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For the Third Consecutive Year, Virginia Cancer Specialists Named #1 Practice in Virginia for Cancer Care, and Ranked #1 Across All Medical Specialties
Prnewswire· 2026-02-05 13:01
Core Viewpoint - Virginia Cancer Specialists has been recognized as the 1 physician practice in Virginia for cancer care for three consecutive years, highlighting its commitment to excellence in patient care and clinical practice [1][12]. Group 1: Recognition and Awards - Virginia Cancer Specialists has earned the distinction of being the 1 cancer practice in Virginia and across all medical specialties, based on the number of Castle Connolly Top Doctors [1][12]. - Castle Connolly Top Doctors represent the top 7% of over 985,000 practicing physicians in the U.S., selected through a rigorous evaluation process [2][3]. Group 2: Commitment to Excellence - The recognition reflects a sustained commitment to consistency, discipline, and excellence over time, requiring daily dedication from the medical team [4][5]. - Physicians at Virginia Cancer Specialists emphasize that enduring excellence is achieved through daily dedication and a focus on patient care [5][7]. Group 3: Selection Process - The selection process for Castle Connolly Top Doctors is merit-based, with physicians nominated by peers who answer the question of whom they would trust to care for their own family [6]. - The evaluation considers clinical expertise, professional achievements, and interpersonal skills such as empathy and communication [6][8]. Group 4: Teamwork and Values - The recognition is attributed to the collective discipline and teamwork of the entire practice, with a commitment to doing what is right for patients [8][7]. - Virginia Cancer Specialists emphasizes the importance of consistent compassion, quality, and respect for every individual served [7][8]. Group 5: Clinical Capabilities - Virginia Cancer Specialists is the largest private cancer practice in Northern Virginia, offering access to advanced treatment protocols and a comprehensive range of services [12]. - The practice is home to the Virginia Cancer Specialists Research Institute and has the largest clinical trials portfolio in the Mid-Atlantic region [12].
This Healthcare Stock Is Up 1,000%, Outpacing Nvidia, Tesla, and Apple Combined
Yahoo Finance· 2025-10-21 13:45
Group 1 - The stock price of Oncology Institute has increased by 1,130% through October 16, significantly outperforming major technology stocks like Nvidia and Tesla, which gained 35.4% and 6.2% respectively, while Apple saw a decline of 1.2% [1][8] - Oncology Institute, founded in 2007, offers a variety of cancer care services, including physician care, infusions, radiation, pharmacy services, and clinical trials, aiming to operate under value-based contracts that incentivize cost-effective, high-quality healthcare [4][5] - The company operates in 16 markets across five states and has experienced rapid revenue growth, with a 21.5% increase in second-quarter revenue to $119.8 million, although it reported an operating loss of $11.2 million, which is an improvement from the previous year's loss of $16.4 million [5][6] Group 2 - The future prospects for companies like Oncology Institute that enhance cost-effectiveness and improve outcomes in the U.S. healthcare system are promising, but it remains uncertain when or if the company will achieve profitability [6] - Despite the significant stock price increase, there are recommendations to consider other investment opportunities, as Oncology Institute was not included in a list of the 10 best stocks identified by The Motley Fool Stock Advisor [7][8]
TOI Launches Florida Oncology Network, a Fully Delegated Cancer Care Network, and Announces Four Additional Value-based Contracts in Q1
Newsfilter· 2025-03-31 12:00
Core Viewpoint - The Oncology Institute, Inc. has launched the Florida Oncology Network to enhance access to high-quality, coordinated cancer care for residents in Florida [1][2]. Group 1: Network Overview - The Florida Oncology Network comprises TOI Clinics and a panel of value-focused medical and radiation oncologists located throughout Florida [2]. - The network aims to provide comprehensive cancer care that is accessible, affordable, and outcome-focused for patients and payor partners [2]. Group 2: Partnership and Operations - TOI has partnered with Provider Network Solutions (PNS) to manage claims administration and network management under a delegated arrangement [3]. - This collaboration combines TOI's clinical model with PNS's expertise in supporting delegated provider networks, focusing on improving patient outcomes and aligning incentives with value-based objectives [3]. Group 3: Growth and Impact - The Florida Oncology Network is operational immediately, with plans to expand its geographic footprint and patient reach throughout 2025 [4]. - As of 2025, TOI has signed agreements covering an additional 80,000 lives, including over 42,000 Medicare Advantage lives in Florida [4]. - The CEO of TOI expressed excitement about the network's launch and the rapid growth in capitated lives, indicating a strategic move to scale operations while meeting health plan partners' needs [5]. Group 4: Company Background - Founded in 2007, The Oncology Institute is focused on delivering specialized, value-based cancer care in community settings, serving over 1.8 million patients [5]. - The organization employs over 120 clinicians and has more than 700 team members across over 70 clinic locations [5]. Group 5: Provider Network Solutions Overview - Provider Network Solutions is a leader in specialty MSO and third-party administrative services, managing over 3.7 million member plans across Florida, Texas, and Puerto Rico [6]. - PNS aims to create a comprehensive value-based ecosystem for health plans and providers, ensuring high-quality patient care and operational efficiency [6].