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Florida Cancer Specialists & Research Institute Calls for Reform in Value-Based Oncology Care Programming | ||
By: PR Newswire Association LLC. - 03 Apr 2024 | Back to overview list |
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Advocates for a More Inclusive and Sustainable Value-Based Care Model FORT MYERS, Fla., April 3, 2024 /PRNewswire/ -- Florida Cancer Specialists & Research Institute, LLC (FCS) is calling for reform in value-based oncology care modeling and proposes a holistic approach to gain a comprehensive understanding of drivers for improved outcomes in oncology practices. In today's current value-based care landscape, risk-reward ratios are often offset by rising drug and procurement costs and poorly aligned goals with reduced cohort sizes and limited attribution pools. Florida Cancer Specialists & Research Institute calls for reform in value-based oncology care modeling. Following the statewide practice's success as a top performer of the Centers for Medicare and Medicaid Innovation Center (CMMI) Oncology Care Model (OCM), FCS has applied best practices observed during its participation in the five-year value-based care (VBC) program and has since sought out payer partnerships emulating similar processes and services that were effective in reducing healthcare costs and improving patient outcomes. "We are deeply committed to driving strategic value-based oncology care efforts at FCS. Building on our previous success in the OCM, we are poised to further elevate patient outcomes and reduce costs. By aligning incentives with quality metrics and fostering collaboration across the care continuum, we aim to set new benchmarks for excellence in oncology care delivery," says FCS Chief Executive Officer Nathan H. Walcker. FCS has identified the key factors that directly impact value-based oncology platforms: Attribution Benchmarking & Creating Prospective Value Scalability Key Considerations for Successful Risk Models
Uncharted Waters of Holistic Oncology Care "Through our holistic, value-based approach, we have the ability to establish best practices that enhance outcomes and reduce the costs associated with providing care," says FCS President & Managing Physician Lucio N. Gordan, MD. "Adhering to programs that embrace scalability and flexibility and promote a win-win-win scenario for payer, provider and patient is ideal and possible. We've had great success when these factors are considered and are experiencing newfound benefits from our Holistic Model of Care." Learn more about value-based care programs at FCS here. About Florida Cancer Specialists & Research Institute, LLC: (FLCancer.com) Florida Cancer Specialists & Research Institute (FCS) offers patients access to more clinical trials than any private oncology practice in Florida. The majority of new cancer drugs recently approved for use in the U.S. were studied in clinical trials with FCS participation.* Recognized for our research, FCS is a recipient of the national Clinical Trials Participation Award presented by the American Society of Clinical Oncology (ASCO). FCS physicians, trained in prestigious medical schools and research institutes, are consistently ranked nationally as Top Doctors by U.S. News & World Report. Celebrating its 40th year in 2024, FCS has built a national reputation for excellence that is reflected in exceptional and compassionate patient care, driven by innovative clinical research, cutting-edge technologies and advanced treatments, including targeted therapies genomic-based treatment and immunotherapy. Our highest values are embodied by our outstanding team of highly trained and dedicated physicians, clinicians and staff. *Prior to approval View original content to download multimedia:https://www.prnewswire.com/news-releases/florida-cancer-specialists--research-institute-calls-for-reform-in-value-based-oncology-care-programming-302107450.html SOURCE Florida Cancer Specialists & Research Institute |
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