Accuray Educates Radiation Oncology Practices on the Potential Impact of the Proposed Alternative Payment Model (RO-APM)
Accuray Educates Radiation Oncology Practices on the Potential Impact of the Proposed Alternative Payment Model (RO-APM) |
[19-September-2019] |
SUNNYVALE, Calif., Sept. 19, 2019 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today published an informational guide designed to help radiation oncology practices understand the complexities of the much-anticipated proposed Medicare & Medicaid reimbursement changes. The new guide — available at www.accuray.com/apm/ — serves as an informational tool for healthcare providers who find themselves balancing their desire to invest in improved patient treatment technologies with the disruptiveness of a new billing model. Titled, "Thriving Under the Radiation Oncology Alternative Payment Model: A Definitive Guide to a New Reality," the guide aims to help radiation oncology professionals understand the changes outlined in the Radiation Oncology – Alternative Payment Model (RO-APM).
"We believe that the proposed alternative payment model will reshape economic realities and evolve clinical best practices for radiation oncologists," said Joshua H. Levine, President and Chief Executive Officer of Accuray. "Accuray technologies uniquely empower the clinical capabilities necessary to thrive under the proposed reimbursement changes. We are ready to help our customers understand how the RO-APM will likely impact the use of our products in their practices." The July 2019 announcement of the RO-APM outlined a progressive course toward value-based care, shifting reimbursement to prospective, episode-based payments and providing equal base-rate compensation at the tumor-site-specific level — regardless of technique or modality, number of fractions delivered or setting of care. Among the immediately evident impacts, the episodic payment model aligns patient, provider and payer interests with a shift to delivering hypofractionated radiotherapy wherever clinically appropriate — which should firmly establish hypofractionation as an essential treatment modality. "Growing evidence demonstrates hypofractionation as a proven treatment modality that delivers clinical outcomes as good as conventional fractionation while dramatically reducing the number of treatments — and dramatically lowering the total cost of care," said Levine. "As both the pioneer and the continued innovation leader in hypofractionation, Accuray provides an unmatched set of tools developed specifically to give radiation oncologists the confidence they need to deliver safe, efficient and effective hypofractionated treatments to their patients." Accuray innovations in hypofractionated radiotherapy include two of the most accurate and precise treatment delivery systems in the industry — the CyberKnife® and Radixact® Systems — capable of delivering hypofractionated SBRT treatments to targets anywhere in the body. Sophisticated dose-sculpting capabilities enable clinicians to create treatment plans with significantly smaller margins and sharper dose gradients. Accuray Synchrony® technology provides the industry's only fully integrated motion synchronization solution, automatically and precisely synchronizing treatment delivery with real-time target motion. "Accuray technologies are designed to provide clinicians with the resources they need to achieve both their clinical efficacy and ROI goals. With the proposed new payment model, we believe that hypofractionated treatments will provide an increasingly important means of accomplishing these goals," said Birgit Fleurent, Chief Marketing Officer of Accuray. "The CyberKnife and Radixact Systems offer a unique combination of capabilities such as dose-sculpting, multi-angle delivery and motion synchronization, that make it easier to successfully deliver hypofractionated treatments — a process necessitating an extremely high degree of precision and accuracy. Clinicians can feel confident they will be able to optimize patient care during all stages of the treatment journey." Important Safety Information About Accuray Safe Harbor Statement Forward-looking statements speak only as of the date the statements are made and are based on information available to the company at the time those statements are made and/or management's good faith belief as of that time with respect to future events. The company assumes no obligation to update forward-looking statements to reflect actual performance or results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable securities laws. Accordingly, investors should not put undue reliance on any forward-looking statements. Media Contacts Jayme Maniatis View original content to download multimedia:http://www.prnewswire.com/news-releases/accuray-educates-radiation-oncology-practices-on-the-potential-impact-of-the-proposed-alternative-payment-model-roapm-300921062.html SOURCE Accuray Incorporated | ||
Company Codes: NASDAQ-NMS:ARAY |
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