Revolutionizing Cancer Care: EOM's Second Wind and its Current Impact on Community Oncology Practices

Article

Revolutionizing Cancer Care: EOM's Second Wind and its Current Impact on Community Oncology Practices

October 08, 2024
Authors
Topics

The second Enhancing Oncology Model (EOM) application cycle closed on September 16, signaling shifts in community oncology. Explore our 2024 Community Oncology Report to understand EOM’s current impact and changes from this round.

Figure 1: EOM Impact on Community Oncology Practice Performance, N = 24* *Adapted from “2024 Community Oncology Trend Report” from HMP Market Access Insights.

Enhancing Oncology Care Model (EOM) Second Application Cycle

In July 2023, the Centers for Medicare & Medicaid services (CMS) overhauled its oncology value-based care model, instituting the Enhancing Oncology Model (EOM) as a replacement for the Oncology Care Model (OCM) that expired in 2022.  Only 41 community oncology practices participated in EOM’s first cohort—a significant decrease from the 122 participants under OCM. In response, CMS created a second EOM application round and instituted several reforms to drive participation and improve the model's effectiveness.

The second round of EOM applications closed on September 16, 2024, and came with several enhancements, including:

  • Increasing the Monthly Enhanced Oncology Services (MEOS) payment from $70 to $110 per beneficiary per month, and from $100 to $140 for dual eligible patients.
  • Increasing the recoupment threshold each EOM participant pays to CMS from 98% of the benchmark amount to 100% of the benchmark amount. This saves practices from having to pay CMS for episodes of care where total case costs are less than the benchmark amount.  

How is EOM Currently Shaping Community Oncology Practices?

Thus far, EOM has led to modest changes in participating community oncology practices (Figure 1); in part this is due to many EOM participants implementing changes during their prior experience in OCM.

  • Over 50% of surveyed community oncology practices participating in EOM found it has had a positive impact on improving patient care services.
  • However, less than 40% of these practices reported that EOM required re-engineering their internal processes or improved communication and collaboration.

What’s Next for EOM?

As the second round of EOM progresses, MAI anticipates additional practices joining the initiative. However, the full scope of patient and provider outcomes remains to be seen.

  • Increased practice participation will likely yield more support and wraparound patient services.
  • However, further transformation of practice operations that simultaneously enhance quality of care and reduce costs may be more elusive.

For deeper insights into EOM’s impact on community oncology practices and manufacturer considerations, explore our 2024 Community Oncology Report.

Please don’t hesitate to reach out if you have any questions, I would love to hear from you! I can be reached at asheth@hmpglobal.com

The Latest

Our 2024-2025 Oncology Clinical Pathways Report, set for release in December, will provide insights into the most impactful pathways and key factors manufacturers should assess as the oncology pathways landscape continues to evolve.
Article
Unlocking Oncology Pathway Impact: Beyond Lives Covered to Real Prescribing Influence

As Oncology pathway programs continue to become more prominent in the marketplace, manufacturers are being challenged to assess how influential a specific pathway is.

Daniel Buchenberger
Podcast
Community Oncology Practice Economics - Podcast Part 3 of 3

In the final part of this 3-part podcast series, HMP Executive Vice President Lee Blansett and special guest John Hennessy—health system, provider and oncology strategist—explore emerging models for success in oncology practice economics.

Lee Blansett
Bispecific Antibodies: A Balancing Act of Promise and Complexity
Article
Bispecific Antibodies: A Balancing Act of Promise and Complexity

Bispecific antibodies have emerged with great promise, but adoption has been slower than expected. This was a key topic discussed by a panel of 5 experts at the October 2024 Association for Value-Based Cancer Care (AVBCC) conference.

Chris Van Denburg