Economic pressures are forcing many oncologists to leave small private practices.
Thomas L. Whittaker, MD
The Community Oncology Alliance (COA) has tracked the financial health of 1042 community practices. The organization reports a 40.6% increase in the number of practices that have been acquired by another organization or merged into hospitals. In a 2011 report, COA noted 315 practices that had been acquired by hospitals and 11 practices that merged or were acquired by another organization. Another 199 practices closed, and 369 reported they are in a financial bind.
Jeffery C. Ward, MD