Part B Insider (Multispecialty) Coding Alert
Local Papers Warn Of Cancer Patient Exodus To Hospitals
Cuts to cancer drug payments next year could force Euclid, OH oncologist David Fishman to cover $400,000 worth of drug costs out of pocket, he told Crain's Cleveland Business. And local oncologists predicted a mass exodus of patients back to the hospital in interviews with the Baton Rouge, LA Advocate.
According to the Crain's article, roughly 80 percent of chemotherapy treatments now happen in a physician's office, but this situation may change drastically next January. Fishman told Crain's he's considering no longer accepting Medicare patients.
Many oncologists may leave practice altogether, predicted Derek Raghavan, chairman and director of the Cleveland Clinic Taussig Cancer Center. "Some docs might just say, 'Nuts to this,'" he told Crain's. "Next year is going to be chaos."
Observers hope these alarming articles will push legislators and policy-makers to fix the impending drug payments crisis before January.
Part B Insider (Multispecialty) Coding Alert
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