ACE Update
For hospitals and oncologists alike, alignment can be an intimidating concept, particularly given the unique revenue streams associated with oncology services (e.g., infusion administration, radiation oncology treatments). However, an increasing number of organizations are pursuing stronger affiliations in an effort to better coordinate care, improve access, and ensure the long-term financial viability of oncology services. While physician employment has received much of the recent press, the Professional Services Agreement (PSA) has gained prevalence as a mutually beneficial, high-integration alignment strategy. This article highlights the basic features and benefits of a PSA model for oncology services and offers an explanation for this model’s increasing popularity.
