How can pediatric practices handle the financial implications of patient no-shows?
Patient no-shows can have a detrimental effect on revenue. To handle this, practices can implement several strategies:
1. Appointment Reminders: Automated reminder systems via texts, calls, or emails can reduce no-show rates. 2. Cancellation Policies: Establishing and enforcing a cancellation policy can discourage last-minute cancellations. 3. Overbooking: Carefully overbooking appointments can balance out the potential losses from no-shows without overwhelming the staff.
