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Practice Management Q&As

Q. As a solo practitioner, must I employ an answering service to take calls when the office is closed? Would an answering machine that directs calls to my pager or cell phone be sufficient?

Like many of my colleagues, you may be investing in an electronic medical record system in the near future. An essential aspect of this process is the development of a request for proposal (RFP), a checklist of your needs that will help determine which system is best for you.

Two significant trends are having an impact on most urology practices today. First, most practices, including my own, are experiencing a decrease in reimbursement and rising overhead expenses. This ultimately translates to a decrease in net income.

The major intent of bankruptcy reform is to require people who can well afford to make some payments toward their debt do so, while still affording them the right to have the rest of their debt erased.

Washington--A controversy is brewing over whether Medicare should pay for erectile dysfunction drugs, which boiled over in the midst of heated discussions over the cost of the new Medicare drug benefit. Now estimated at $720 billion, the expected cost of the program is nearly double the government's original 2003 projections.

[Unit investment trusts] differ from mutual funds in that they are a collection of specific stocks or bonds not actively managed once they are purchased as an investment.

Mumbai, India—More and more urologists are investing in heat-based treatment systems for BPH, and Thayne Larson, MD, a staff member with the Institute of Medical Research in Scottsdale, AZ, wants to make sure they're being smart shoppers.