The latest data continue to show a clear trend: Consolidation in oncology is on the rise. A 2024 study revealed that the pace of consolidation seems to be increasing. The analysis found that, between 2015 and 2022, the number of medical oncologists increased by 14% and the number of medical oncologists per practice increased by 40%, while the number of practices decreased by 18%. While about 44% of practices remain independent, the percentage of medical oncologists working in practices with more than 25 clinicians has increased from 34% in 2015 to 44% in 2022. By 2022, the largest 102 practices in the United States employed more than 40% of all medical oncologists.
Read the full article: Oncology Mergers Are on the Rise //
Source: https://www.medscape.com/viewarticle/oncology-mergers-are-rise-how-can-independent-practices-2024a1000be3