Most oncologists now practice in either an integrated delivery network (IDN) or in a sophisticated medical group within a network of community practices. Declining economics drove this consolidation as larger entities with economic scale and bargaining power against suppliers and payers acquired practices and hired individual oncologists. Consequently, only 1 in 5 oncologists now practice in an independent community setting. The figure below illustrates the types of organizations where medical oncologists now practice.
Welcome to the April 2024 edition of our Monthly Insight Series. This month we’re looking at community oncology practices’ reliance on buy-and-bill drug revenues.
Lee BlansettNavigating IDNs requires understanding their financial drivers, revenue streams, and cost management. Here, we look at IDNs' key financial aspects, such as revenue optimization strategies, and examine the potential effects of site-neutral payment reforms.
Emma BijesseWelcome to the March 2024 edition of our Monthly Insight Series. This month we examine the trend of oncologists consolidating into IDNs and network aggregators.
Taylor Crutison