Every 60-minute open or no-show appointment slot costs a physician $200!*
From lost time to lost revenue, missed appointments have become a burden to healthcare professionals and the healthcare revenue cycle. In fact, did you know that missed appointments cost the U.S. healthcare industry a whopping $150 billion each year? Plus, missed appointments can cost individual practices between $100 - $1,000, depending on the practice's location and specialty.
While it’s unrealistic to think that your practice can eliminate no-shows completely, there are a few things that you can do to drastically reduce your no-shows.
To help you out, we created a list of six things that your practice can do to reduce no-shows. Fill out the form on this page to get the free list!
Impact Of Missed Appointments
- Drains your practice's bottom line
- Patients don't get the care they need
- Your staff loses valuable time that could have been spent on another patients or other duties
Why Patients Miss Appointments
- Costs - many patients don't understand the costs or believe that the costs are too high
- Transportation issues - roughly 3.6 million Americans miss appointments each year due to some sort of transportation issue
- Fear - most people simply fear going to the doctor
- Time - other work, family and personal commitments often take precedence over personal health
- Slips their minds - many patients just simply forget about appointments, resulting in a no-show
Overall, missed appointments disrupt continuity and they also compromise the quality of care for the patients who miss the appointments and for patients who would have been scheduled in those appointment time slots.
So, now that you have a better understanding of the impact missed appointments can have on your practice and why patients are missing appointments, it's time for you to take action. Come up with a game plan on how you can reduce the number of no-shows at your practice. Our no-show checklist can help you with that and provide you with guidance.
*Source: SCI Solutions Report