tci Part B Insider - 2004 Issue 44

Physician Notes: Accountability Office Can't Count, Claims ASCO

But GAO insists cancer care won't suffer next yearOncologists should be able to afford the new, reduced payments for medications that take effect in January, claims the Government Accountability Office in a new report ("Medicare Chemotherapy Drugs: New Drug And Administration Fees Are Closer To Providers' Costs," GAO-05-142R). The GAO studied 16 drugs commonly billed by oncologists and found that Medicare payments would be 22 percent above oncologists' costs in 2004 and 6 percent above their costs in 2005. The American Society for Clinical Oncology responded that a survey of its members found that payments would be only...

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