OPM March 2015 | Vol 5 | No 2

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March 2015

www.OncPracticeManagement.com

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Volume 5 • Number 2

Oncology Practice Management ™

FOR ONCOLOGISTS, PRACTICE MANAGERS, FINANCIAL COUNSELORS, AND REIMBURSEMENT SPECIALISTS™

The Evolving Oncology Medical Home By Dawn Holcombe, MBA, FACMPE, ACHE; President, DGH Consulting, South Windsor, CT

New Model Is Announced for Oncology Care

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new payment model announced by the US Department of Health & Human Services offers providers the potential to receive at least $160 per month for patients who are undergoing chemotherapy treatment. The per-beneficiary, per-month (PBPM)

allocation is part of a 2-pronged approach that also includes a performance-based payment to incentivize practices to reduce costs and improve care for this patient population. The goal of this new model, known as the Oncology Care Model (OCM) and Continued on page 6

Ira M. Klein, MD, MBA, FACP

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Michael Kolodziej, MD

irectors from Aetna, Inc, gathered recently with a panel of thought leaders to explore the evolution of the oncology medical home (OMH) against the backdrop of the company’s experiences in this area. The discussion, held in November at the Cancer Center Business Summit, highlighted initiatives Aetna has undertaken and options the company has explored in recent years.

The World of Reimbursement Is Changing: Is Your Practice Ready? By Jessica Turgon, ECG Management Consultants, Inc

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ancer care expenditures in the United States are staggering, and are only expected to climb. In 2010, the total cost of cancer care was $125 billion.1 By 2020, with more individuals living with cancer as a chronic disease, costs are expected to grow by 39% and exceed $170 billion.1 Faced with this dramatic escalation of costs,

providers, commercial payers, and the government are testing different methodologies for reimbursing cancer care. The aim is to shift the economics from a feefor-service environment (ie, buy and bill) to one that rewards quality, efficiency, and a lower cost of care (Figure 1). The full transition to value-based reimbursement will likely be one of trial Continued on page 10

Continued on page 16 From the publishers of

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INTEGRATING ONCOLOGISTS, PAYERS, AND THE ENTIRE CANCER CARE TEAM

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s nt ie t a 30 l r P r… a i o f e tr ay anc l W a er in C ic d n n ra li s U th B l c a i Tri w

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© 2015 Engage Healthcare Communications, LLC


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