Tag Archives: Jeff Vacirca

Will the Sequester Cause Oncologists to Lose Money Prescribing Chemotherapy?

By Peter Ubel

In a recent Washington Post article, Sarah Kliff reported that ?Cancer clinics across the country have begun turning away thousands of Medicare patients? because of reductions in reimbursement caused by the sequester. Specifically, oncologists will no longer be able to markup the price of chemotherapy by 6% ?to cover the cost of storing and administering? the drugs. As health executive Jeff Vacirca put it: ?If we treated the patients receive the most expensive drugs, we?d be out of business in six months to a year.?

From: http://www.forbes.com/sites/peterubel/2013/04/12/will-the-sequester-cause-oncologists-to-lose-money-prescribing-chemotherapy/