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FCS Case Study Shows High-Quality, Cost-Effective Care Delivered Through the Oncology Care Model
The shift to a value-based care platform through the Oncology Care Model was shown to stimulate a cost-effective, value-based platform for care delivery for FCS patients.
The shift to a value-based care platform fundamentally altered the drivers of patient satisfaction and resulting quality of life for patients at the Florida Cancer Specialists & Research Institute (FCS), but it also stimulated a cost-effective, value-based platform for care delivery across a growing subset of the population, according to findings of a case study.
In 2016, FCS, a community oncology practice serving nearly 100 locations in Florida, entered into the Oncology Care Model (OCM), which recently completed reporting for 9 of its initial payment periods. Key findings of the case study evaluating OCM and non-OCM practices included:
- reduction of expenditures amounting to $168 million, more than $120 million in net CMS savings
- FCS hospital admissions were 8% lower than those of other OCM-enrolled practices
- FCS had 21% fewer cases of emergency room visits
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