OB-GYN Accounting

Your P&L swings $100K month to month. That is not normal. That is bad OB accounting.

Global OB packages, malpractice costs, Medicaid mix. OB-GYN accounting has complexity that most firms just average out. We break it down.

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At a glance

Investment$3,000–$4,000/mo
Contract1-year, billed monthly
Setup$3,000–$9,000 onboarding
IncludesOB/GYN service line P&Ls, malpractice tracking, procedure analysis

Is This Right for You?

This service is for OB-GYN practice owners who recognize these problems:

Global OB billing packages bundle 10 months of care into one payment and your monthly P&L swings wildly because revenue recognition is off
Malpractice insurance is $100K+ per year and you have no visibility into whether your per-provider revenue justifies the cost
Your practice does both OB and GYN but you cannot tell which side is more profitable because the financials are combined
Medicaid is 25% of your patients and the reimbursement barely covers your costs. But you are not sure because nobody has done the math
In-office procedures (colposcopy, IUD insertion, endometrial biopsy) should add revenue but you do not know the margin after supplies and time

Need strategic financial leadership? Our Fractional CFO service for OB-GYN practices may be a better fit.

What's Included

How We Work With OB-GYN Practices

OB-GYN-specific accounting that goes beyond reconciliation.

01

OB Global Package Accounting

  • Global OB fee revenue recognition methodology
  • Antepartum visit tracking and unbundled billing identification
  • Delivery revenue and cost analysis (vaginal vs C-section)
  • Postpartum visit reconciliation
02

OB vs GYN Service Line Separation

  • Separate P&Ls for obstetric and gynecologic services
  • Malpractice cost allocation between OB and GYN
  • Provider time allocation analysis
  • Revenue per provider per service line
03

Malpractice & Risk Cost Tracking

  • Per-provider malpractice cost analysis
  • Malpractice cost as percentage of OB revenue
  • Risk reserve planning and tail coverage costs
04

In-Office Procedure Economics

  • Per-procedure margin analysis (colposcopy, IUD, LEEP, biopsy)
  • Supply cost tracking for in-office procedures
  • Procedure volume and revenue trending

Results

What OB-GYN Practices Experience

MetricTypical Outcome
Revenue recognition fixStable monthly P&Ls enabling $295K in previously deferred investment decisions
In-office procedure capture$72,000 annual revenue recovered from charge capture corrections
Payer strategyMedicaid volume capped and commercial patient recruitment increased, improving average revenue per visit by 8%

Case Study

See The System In Action

4-physician OB-GYN practice, two locations, delivering 600 babies per year. Revenue was $3.8M but profit had dropped from 22% to 13% over four years. The physicians blamed declining reimbursements and rising malpractice costs, but the root causes were more varied.

What we found:

  • Global OB revenue recognition was causing monthly P&L swings of $80K to $120K. The accounting methodology had never been updated for the practice's volume, making financial reporting unreliable for management decisions
  • Malpractice costs were $520K annually ($130K per physician) but OB services contributed only 38% of revenue. The GYN side was effectively subsidizing OB's liability costs without any visibility
  • In-office GYN procedures (IUD insertions, colposcopies, biopsies) were performed 1,400 times per year but charges were missed on 18% of procedures. That is $72K in lost annual revenue
  • Medicaid patients (27% of volume) were generating a negative margin after fully loaded costs. The practice was losing $14 per Medicaid visit but had never calculated this

The results

Stable monthly P&Ls enabling $295K in previously deferred investment decisions

Revenue recognition fix

$72,000 annual revenue recovered from charge capture corrections

In-office procedure capture

Medicaid volume capped and commercial patient recruitment increased, improving average revenue per visit by 8%

Payer strategy

We had no idea our Medicaid patients were costing us money. Not breaking even — actually losing money on every visit. That changed how we think about our schedule.

Managing Partner, Southeast

Common Questions About Accounting for OB-GYN Practices

Don't pay for reports. Pay for progress.

Take the 4-minute financial assessment—and find out if your books are helping or hurting your OB-GYN practice.

Take the Free Financial Assessment →

The test your accountant hopes you skip.