Oncologists Industry Overview

Excerpt from Oncologists Report

Companies in this industry engage in the medical practice of diagnosing and treating cancer. Major companies include Dana-Farber Cancer Institute, Memorial Sloan-Kettering Cancer Center, MD Anderson Cancer Center, and US Oncology, a division of drug distribution giant McKesson.

Competitive Landscape

Demand for oncologists is driven by the number of people being treated for cancer. Profitability depends on patient volume, insurance reimbursement, and operational efficiency. Large organizations have economies of scale in purchasing and access to more nurse practitioners and physician assistants.

Products, Operations & Technology

Oncologists diagnose and treat tumors, perform surgery, track patients in remission, provide medical support to terminally ill patients, and research causes and treatments of cancer. In addition to revenue from diagnosis and disease management, a significant portion of industry revenue comes from the sale of pharmaceuticals. Revenue is also generated from laboratory and image testing fees.