Minnesota Oncology has embraced the Centers for Medicare & Medicaid Services' (CMS) Enhancing Oncology Model (EOM), leveraging their extensive experience in value-based care delivery to enhance cost management while maintaining high-quality patient outcomes.
Strategic Focus on Value-Based Care
Dr. Kirollos Hanna, PharmD, BCPS, BCOP, FACCC, director of pharmacy at Minnesota Oncology, describes the practice's decision to join EOM as "almost a no-brainer." The organization's established partnerships with local and national payers, including Blue Cross Blue Shield of Minnesota, have demonstrated their ability to reduce costs without compromising clinical benefits.
Cost Management Initiatives
With drug costs driving healthcare spending, the practice has implemented several strategic initiatives under EOM:
- Early adoption of biosimilars upon market entry
- Implementation of clinical pathways that consider total cost of care
- Evaluation of treatment regimens based on comparative clinical profiles
- Integration of social determinants of health considerations
Collaborative Network Benefits
As part of the US Oncology network, Minnesota Oncology benefits from shared learning opportunities across multiple participating practices. "It takes a village," notes Dr. Hanna, highlighting the value of cross-regional collaboration in developing effective interventions and sharing best practices.
Focus on Key Disease States
The EOM model emphasizes cost analysis across seven primary disease states, with drug costs accounting for 70% of the evaluation. This aligns with Minnesota Oncology's existing approach to cost containment through evidence-based pathway selection and strategic biosimilar adoption.
Multi-Stakeholder Engagement
The practice maintains strong relationships with various stakeholders, including:
- Local healthcare organizations
- National payer networks
- Other US Oncology practices
- Healthcare providers across multiple specialties
This collaborative approach enables comprehensive care delivery while managing costs effectively within the EOM framework.