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US Oncology Reports 2009 Fourth Quarter and Year End Operating Results
Date:2/25/2010

oximately $212.9 million, including cash and investments of approximately $123.3 million and availability under its revolving credit facility of $89.6 million.  

Contingencies and Risks

On July 30, 2008, the United States Food and Drug Administration ("FDA") published a final new label for Erythropoiesis-Stimulating Agents ("ESAs") drugs Aranesp and Procrit.  This action was taken contemporaneously to the previous national coverage decision ("NCD") by the Centers for Medicare and Medicaid Services ("CMS") establishing criteria for reimbursement by Medicare for the ESA usage issued on July 30, 2007.    Unlike the NCD from CMS, the label indication directs appropriate physician prescribing and applies to all patients and payers.  A proposed Risk Evaluation and Mitigation Strategy ("REMS") for ESAs was filed by ESA manufacturers with the FDA in August, 2008 and approved on February 16, 2010 to become effective on March 24, 2010.  The REMS is focused on ESA prescribing guidelines and requires additional patient consent/education requirements, medical guides and physician registration over a one year period beginning on March 24, 2010.  The REMS also outlines additional procedural steps that will be required for qualified physicians to order and prescribe ESAs for their pa
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SOURCE US Oncology, Inc.
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