Electronic network simplifies oncology drug procurement

An electronic negotiating network for the oncology community was recently unveiled. OneOncology, a reverse-auction platform, simplifies the oncology drug supply chain, enabling oncologists to build healthier practices and reduce administrative burdens, while providing distributors equal and more cost-effective access to community oncology demand. The benefits OneOncology brings to community oncology practices include: lowering costs by letting the open market set drug prices through a completely transparent negotiation that ensures the lowest possible price on a product line-item basis; freeing up staff time spent on drug shopping, drug ordering, and administrative tasks; and eliminating market basket and bundled contracts to give physicians greater freedom of choice in making treatment decisions and optimizing therapies. OneOncology will open registration for community oncology practices and the drug distributor network in mid-June; preregistrations are currently being accepted. More information can be found at