2016 Community Oncology Practice Impact Report: Tracking The Changing Landscape of Cancer Care
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Since 2010, the Community Oncology Alliance (COA) has prepared a Community Oncology Practice Impact Report, tracking the changing landscape of oncology practices in the United States. This is the sixth Community Oncology Practice Impact Report and covers activity for a nine-year period, from January 2008 to September 2016. Compiled from public and private data sources, the report provides a unique look at community oncology practice trends at both the national and state levels. The 2016 Community Oncology Practice Impact Report shows that since 2008, 1,581 community practices and/or clinics nationally have been affected by closings, hospital acquisitions, and corporate mergers. This is a rate of 15.1 community practices affected per month during the observed period. Specifically, the data show:
- 380 Clinics closed — Denotes individual clinic treatment sites that have
- 390 Practices struggling financially – Practices (typically comprised of multiple clinic sites) that have had financial difficulties, struggling to pay bills and/or stay
- 45 Practices sending patients elsewhere – Practices (typically comprised of multiple clinic sites) that are sending ALL of their Medicare patients elsewhere for
- 609 Practices acquired by hospitals – Denotes practices (typically comprised of multiple clinic sites) that have been acquired by a hospital or, with less frequency, have entered into a contractual professional services agreement binding them to a
- 157 Practices merged or acquired – Practices (typically comprised of multiple clinic sites) that have merged or been acquired by a corporate
Notably, the 2016 Community Oncology Practice Impact Report shows an increasing number of practice closures since the last report. The monthly rate of closures has increased 87% since the last report. Other trends COA notes are that since 2008:
- 121% increase in clinics
- 21% increase in practices struggling
- 2% increase in practices sending patients
- 172% increase in practices acquired by hospitals (or with a hospital agreement).
- 54% increase in practices merged or acquired by a corporate
Examining local trends in states, the report shows that the largest number of community oncology practice closures have been in Florida (37), Texas (36), and Michigan (34). The states with the most community oncology practices struggling financially are Michigan (43), New York (41), and California (40).
More Related Content
2016 Community Oncology Practice Impact Report: Tracking The Changing Landscape of Cancer Care
[flexy_breadcrumb]
Since 2010, the Community Oncology Alliance (COA) has prepared a Community Oncology Practice Impact Report, tracking the changing landscape of oncology practices in the United States. This is the sixth Community Oncology Practice Impact Report and covers activity for a nine-year period, from January 2008 to September 2016. Compiled from public and private data sources, the report provides a unique look at community oncology practice trends at both the national and state levels. The 2016 Community Oncology Practice Impact Report shows that since 2008, 1,581 community practices and/or clinics nationally have been affected by closings, hospital acquisitions, and corporate mergers. This is a rate of 15.1 community practices affected per month during the observed period. Specifically, the data show:
- 380 Clinics closed — Denotes individual clinic treatment sites that have
- 390 Practices struggling financially – Practices (typically comprised of multiple clinic sites) that have had financial difficulties, struggling to pay bills and/or stay
- 45 Practices sending patients elsewhere – Practices (typically comprised of multiple clinic sites) that are sending ALL of their Medicare patients elsewhere for
- 609 Practices acquired by hospitals – Denotes practices (typically comprised of multiple clinic sites) that have been acquired by a hospital or, with less frequency, have entered into a contractual professional services agreement binding them to a
- 157 Practices merged or acquired – Practices (typically comprised of multiple clinic sites) that have merged or been acquired by a corporate
Notably, the 2016 Community Oncology Practice Impact Report shows an increasing number of practice closures since the last report. The monthly rate of closures has increased 87% since the last report. Other trends COA notes are that since 2008:
- 121% increase in clinics
- 21% increase in practices struggling
- 2% increase in practices sending patients
- 172% increase in practices acquired by hospitals (or with a hospital agreement).
- 54% increase in practices merged or acquired by a corporate
Examining local trends in states, the report shows that the largest number of community oncology practice closures have been in Florida (37), Texas (36), and Michigan (34). The states with the most community oncology practices struggling financially are Michigan (43), New York (41), and California (40).
