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. 2006 May;2(3):132–136. doi: 10.1200/jop.2006.2.3.132

Table 1.

Comparison of Selected Dimensions Between Community and Academic Oncology

Dimension Community Oncology Academic Oncology
Mission Patient care; running a successful business Multiple, including patient care, teaching, research, service
Governance Flat; usually a doctor-owned corporation with all owners equal; majority vote of shareholder settles an issue Hierarchical; multiple layers between physician and ultimate authority
Collegial relationships Referring doctors and specialists Referring doctors plus institutional partners and national collaborations
Finances
    Revenue Charges for patient care visits, chemotherapy drugs, chemotherapy administration; ancillary services such as laboratory tests, imaging, clinical trial income, and other sources possible Public and private grants, patient care, state support, philanthropy, and sometimes hospital; faculty practice plans may incorporate elements of private practice
    Expenses Employees, space, chemotherapy drugs, and business expenses Similar but (usually) without pharmaceuticals; services and space support shared with others at medical center
    Margin Apportioned among owners “Taxed” and shared at multiple levels to support the multiple missions
Reputation Local Local and national