Advanced Search

Practice Management Alert

Stop Letting No-Shows Drain Your Practice Reimbursement

Published on Tue Apr 21, 2009

One key is knowing which of your payers let you charge no-show fees. With increasing deductibles, unemployment jumps, and the current economy affecting patients abilities to pay for services, you may be seeing more patients canceling appointments or simply not showing up. If you dont collect for no-show appointments when youre allowed, your practice could see a significant reimbursement loss. Follow these expert tips to ensure you make the most of a potentially negative situation. Develop a Set No-Show Policy The 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 physicians schedule or the physicians availability to other patients, and can also pose a health risk to the patient. No show appointments cost the practice real dollars, says Nicole Martin, CPC,owner of Innovative Coding Analysis in Coplay, Penn. If you [...]
You’ve reached your limit of free articles. Already a subscriber? Log in.
Not a subscriber? Subscribe today to continue reading this article. Plus, you’ll get:
  • Simple explanations of current healthcare regulations and payer programs
  • Real-world reporting scenarios solved by our expert coders
  • Industry news, such as MAC and RAC activities, the OIG Work Plan, and CERT reports
  • Instant access to every article ever published in your eNewsletter
  • 6 annual AAPC-approved CEUs*
  • The latest updates for CPT®, ICD-10-CM, HCPCS Level II, NCCI edits, modifiers, compliance, technology, practice management, and more
*CEUs available with select eNewsletters.

Other Articles in this issue of

Practice Management Alert

View All