Did you know that the average cost of a patient no-show is $200? And, the average appointment lasts 30 minutes. This means that for every patient who doesn’t show up for their appointment, your practice is losing $400 in billable time. But, the cost of patient no-shows goes beyond lost revenue. 

The Hidden Costs of Patient No-Shows

In addition to lost revenue, patient no-shows also have a hidden opportunity cost. Every time a patient misses an appointment, that time could have been spent seeing another patient. This can lead to longer wait times for appointments and increased frustration for both patients and staff. 

Patient no-shows also hurt your practice’s bottom line. The American Academy of Family Physicians estimates that the direct cost of a missed primary care appointment is $130. When you factor in indirect costs, such as lost productivity and decreased staff morale, the total cost of a patient no-show rises to $203. 

While the cost of patient no-shows may seem like a small price to pay, the reality is that it can have a significant impact on your practice’s bottom line. In addition to lost revenue, patient no-shows also lead to longer wait times for appointments and increased frustration for both patients and staff. If you want to avoid the costly consequences of patient no-shows, consider using reliable medical transportation services in your area. Wheelchair transport in Florida can coordinate services for your clients with their appointment reminder system and coordinated transport network. Appointment reminder systems can help reduce the number of missed appointments by up to 50%. Reliable medical transport services increase on-time service, reduce patient anxiety, and improve medical practice revenue. 

Wheelchair Transport Florida – 833-345-4041 –  https://wheelchairflorida.com/