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Running a successful oncology practice requires accurate coding, timely reimbursement and ongoing inventory management and cost control for chemotherapy agents. Without these essential components, significant losses can add up. With the dramatic changes in the insurance landscape that have taken place in the past decade, many practices are realizing that they must improve their management practices to maintain and increase profitability.
Oncology Partners is here to help. Oncology Partners works with both large and small oncology practices throughout the U.S. to improve their operations. Consider the following results Oncology Partners helped secure for our clients:
• Cut agent delivery costs by 30% for a practice in Tennessee. • Helped a practice in Kentucky reduce its past-due balance with a wholesaler by nearly $500,000 in one year. • Improved the average collection at another Tennessee practice by over $200,000 per month.
• Reduced agent delivery costs by 35% for a practice in Mississippi.
Stringent billing management, chemotherapy agent oversight and operational audits are vital to the success of any oncology practice. When compared to other specialties, even just a few errors and inefficiencies can cost thousands of dollars or can even close the doors of an otherwise thriving practice.
Oncology Partners provides a peace of mind so that you can spend more time and effort on delivering the best care possible to your patients. Please contact us today at 931-548-0078 to learn more.
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