tci Part B Insider - 2005 Issue 3

Chemotherapy: One Clinic Stands To Lose $150,000 On Drugs In 2005

Take stock of your losses soon to avoid shocking shortfallThe Centers for Medicare & Medicaid Services may claim that Medicare drug reimbursements now represent the average price that most doctors pay for the drugs. But if that's so, then many practices with vulnerable cancer patients are discovering the pain of being below average.Oncologists tell PBI that they're struggling with rock-bottom drug reimbursements that took effect Jan. 1, only a short time after CMS released the final drug fee schedule. In many cases, the reimbursements are worse than physicians expected, and doctors are taking a loss on many common...

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