Clark Love

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Asset-light vs. Asset-heavy Private Medical Practices

Posted by Clark Love on Jun 3, 2021 5:18:49 PM

Whether you are an administrator, owner, or someone who is involved in some way with the running of a medical practice, you are likely going to already know about both asset-light and asset-heavy medical practice designs.

If you are, however, unfamiliar with these terms, then knowing the difference between them can be extremely helpful in weighing up how to design a medical practice and where capital should be allocated.

An asset-heavy medical practice is one with a large amount of capital invested in equipment, the property and building where the practice is located, employees (with a large number of full-time employees), and essentially owns a wide range of assets that allow it to perform as many functions as possible.

An asset-light medical practice on the other hand is one that owns fewer fixed assets, with a minimized quantity of full-time employees that focuses more on using outsourcing vendors to provide patients with a full range of medical and diagnostic treatments.

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Topics: Urodynamics Testing, General Urology Information, Reimbursments, Reimbursment Trends, urodynamics staffing, hospital operations, clinical operations, urodynamics service provider, ObGyn Practices, urodynamics profitability, Medical Practice Operations, Urology Practice Trends

Why Don't Medical Practices Outsource More?

Posted by Clark Love on May 19, 2021 9:14:45 PM

For any USA-based medical practice, there is a wide range of benefits that comes with outsourcing. As the healthcare industry becomes more competitive, outsourcing non-core services can help practices improve patient experiences and outcomes while also helping to create additional revenue without the need for training their own staff or investing in expensive equipment and facilities, all of which is handled by the specialized healthcare professional who is outsourced to.

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Topics: Urodynamics Testing, BHN, Reimbursement, outsourcing diagnostics, Reimbursments, urodynamics equipment, urodynamics staffing, clinical operations, urology, urodynamics interpretation, urodynamics service provider, male urodynamics, urodynamics billing, ObGyn Practices, UroGynecology

The Complete Guide to Urodynamics Testing

Posted by Clark Love on Apr 22, 2021 5:30:30 PM

When it comes to diagnosing patients right the first time, urologists, obstetricians, gynecologists, and healthcare professionals who want to improve the services they offer to patients all need to have access to the right testing options for diagnosing specific issues. The same is true when it comes to monitoring the health of the lower urinary system, with urodynamics being the only testing option specifically designed to monitor patient urinary health.

 

What Is Urodynamics?

Urodynamics refers specifically to the study of how the bladder, urethra, and associated sphincters in the body do their job of storing and releasing urine. Urodynamic testing therefore refers to the set of tests that provide healthcare professionals with valuable information on the health and function of a patient’s urinary system.

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Topics: Urodynamics Testing, Reimbursement, outsourcing diagnostics, urodynamics, urodynamics equipment, urodynamics staffing, clinical operations, video urodynamics, urodynamics interpretation, urodynamics service provider, post-void residual, male urodynamics, Pediatric Urodynamics, Uroflowmetry, urodynamics catheters, UroGynecology

Rural Health Clinics (RHCs) Leveraging Urodynamics

Posted by Clark Love on Apr 12, 2021 6:47:28 PM

Urodynamic testing has the potential to provide health care professionals with much more detailed information on the health of their patient’s bladders, urethras, and their body’s ability to store and flush urine. Urodynamics, especially when used in rural health clinics, allows health care professionals to more accurately diagnose causes of urinary incontinence and other issues relating to the bladder and lower urinary system, making it a key service that needs to be integrated into RHC practices.

 

What Is Urodynamics?

Urodynamics along with urodynamic testing, in its simplest form, is the assessment of how the bladder, urethra, and associated sphincters do their job for storing and releasing urine from the body.

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Topics: Urodynamics Testing, BHN, Reimbursement, outsourcing diagnostics, urodynamics, urodynamics equipment, urodynamics training, Reimbursment Trends, urodynamics staffing, clinical operations, urodynamics service provider, urodynamics billing, Medical Practice Operations, Uroflowmetry

The Science of Urodynamics in 2021

Posted by Clark Love on Apr 6, 2021 7:07:31 PM

2020 and 2021 have shown that urodynamics continues to grow and find unique and novel applications for diagnosing health issues relating to the bladder, urethra, and more. Here we have outlined 4 of the most interesting studies of the past year in the world of urodynamics:

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Topics: urodynamics, urodynamics training, urodynamics staffing, incontinence, urodynamics interpretation, urodynamics service provider, Urology Practice Trends, UroGynecology

The Biden Administration's Impact On Healthcare, Private Practices, and Urology Practices

Posted by Clark Love on Apr 1, 2021 2:25:50 PM

On January 20th of this year, Joe Biden was sworn in as the United States of America’s 46th president. Like any new leader of a country, this change in the White House meant many different things for various people, businesses, and entire industries.

 

The new administration is a tremendous shift from the previous one, changing the nation’s landscape across the board.

 

No more are these changes evident than in healthcare. Biden and his administration’s approach - even at first glance - is a totally different beast than former President Trump’s. With that said, how will this impact private practices across the US?

 

This blog will explore the above question and then delve into urology practices, specifically.

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Topics: Reimbursments, urodynamics, finance, Reimbursment Trends, Reimbursement Trends, clinical operations, urology, urodynamics billing, Medical Practice Operations

Medical Devices: How Should Nurse Educator Services And Traditional Field Service Work Together?

Posted by Clark Love on Sep 25, 2019 8:02:33 PM

Providing an effective field service is one of the key responsibilities of medical device companies.

Traditionally, field service agents have been technical support staff with little to no background in medical sciences. Today, however, there is an increasing trend toward incorporating nursing staff, particularly nurse educators, in medical device field service.

Any industry thrives on customer satisfaction, and this applies equally to medical device companies. For medical device companies, customers are typically healthcare professionals who are fully satisfied only when they are able to use a device correctly and to its maximum efficacy, and can summon support to troubleshoot problems as soon as they crop up. Hence, the need for a reliable and readily available field service that can handle problems related to medical devices quickly.

What is expected from a traditional field service?

Field service is required after the sale of medical devices and field staff from the medical device company visit customer premises—usually a hospital or clinic—for this purpose. The general expectations from a field service are:

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Topics: Medical Practice Operations, Medical Device Field Service

How Nurse Educator Services Influence Medical Device Utilization Rates

Posted by Clark Love on Jul 12, 2019 8:04:22 PM

There has been a recent trend on the part of both pharmaceutical and medical device companies to employ nurses and then deploy them in the field in different roles to support their products—the products being drugs and devices, respectively. Given the clinical background and medical knowledge of nurses, this has been a win-win situation for everyone, including the end users of the products, such as patients and healthcare teams and professionals. For medical device companies that have overlooked the trend, it’s something that needs to be given some serious thought since nurse educator services can have a meaningful and lasting impact on medical device utilization rates.

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Topics: Brighter Health Network, urodynamics training, urodynamics staffing, ancillary services, urodynamics service provider

Urodynamics Equipment: Things to Consider and Reasons Not to Buy

Posted by Clark Love on Jun 19, 2019 5:53:41 PM

If you ended up on this blog post, you are probably thinking about buying urodynamic equipment or are evaluating purchasing options. If you are, I am going to lay out an argument for not buying it.  As with purchasing any medical equipment, there are many hidden pitfalls. I want to lay out some of these pitfalls and detail an alternative to buying urodynamics equipment.

 

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Topics: urodynamics interpretation, urodynamics service provider, urodynamics profitability, Medical Practice Operations

10 Ways to Improve Your Medical Device Field Service

Posted by Clark Love on Jun 12, 2019 7:03:27 PM

Providing top-notch medical device field service can sometimes feel like a logistical nightmare. The problems can seem too large to tackle, leaving you and your team in the proverbial “analysis paralysis”.

 

We've compiled a comprehensive list to assist you in improving your current service level and keep your customer satisfaction score at an all-time high:

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Topics: Medical Device Field Service, FSM

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