Quote:
Originally Posted by Russ_Boston
There was a story the other day in a local Boston business mag (I wish I had a link reference) about the proliferation of cancer centers in the eastern MA area. Even though almost every hospital of note was building a new center they all felt they would be profit centers for the hospital. The Big C is Big B!
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Yes, radiation oncology is still big bucks IF there are enough patients to support it. There are huge fixed costs that need a decent number of patients to support it. It finally stuck the good folks at CFHA that they were going to have to front the equipment and construction costs for two centers. As I said, I think this worked out for the best.
Medicare cut radiation oncology reimbursement by 1% for the last two years. This still leaves a heck of a margin. Not bad when you look at what they did to medical oncology.