Benefits that OneOncology brings to community oncology practices include:
• Lowering costs by letting the open market set drug prices through a completely transparent negotiation that ensures the lowest possible price on a product line item basis
• Freeing-up staff time spent on drug shopping, drug ordering and administrative tasks
• Eliminating market basket and bundled contracts to give physicians greater freedom of choice in making treatment decisions and optimizing therapies
• Improving decision-making and efficiency with an easy-to-use online order management process and an intuitive dashboard that provides benchmarks for individual practices to better manage their business
"Practices large and small are struggling to stay afloat in medical oncology and the results are that patients are suffering," said Kurt H. Neumann, M.D., director and past president of the Michigan Society of Hematology and Oncology. "Drug margins have dropped at least 32 percent since the Medicare Modernization Act was enacted, and we've had little assistance in offsetting this collapse by fairly paying oncologists and nurses for their cognitive contributions and infusion services. In order to continue to provide quality care, community oncologists will need to join together in programs that increase transparency and decrease the costs of drug acquisitions, enabling substantial increases in efficiency that will provide value throughout their entire operations."
There are no fees for oncology practices to join OneOncology.com. Additional information can be found at www.OneOncology.com.