WASHINGTON, April 24, 2020 /PRNewswire/ — Today, the Association Oncology Alliance (COA) appear the 2020 Association Oncology Convenance Appulse Address which advance the alteration mural of blight affliction in the United States. The address abstracts a 20.8 percent admission in practices amalgamation with, or actuality acquired by, addition association oncology convenance and/or acquired by a accumulated article in the aftermost two years. This above jump is acceptable the aftereffect of practices gluttonous aegis from hospital alliance pressures.
This is the eighth Association Oncology Convenance Appulse Address and covers action for a 12-year period, from January 2008 through April 2020. Since 2008, COA has tracked 435 association oncology practices that accept bankrupt and 722 association oncology practices that accept been acquired or become affiliated with hospitals.
The amount of practices actuality acquired by hospitals connected at a abiding pace, with a 9.7 percent admission from 2018 to 2020, fueled best conspicuously by hospitals’ banking incentives in the 340B Drug Pricing Affairs and college payments to hospital sites for blight affliction services.
“Over the aftermost twelve years an boilerplate of 9 practices per ages accept closed, been acquired by a hospital, or merged. These are adverse trends and alarming for patients aggressive cancer,” said Michael Diaz, MD, admiral of the Association Oncology Alliance and administrator of accommodating advancement at Florida Blight Specialists & Research Institute. “The COVID-19 communicable has acutely approved the important and irreplaceable role that association oncology practices comedy in America’s bloom affliction system. As hospitals accept had to about-face assets to focus on COVID-19, association oncology practices accept remained accessible to amusement patients. Blight doesn’t stop and the blight affliction we accommodate will not stop, no amount what challenges are befuddled our way.”
“The trends of convenance closures and hospital mergers accept connected at appealing abundant the aforementioned clip as the aftermost Association Oncology Convenance Appulse Report, which shows that policymakers in Washington are still not accomplishing abundant to bottle the independent, association oncology system. At the aforementioned time, we are actuality apprenticed by accessible action to bear college amount and lower costs, all while not abundant is actuality done to stop blight affliction from actuality confused into the abundant added big-ticket hospital setting,” said Ted Okon, controlling administrator of COA. “The alive of blight affliction to ample bloom systems is the aftereffect of the delinquent 340B affairs and disparate site-of-service payments that basically excellent money for hospitals.”
Despite association oncology practices befitting their doors accessible to amusement patients in charge during the COVID-19 pandemic, aboriginal abstracts indicates that the crisis is decidedly impacting practices, which are already advertisement abrupt decreases in visits, treatments, and new patients. COA will be ecology and advertisement on the appulse of the communicable on association oncology practices, as able-bodied as advocating for action changes that abutment them and their patients. As the address notes, while government abutment and action changes allowable to date accept been allowance practices acclimate the storm, it is cryptic if hospitals will use complete bailouts to ammunition advance column crisis, added accepting association oncology practices and accumulation the nation’s blight affliction into the abundant added big-ticket hospital setting.
Compiled from accessible and clandestine abstracts sources, the 2020 Association Oncology PracticeImpact Address provides a different attending at association oncology trends at both the civic and accompaniment level. At the accompaniment level, the better cardinal of closures are in Florida (47), followed by Texas (44), and Michigan (36).
The complete 2020 Association Oncology Convenance Appulse Address is accessible at https://communityoncology.org/2020-community-oncology-alliance-practice-impact-report/.
About the Association Oncology Alliance:The majority of Americans aggressive blight accept analysis in the association oncology setting. Befitting patients abutting to their homes, families, and abutment networks lessens the appulse of this adverse disease. Association oncology practices do this while carrying high-quality, cutting-edge blight affliction at a atom of the amount of the hospital setting. The Association Oncology Alliance (COA) advocates for association oncology and acute accessible action that ensures the association blight affliction arrangement charcoal advantageous and able to accommodate all Americans with admission to local, quality, affordable blight care. Learn added at www.CommunityOncology.org. Follow COA on Twitter at www.twitter.com/oncologyCOA or on Facebook at www.facebook.com/CommunityOncologyAlliance.
View aboriginal agreeable to download multimedia:https://www.prnewswire.com/news-releases/coa-releases-2020-community-oncology-practice-impact-report-301046651.html
SOURCE Association Oncology Alliance
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