Oncology practices can now participate in the American Society of Clinical Oncology’s (ASCO) 2020 Survey of Oncology Practice Operations (SOPO). The survey, which opens today, gives practices a deeper look at a variety of management topics from revenues to staffing levels, and reviews the current state of business and operational issues in oncology. This survey is part of ASCO’s continued efforts to help oncology practices navigate the evolving cancer care delivery system.
The survey provides benchmarking for practices and allows ASCO to identify trends to stay on top of new challenges, including new and sweeping changes to physician reimbursement, team-based care, new treatment strategies, along with continued competitive pressures.
ASCO invites all oncology practices in all practice settings – including physician-owned, academic, and hospital/system-based practices – to participate in the survey. Oncology practice administrators are typically best suited to answer the survey, as they have access to the necessary information.
Once responses are validated and the data analysis is complete, respondents will receive a comprehensive report that provides an overview of the dozens of practice benchmarks. This document can be used as a baseline measure for practice improvement.
The individual practice data from the survey is confidential and will remain internal to ASCO. Aggregate data will be shared with survey participants and may be published in a scientific journal.
2019 Data Published in JCO OP
JCO Oncology Practice recently published a new article highlighting data from the 2019 Survey of Oncology Practice Operations. The article includes 109 benchmarks on oncology practice operations for activities such as staffing, productivity, revenue, and expenses; including a salary survey for 27 oncology-specific positions.
Key benchmarks highlighted include:
- Average work relative value units (wRVUs) for a variety of positions and practice settings
- Revenue and expenses per full-time equivalent (FTE) physician
- Average new patient/consult visits per FTE
- Staffing ratios
- Treatment chair and linear accelerator utilization
- Average salaries for advanced practice providers, nurses, medical assistants, radiation therapists, administrative staff, and other key positions