OVARIAN CANCER and US: cancer drug cost

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Showing posts with label cancer drug cost. Show all posts
Showing posts with label cancer drug cost. Show all posts

Saturday, March 17, 2012

Countering the Misincentivization of Cancer Medicine by Real-Time Personal Professional Education (febrile neutropenia medications)



Countering the Misincentivization of Cancer Medicine by Real-Time Personal Professional Education [Cancer Center Business Summit]:

Purpose:
In the United States, public and private payer misincentivization of medical care and the invisibility of costs to the consumers of that care have conspired to create unsustainable growth in health care expenditure that undermines our economy, diminishes our productivity, and limits our international competitiveness. Cancer medicine provides a small yet salient example. On average, Medicare reimburses oncologists 6% above the average acquisition price for essential anticancer agents and supportive therapies. The costs of these agents vary across a stunning five orders of magnitude, from a few dollars to more than $400,000 per course of treatment. The profitability to providers varies across approximately four orders of magnitude, from cents to thousands of dollars per treatment. National guidelines (National Comprehensive Cancer Network [NCCN], American Society of Clinical Oncology [ASCO]) help providers select the most effective therapies without regard for cost.

Methods:
We created an oncologist-to-oncologist professional education program to help cancer physicians optimally use expensive long-acting white blood cell growth factors, in accordance with these national guidelines.