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Oncology Metrics Launches the National Practice Benchmark: One in a Series of Initiatives to Help Community Oncology Practices Better Measure Operational and Financial Performance
Date:2/6/2008

DALLAS and FORT WORTH, Texas, Feb. 6 /PRNewswire/ -- Oncology Metrics, a business that develops products and services to help accelerate advancements in the treatment of cancer, today announced the launch of the first annual National Practice Benchmark, an initiative to assist community oncology practices understand critical operating measures.

This benchmark initiative will be open to all community-based oncology practices nationally. Practices of all size are invited to participate. The survey will be sent to administrators and physicians via e-mail and the data collected using an online survey instrument, a quick and efficient method for capturing the data. The survey will take approximately 30 minutes to complete.

The first 200 respondents will be eligible for gift cards ranging from $25.00 to $50.00 and all respondents who complete the survey will be placed in a drawing for a new iPhone from Apple. In addition, respondents will receive an electronic copy of the survey results. The survey results will also be submitted for publication in a national oncology business journal.

Benchmarking is widely recognized as the best and most efficient way to find opportunities to improve your practice and monitor progress after corrective action is taken. Benchmarks have been used to reduce costs and improve revenue, and discover new product and service lines that can be used to make your practice more effective and efficient. Better performing practices continuously benchmark internally and externally. Tom Barr, COO of Oncology Metrics commented, "If you don't measure, you are just guessing."

Interested practices may contact Oncology Metrics directly to request participation.

About Oncology Metrics

Oncology Metrics is a service and data business for the oncology community that develops products and services to help accelerate advancements in the treatment of cancer. Oncology Metrics has built three distinct networks of community-based oncology centers from which it gathers financial and operation information (Oncology Circle), clinical information (Data Direct), and biological specimens (Cure Pace). It accesses and aggregates this information to provide a platform of knowledge-based products and services. The cornerstone of Oncology Metrics' approach is to promote the discovery and adoption of best practice. Oncology Metric's customers include oncology care providers and all organizations involved in the quest to improve cancer diagnosis and treatment.

Oncology Metrics knowledge-based products and services will help providers improve their financial and clinical performance, industry develop better products and services for oncology professionals, and patients receive more effective individualized care.

The Oncology Metrics team is comprised of business and medical professionals with decades of experience in healthcare. Oncology Metrics was founded in 2001 and is based in Dallas-Fort Worth, Texas with an office in the San Francisco Bay Area.

Additional information about Oncology Metrics can be found at http://www.oncomet.com.

Contact: Warren Dodge at 415-454-1338 or press@oncomet.com


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