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Take Our Online Survey Regarding the High Cost
of Oncology Drugs

If you're a medical oncologist/hematologist we need your help. We believe the current drug pricing methodology for chemotherapy and other related drugs is terribly flawed. It is driving practices out of business and putting patient care at risk. We'd like to gather actual practice data relative to this issue and how it's affecting practices across the US, tally it and submit in report format to key congressional and Medicare representatives. Our goal is to help drive reform in the drug purchasing process.

Your data will remain totally anonymous and will be routed to an outside vendor of ours for tally and analysis. Simply complete this survey.

  1. How many physicians, nurse practitioners and physician assistants are in your group?
    1 to 3
    4 to 6
    > 6
  2. Do you believe the drug cost is the single most important issue affecting your practice today?
    Yes
    No - please comment:
  3. Is your practice purchasing direct debit?
    Yes
    No

    If not, is your practice paying for your drugs:
    within 30 days?
    within 75 days?
    Other
  4. What do you believe to be the rate at which you are currently purchasing drugs?
    (NOTE: Make sure to use volume weighted average; be sure to include rebates; note that ASP is equal to Medicare allowable divided by 1.06)
    < ASP
    @ ASP
    ASP + 1% - 2%
    ASP + 3% - 4%
    ASP + 5% - 6%
    ASP + > 6%
  5. On how many drugs are you currently receiving rebates?
    On which drugs?
  6. Do you feel the ASP drug formula is making it more difficult to pay your drug bill?
    Yes
    No
  7. Do you feel that more than 30% of your 2007 net income came from drug rebates?
    Yes
    No
  8. Did you experience a decrease in physician provider compensation in 2007 as compared to 2006?
    Yes
    No
  9. Are you sending more patients to the hospital outpatient department because of the cost of drugs?
    Yes
    No
  10. How many drugs do you purchase at a cost that exceeds the Medicare allowable?

For more information contact us:
Neltner Billing and Consulting
6463 Taylor Mill Road
Independence, KY 41051
888-635-8637
info@neltnerbilling.com

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Latest News as of
December 2008  

Take Our Online Survey Regarding the High Cost of Oncology Drugs

If you're a medical oncologist/hematologist we need your help. We believe the current drug pricing methodology for chemotherapy and other related drugs is terribly flawed. It is driving practices out of business and putting patient care at risk. We'd like to gather actual practice data relative to this issue and how it's affecting practices across the US, tally it and submit in report format to key congressional and Medicare representatives. Our goal is to help drive reform in the drug purchasing process.

Take the survey –>

Oncology Drug Rebates and Bundling Practices: Are They Really Helping Anyone?

As you are aware, there is an urgent need in the oncology community to stop the practices of drug rebates and bundling. Instead, we need to concentrate on reducing the cost of the drugs. Too many small practices are being either forced to close, or seek alternative solutions to increase their incomes. Ethical questions also arise as to whether patients are receiving the best drugs for their treatments. In response to this critical issue, Neltner Billing and Consulting is submitting a letter to ASCO asking them to take a position on this situation.

Read more –>

Taking Care of Business While You Take Care of Patients

Are you billing Medicare and private pay insurance companies for every medically necessary and appropriate service? Would you be prepared if Medicare came back to you, disputed your billing and wanted funds returned? If not, you may want to consider outsourcing your billing services.

Read more –>

Neltner Abstract Accepted by ASCO

Neltner Billing and Consulting is honored that the American Society of Clinical Oncology accepted our abstract, "An Examination of Oncology Drug Purchasing Compared to Average Sales Price" for online posting. You can view the full abstract on the ASCO website by clicking here.

Persistence Pays Off: A Success Story Worth Discussing

On behalf of a client, we have a great success story to report. One of our oncology clients was having continued denials with a large private pay insurance company. The oncologist was following AMA coding guidelines, but the insurance company did not agree.

Read more –>

What You Need to Know About the 2008 Fee Schedule

It's 2008 and fee schedule changes have occurred. In the Practice Expense category, the RVU practice expense methodology is transitioning between now and 2010. "Direct" expenses will be affected (Clinical staff, Medical supplies and Medical equipment).

Read more –>


Please also visit the Neltner Advocacy Alliance website

Call Us Today For a Private Consultation

With the added pressure that national health care trends have put on physicians, hospitals and medical groups to conduct business, you are faced with more financial decisions than ever.

Call Neltner Billing and Consulting today for a private consultation regarding how we can proactively help manage your business.

888-635-8637


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