American Oncology Network (AONC, Financial) reported impressive results following the initial performance period of the Centers for Medicare & Medicaid Innovation’s (CMMI) Enhancing Oncology Model (EOM). By partnering with Thyme Care, a company focused on value-based cancer care, AON's practices successfully reduced costs by nearly $6 million for the Centers for Medicare & Medicaid Services (CMS).
The collaboration not only yielded substantial financial savings but also led to AON receiving a performance-based payment, reflecting their effectiveness in the program. The initiative also resulted in enhanced patient experiences and outcomes, illustrating the potential benefits of innovative healthcare models in oncology.
