The Business Challenges Facing Oncology Practices
From costly chemotherapy drug inventory management to compliance with value-based care models and payer audits, oncology practices operate in a uniquely demanding financial environment. Practices must manage complex billing for infusion services, negotiate payer contracts, and maintain regulatory compliance with federal programs like the Oncology Care Model (OCM) and Merit-Based Incentive Payment System (MIPS). Rising drug costs, thin margins, and payer delays can significantly impact cash flow. Additionally, oncology groups looking to scale or transition must also navigate valuations, buy-outs, and tax implications with precision.