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2006 proposed fee schedule - American Society of Clinical Oncology

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interest) would necessarily have a significant economic<br />

356<br />

effect. However, we assume, that, at least from an economic<br />

standpoint, most physicians invest in entities because they<br />

are income producing. If an investment is successful, a<br />

physician may have little difficulty finding new investors<br />

willing to take over the physician's investment. The<br />

physician, in turn, can then invest the monies received in<br />

some other investment. We believe the cost <strong>of</strong> divestiture<br />

will vary from situation to situation.<br />

We also do not believe that beneficiary access to<br />

medically necessary nuclear medicine services would be<br />

threatened simply because most physician ownership <strong>of</strong><br />

entities that furnish nuclear medicine services would be<br />

prohibited. As indicated above, we see no reason why<br />

medically necessary nuclear medicine services could not be<br />

furnished by entities owned by those not in a position to<br />

refer such services.<br />

We expect that this <strong>proposed</strong> rule may result in savings<br />

to both the Medicare and Medicaid programs by minimizing<br />

anti-competitive business arrangements as well as financial<br />

incentives that encourage over-utilization <strong>of</strong> costly nuclear<br />

medicine services. (See David Armstrong, “MRI and CT<br />

Centers Offer Doctors Way to Pr<strong>of</strong>it on Scans,” Wall Street<br />

Journal, May 2, 2005, et al.) We cannot gauge with any

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