Private equity-backed OneOncology is on the move again as a leading national cancer practice, New York Cancer & Blood Specialists (NYCBS), inked a partnership deal with The Brooklyn Hospital Center (TBHC), an independent community hospital in the quest to build a new comprehensive cancer care facility, The Brooklyn Cancer Center. Now advanced medicine meets grounded community medicine in Brooklyn; specialists augment and complement community oncologists; Brooklyn residents don’t need to cross a bridge or take a subway for the most advanced care, including access to leading research options.
The TrialSite News offers a brief summary breakdown of this updated activity.
They are a leading practice in the national OneOncology partnership, the private equity-backed network of independent community oncology practices. Now with access to OneOncology technology, integration support, and capital, NYCBS can provide access to advanced, cutting-edge oncology care, including access to clinical trials or what is known as research-as-a-care option across Brooklyn. TrialSite News co-founder Daniel O’Connor suggested that the “OneOncology model is intriguing as community oncology practices are under considerable pressure to consolidate, but thanks to the private capital equity and vision of OneOncology, perhaps a third approach to scale, size yet flexibility and community accessibility can be achieved along with opening up greater research access.”
With forthcoming the comprehensive cancer care center located at 523 Fulton Avenue in Downtown Brooklyn, the 2.53 million living in Brooklyn will have access to advanced therapies and treatments. The center will be completed during the 4th quarter of 2020. IN the meantime physicians at TBHC team with NYCBS and practice at The Brooklyn Hospital Center at 121 DeKalb Ave., in Fort Greene/Downtown Brooklyn. Gary G. Terrinoni, TBHC’s President & CEO, commented, “Residents of Brooklyn no longer have to travel out of the borough for excellent cancer care.”
A Good Combination
Any partnership or business marriage should be complementary and engagements involving patient care are no exception. While NYCBS’ mission to advance comprehensive patient-centered care not only compliments the high-quality and compassionate care of TBHC oncologists, who speak six different languages combined, to deliver to their diverse patient population. This partnership will enable NYCBS to improve cancer care services for patients.
Underlying much of health care and research are principles of value-based care and associated value-based models. TBHC commits to the concept, which aligns with NYCBS and OneOncology’s value-based medicine leadership; and a deep understanding of value-based models—especially in Medicare’s Oncology Care Model and the forthcoming Oncology Care First model. These are all quite important in the inevitable march of the American health care system from paying for volume to value.
About New York Cancer & Blood Specialists
New York Cancer & Blood Specialists is committed to our patients. We are dedicated to providing each patient with a unique path to treatment and unmatched support. We strive to make quality, comprehensive cancer care available to each and every patient throughout New York.
OneOncology is a national partnership of independent, community oncology practices working together to improve the lives of everyone living with cancer through a physician-led, data-driven, technology-powered, and patient-centric model. OneOncology is comprised of six leading community oncology practices representing over 400 providers practicing at nearly 170 sites of care across the United States.
About The Brooklyn Hospital
Since 1845, The Brooklyn Hospital Center has been dedicated to providing outstanding health services, education, and research. Our focus is ensuring optimal patient care through the use of advanced technology, innovative medical and surgical treatments, and staff expertise. Located in the heart of Downtown Brooklyn, TBHC is a clinical affiliate of The Mount Sinai Hospital and an academic affiliate of The Icahn School of Medicine at Mount Sinai. As Brooklyn’s first hospital, we are proud to be a part of this incredibly diverse community and to be Keeping Brooklyn Healthy.