Medicare Compliance & Reimbursement

Collect your lost reimbursement while remaining compliant.When missed appointments happen, your practice needs to offset the cost since every dollar and every minute count. You can start collecting a fee for no-show appointments, so your practice avoids a significant reimbursement loss. Just keep in mind that flexibility is the key, as every missed appointment is not willful. Emergencies happen. Follow these four expert tips to ensure you are implementing a solid plan that will offset your losses.1. Decide If a No-Show Fee Works for Your PracticeThe purpose of a no-show policy is to notify your patients of a possible financial penalty for failure to cancel a scheduled appointment. Missed appointments have an impact on the physician's schedule or the physician's availability to other patients, and can also pose a health risk to the patient.No-show appointments cost the practice real dollars, experts say. But deciding what to do about it depends [...]