Estimated reading time: 1 minute, 32 seconds
OneOncology to Hold First Electronic Negotiation Event December 11
OneOncology Inc., an oncology drug procurement solutions provider, has announced that it will hold its first live electronic negotiation event on Tuesday, December 11, 2007. The electronic negotiation event will enable qualified distributors to bid on more than $1 billion in committed annual drug purchases from hundreds of community oncologists throughout the United States.
OneOncology is an electronic trading hub that brings together oncology practices and pharmaceutical drug distributors in an efficient and impartial electronic marketplace. The trading hub uses real time reverse auction technology specifically designed for community oncology. The platform enables oncologists to build healthier practices and reduce administrative burdens while providing distributors equal and more cost-effective access to community oncology demand. Similar electronic trading hubs in industries such as chemicals and fuels have seen average price decreases between 3 and 35 percent.
OneOncology is an electronic trading hub that brings together oncology practices and pharmaceutical drug distributors in an efficient and impartial electronic marketplace. The trading hub uses real time reverse auction technology specifically designed for community oncology. The platform enables oncologists to build healthier practices and reduce administrative burdens while providing distributors equal and more cost-effective access to community oncology demand. Similar electronic trading hubs in industries such as chemicals and fuels have seen average price decreases between 3 and 35 percent.
“Setting an initial auction date is another major milestone for OneOncology and is a product of the support and trust community oncology has in our company, the hard work of our employees and our belief in transparency, visibility and unity in drug purchasing,” said Steven Kirchof, chief executive officer of OneOncology. “Our initial auction will be a first for community oncology and open the drug distribution process to highly qualified distributors, buying groups and GPO’s who have not previously been able to offer cancer drugs to community oncologists.”
There are no fees for oncology practices to join OneOncology. Practices can register for the first auction until December 1, 2007. Additional information can be found at www.OneOncology.com.
About OneOncology
OneOncology Inc. is a provider of drug procurement solutions to the oncology community. The company simplifies the oncology drug supply chain through its electronic negotiating technology platform that promotes impartial, transparent procurement. OneOncology, based in Orlando, Fla., is a privately held corporation led by an experienced and skilled management team.
www.OneOncology.com.
Most Read
-
-
Jan 07 2009
-
Written by News
Six Trial Implementations of the Nationwide Health Information Network (NHIN)…
-
-
-
Feb 16 2009
-
Written by Scott Koegler
Add us to your Safe Sender list: We want to…
-
-
-
Feb 18 2008
-
Written by Karen Corey
NextGen EMR (http://www.nextgen.com/) is a versatile, multi-module system that can…
-
-
-
Apr 30 2010
-
Written by Jennifer Flaten
Physicians frequently turn to clinical decision support software to help…
-