Practice mergers: Steps to a smooth transaction
The United States is witnessing a consolidation of physicians into groups, and urology is no exception. AUA estimates that only 22% of its members in 2006 are in solo practice (down from 48% in 2003).
Editor's note: This issue of Urology Times introduces Robert A. Dowling, MD, as the new co-author of the monthly "Bottom Line" column.
New urologists, who are usually just out of residency or fellowship, are typically employed for 3 years at a predetermined salary structure based on national and regional benchmarks for urologists. After the 3-year employment period, the physician is evaluated for partnership.
This graduated partnership track replaces the lump sum "buy in" that has characterized the path to partnership in traditional medical groups in the past, which can generate resistance from the new partners because of the hefty buy-in amounts.
Potential code for prior authorizations on AMA CPT Editorial Panel meeting agenda
March 28th 2024"Good public and economic policy must align costs, benefits, and incentives; currently, all costs are incurred by physician practices, and all financial savings and benefits from prior authorization accrue to health insurance plans, leading to perverse incentives,” says Alex Shteynshlyuger, MD.
How to code for removal of a bladder calculus via a Mitrofanoff
March 22nd 2024"Per CPT coding instructions, when procedures or services performed by physicians do not have a valid or descriptive CPT or Healthcare Common Procedure Coding System (HCPCS) code, the service should be reported using an unlisted code," write Jonathan Rubenstein, MD, and Mark Painter.
