Partner Michael Blau was quoted in a Targeted Oncology article, “As Practices Look to the Future, 2 Models for Next-Generation Management Companies Emerge,” about the business models of three next-generation physician practice management companies.
Blau, who moderated a breakout session on the three companies during the Association of Community Cancer Centers (ACCC) 45th Annual Meeting & Cancer Center Business Center Summit in Washington, D.C., said it is important for community oncology practices to consider their position in the marketplace going forward. “One option for the oncology group to consider is a relationship with some type of next-generation practice management company,” he said.
By working with a next-generation practice management company, Blau said, the practice would gain access to new technology platforms, payer contracting and positioning for value-based care, and other operational/outcome improvements. Such a relationship could also assist with group purchasing, shared services, drug formularies, and more, he added.
Blau, who moderated a breakout session on the three companies during the Association of Community Cancer Centers (ACCC) 45th Annual Meeting & Cancer Center Business Center Summit in Washington, D.C., said it is important for community oncology practices to consider their position in the marketplace going forward. “One option for the oncology group to consider is a relationship with some type of next-generation practice management company,” he said.
By working with a next-generation practice management company, Blau said, the practice would gain access to new technology platforms, payer contracting and positioning for value-based care, and other operational/outcome improvements. Such a relationship could also assist with group purchasing, shared services, drug formularies, and more, he added.
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