Reimbursement issues in Oncology...

Frank,

I recently spoke with one of our oncologists, and he says the same thing.

At present, many private practice oncologists can make, literally, 400 - 500,000 bucks if they own their own chemotherapy suites. Unfortunatly, this will change in the future, as medicare and medicaid continue to slash compensation.

It will dramatically reduce the amount of money that private practice oncologists make. (academics will probably make about the same, which is significantly less than private practice). But lets be realistic. No physician is going to starve, and one who subspecializes will make more than the average PCP.

I don't know of the numbers, and none of us will until things have settled, but I would say that a private practice oncologist could do pretty well in the future.