US Oncology, Inc.

US Oncology, Inc., based in Houston, Texas, is the result of a corporate merger formed by American Oncology Associates (AOR) and Physicians Reliance Network (PRN). This company represents approximately 1,000 physicians in the United States who specialize in cancer care treatment and research. US Oncology’s real estate portfolio consists of approximately 500 locations, including leased, owned and timeshare properties.

Challenges

Following the merger of AOR and PRN, US Oncology needed a single source of real estate information that provided dynamic online reporting capabilities for the combined organization’s real estate portfolio. Neither company’s system was technologically advanced enough to absorb the other company’s information. The goal was to provide a contract management system with lease administration processes and portfolio reporting capabilities.

Solutions

NorthMarq gathered information from both companies and streamlined the real estate information into a single, web-based reporting system. Tracking specific information for each location provided a more complete understanding of this sizable portfolio. By outsourcing this task to NorthMarq, US Oncology was able to focus on its core business while gaining the ability to make better informed real estate decisions.

NorthMarq provided US Oncology with their first all-inclusive online real estate information and reporting tool. By providing lease administration, finance reporting, desktop CAM audits and customized real estate reports, NorthMarq’s Contract Management team adds value each day to US Oncology’s real estate, finance, risk management, legal and accounts payable departments.