Company Description
The Oncology Institute, Inc. (traded on Nasdaq under common stock symbol TOI and redeemable warrants symbol TOIIW) is a healthcare company focused on oncology care. According to company disclosures, it operates in the health care and social assistance sector and is associated with the offices of physicians (except mental health specialists) industry. The company states that it is advancing oncology by delivering highly specialized, value-based cancer care in the community setting.
Founded in 2007, The Oncology Institute describes itself as one of the largest value-based oncology groups in the United States. Public materials indicate that it offers evidence-based cancer care to a population of approximately 1.9 million patients. Its care model includes access to clinical trials, transfusions, and other care delivery models that the company characterizes as traditionally associated with advanced care delivery organizations.
The company reports that it works with over 180 employed and affiliate clinicians and more than 100 clinics and affiliate locations of care across five states. Through this network, The Oncology Institute focuses on delivering cancer care in community settings rather than only in large academic or tertiary centers. The organization emphasizes value-based oncology, which in its communications is linked to efforts to improve outcomes and manage the total cost of care for patients and payors.
Business focus and segments
Based on the company’s own description, The Oncology Institute offers oncology services that span prevention, diagnosis, treatment, research, and education. A prior business description notes that its services include infusion centers, an in-house dispensary, outpatient blood transfusion, outpatient stem cell transplant, financial counseling, clinical trials, comprehensive lab testing, and end-of-life counseling. The company has identified three operating segments: dispensary, patient services, and clinical trials and others, and has indicated that key revenue is earned from providing patient services, with a majority of revenue from patient services.
More recent public communications highlight the importance of the dispensary and pharmacy activities within the overall business, with the company pointing to strong volumes in its dispensary segment and record performance in its retail pharmacy and dispensary operations. The Oncology Institute also references capitation revenue and delegated contracts in certain markets as part of its value-based care arrangements.
Value-based oncology and care delivery
The Oncology Institute repeatedly describes itself as a value-based oncology practice and a pioneer or leader in value-based community oncology care. In its public statements, the company links this approach to programs such as high value cancer care initiatives, health care coaching, and 24/7 symptom management support aimed at helping patients stay on treatment and avoid unnecessary emergency department visits and hospital admissions. The company has reported participation in the Centers for Medicare & Medicaid Services’ Enhancing Oncology Model through a California professional corporation and has disclosed achieving Medicare savings and high quality scores in that program.
The organization’s model of community-based oncology care is presented as combining access to advanced treatments, including clinical trials, with local delivery. In at least one market, The Oncology Institute has announced a disease-specific Center of Excellence, such as a Lung Cancer Center of Excellence in Florida, which it describes as providing access to advanced treatments and clinical trials in a community setting.
Geographic footprint and scale
The Oncology Institute states that it is headquartered in Cerritos, California. From this base, it reports operating over 100 clinics and affiliate locations of care across five states. The company’s public communications frequently reference growth in markets such as Florida and Oregon, and describe expansion of pharmacy locations and delegated contracts in certain regions. While specific state-by-state details may evolve, the company’s own descriptions emphasize a multi-state footprint and a growing network of community oncology sites.
Technology, operations, and partnerships
In its public updates, The Oncology Institute highlights the role of technology and operational efficiency in its care delivery platform. The company has discussed a technology-enabled care delivery platform and AI enablement efforts, including work on enterprise-level data privacy and security practices. It has also announced a co-development partnership with Ascertain, a healthcare technology company, to create AI-powered automation for administrative workflows related to payer interactions and prior authorizations.
According to joint announcements, this partnership centers on an AI-powered Unified Payer Portal that automates manual data entry, documentation submission, and payer portal navigation for outpatient oncology visits. The Oncology Institute reports that this system has been deployed across its clinics and affiliate locations, with the goal of reducing administrative workload and allowing staff to devote more time to direct patient care.
Corporate structure and securities
The Oncology Institute, Inc. files reports with the U.S. Securities and Exchange Commission and lists its common stock and redeemable warrants on The Nasdaq Stock Market LLC. The common stock trades under the symbol TOI, and the redeemable warrants, each whole warrant exercisable for one share of common stock at an exercise price of $11.50 per share, trade under the symbol TOIIW. The company has identified itself as an emerging growth company in certain SEC filings.
Investors interested in TOIIW are dealing with the company’s redeemable warrants rather than its common stock. Information about the company’s operations, financial condition, and governance is provided in its SEC filings, including current reports on Form 8-K, annual reports on Form 10-K, and other periodic and current disclosures.
Clinical programs and quality initiatives
In addition to its general oncology services, The Oncology Institute has described specific programs designed to support patients throughout their cancer journey. Public communications reference a High Value Cancer Care program that uses health care coaches and around-the-clock symptom management support. The company links these programs to reductions in avoidable emergency department visits and hospital admissions, as well as to performance in federal oncology payment models.
The Oncology Institute also emphasizes access to clinical trials as part of its offering, positioning trials alongside transfusions and other advanced care delivery models within its community-based network. In certain markets, the company has highlighted disease-focused centers, such as a lung cancer-focused center, as part of its effort to combine specialized expertise with local access.
Position within the oncology landscape
Across multiple press releases, The Oncology Institute characterizes itself as one of the largest value-based oncology groups or practices in the United States and as a pioneer in value-based community oncology care. It presents its mission as expanding access to high-quality, evidence-based, and cost-effective cancer care in community settings, with an emphasis on both clinical outcomes and financial sustainability for patients and payors.
FAQs about The Oncology Institute, Inc. (TOIIW)
- What does The Oncology Institute, Inc. do?
The Oncology Institute, Inc. focuses on oncology care in the community setting. The company describes its services as encompassing cancer prevention, diagnosis, treatment, research, and education, with offerings that include infusion centers, an in-house dispensary, outpatient transfusions, clinical trials, and related support services. - How is The Oncology Institute involved in value-based oncology?
The company repeatedly describes itself as a value-based oncology group or practice and a pioneer in value-based community oncology care. It links this approach to programs that aim to reduce avoidable emergency department visits and hospital admissions, participation in federal oncology payment models, and delegated or capitated arrangements with payors in certain markets. - Where is The Oncology Institute headquartered?
According to its SEC filings, The Oncology Institute, Inc. lists its principal offices in Cerritos, California. - What are the main business segments of The Oncology Institute?
A prior business description identifies three operating segments: dispensary, patient services, and clinical trials and others. The company has indicated that key revenue is earned from providing patient services, with a majority of revenue from patient services. - How extensive is The Oncology Institute’s clinical network?
Public statements from the company note that it works with over 180 employed and affiliate clinicians and more than 100 clinics and affiliate locations of care across five states, serving a population of approximately 1.9 million patients. - What is TOIIW in relation to The Oncology Institute?
TOIIW is the Nasdaq trading symbol for The Oncology Institute’s redeemable warrants. Each whole warrant is exercisable for one share of the company’s common stock at an exercise price of $11.50 per share, as described in SEC filings. - How does The Oncology Institute use technology in its operations?
The company has highlighted a technology-enabled care delivery platform and AI enablement efforts. It has also announced a partnership with Ascertain to co-develop AI-powered automation for administrative workflows, including prior authorization processes related to outpatient oncology visits. - What role do clinical trials play in The Oncology Institute’s care model?
The Oncology Institute states that it offers access to clinical trials as part of its evidence-based cancer care. Clinical trials are included among the care delivery models that the company associates with advanced care organizations but delivers in community settings. - How does The Oncology Institute participate in federal oncology payment models?
The company has reported participation in the Centers for Medicare & Medicaid Services’ Enhancing Oncology Model through a California professional corporation. It has disclosed achieving Medicare savings and high quality scores, including maximum points on avoidable emergency department visits and admissions, in one performance period. - Is The Oncology Institute still listed on Nasdaq?
Recent SEC filings identify The Oncology Institute’s common stock (TOI) and redeemable warrants (TOIIW) as listed on The Nasdaq Stock Market LLC. There is no indication in the provided materials of a delisting.