The cost of patient no-shows can be steep, both for your practice’s bottom line and for your patients’ health. Unfortunately, no-show rates can be shockingly high. One study estimated that patient no-shows range from 23 percent to 34 percent of all appointments per year.
Administrative costs are a growing goliath in the American healthcare industry. This year, 30 percent of all healthcare costs will be administrative in nature, from billing to coding, schedule keeping, wrangling with insurance providers, maintaining patient relations, and all the rest of your medical practice’s day-to-day operations.
Barbara Bracken, the office manager of Asthma & Allergy Physicians of Rhode Island, oversees a vibrant clinic spread across four locations in America’s most diminutive state. To say the least, she’s a master of coordination and organization, thanks in part to Luma Health assisting her in her daily responsibilities.
Healthcare Hot Takes is Luma Health’s monthly rundown of healthcare innovations happening right now. Check out what the industry is thinking, reading, doing.
We've just published the list of product updates that went live in Luma Health over the last month. Here are a few quick highlights from March: