Practice Management

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Looking at your practice's monthly finances, focusing on big expenses, and wondering how you can cut them is a response typical among urologists concerned with a shrinking bottom line.

Washington-Changes in federal policy that could hinder urologists' ability to provide in-office imaging services to patients appear to be on the way, threatening to toss another punch at physicians already confronting hefty Medicare fee schedule reductions in 2007.

Managers and the billing departments of most urology practices strive to get the money off the books and into the bank, but managing accounts receivable continues to be a daunting task that absorbs a fair amount of resources. This article offers a few practical tips that will make managing accounts receivable a lot easier.

National Report-With another year of Medicare payment cuts looming in 2007, declining reimbursement is no surprise as the number one current concern among practicing urologists, according to an exclusive survey from Urology Times and its sister publication, Contemporary Urology. Changes in reimbursement are followed closely by malpractice, office overhead, pay for performance, and increasing regulations as the top five issues that urologists are extremely or very concerned about, the first State of the Specialty survey found.

It is not enough to maintain control over the profitability of your practice. In order to gain control, you need to know the cost of each procedure you perform in the office, the reimbursement from each of your payers, and the profit margin for each service you offer your patients.

Atlanta-Undiagnosed urinary incontinence may occur in up to half of adult women age 25 to 80 years, according to a survey sent to patients at Kaiser Permanente Northwest Health Maintenance Organization, Portland, OR.

Atlanta-Results of a Medicare claims analysis of women undergoing a sling procedure for stress urinary incontinence have revealed a significant variation between gynecologists and urologists in their approach to patient evaluation and the outcomes after surgery. However, further study is needed to understand the factors underlying those differences, researchers from UCLA said at the AUA annual meeting here.