4
Oct

COA Releases 2016 Community Oncology Practice Impact Report

Closings, sickness Hospital Acquisitions, generic and Corporate Mergers Continue to Affect Nearly 1, capsule 600 Community Practices Nationally

Since 2010 the Community Oncology Alliance (COA) prepared a Community Oncology Practice Impact Report, tracking the changing landscape of oncology practices in the United States.

The 2016 Community Oncology Practice Impact Report documents a 121% increase in community cancer clinic closings and a 172% increase in consolidation into hospitals since 2008. In that period, 380 cancer treatment facilities have closed, and 609 community cancer practices have been acquired by or become affiliated with hospitals. Another 390 practices report that they are struggling to stay open due to financial stresses.

This is the sixth Community Oncology Practice Impact Report in the series and covers activity for a nine-year period, from January 2008 through September 2016. It notes that the monthly rate of community oncology practice closures has increased 87% since the previous practice impact report.

Read Full Report Here >>