This document proposes a method for reducing speckle noise from medical ultrasound images using wavelet thresholding and anisotropic diffusion. It first takes the logarithm of noisy images to convert speckle noise from multiplicative to additive. It then applies median filtering, followed by wavelet denoising using soft thresholding of detail coefficients. Finally, it uses SRAD filtering to enhance contrast while retaining edges. The proposed method is tested on three images and is found to improve SNR and PSNR compared to other filters based on statistical measurements.