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

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 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

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