Today, the Community Oncology Alliance (COA) released the 2020 Community Oncology Practice Impact Report which tracks the changing landscape of cancer care in the United States. The report documents a 20.8 percent increase in practices merging with, or being acquired by, another community oncology practice and/or acquired by a corporate entity in the last two years. This major jump is likely the result of practices seeking protection from hospital merger pressures. The rate of practices being acquired by hospitals continued at a steady pace, with a 9.7 percent increase from 2018 to 2020, fueled most notably by hospitals’ financial incentives in the 340B Drug Pricing Program and higher payments to hospital sites for cancer care services.
Read the full article: COA Releases 2020 Community Oncology Practice Impact Report //
Source: https://www.prnewswire.com/news-releases/coa-releases-2020-community-oncology-practice-impact-report-301046651.html