Solving Late Cancellations and No-Shows in Physical Therapy Without Penalizing Patients
Sangwon Lim
Founder @ PhyxUp Health | Empowering PTs with Remote Therapeutic Monitoring (RTM) to drive revenue & improve patient outcomes | Harvard Alum
Late cancellations and no-shows are common in physical therapy practices and can result in significant revenue loss. Some clinics charge patients fees, sometimes as high as $100 per missed appointment to compensate. While this may recover lost revenue, it can also create patient tension and dissatisfaction. Is there a way to address this issue without financial penalties?
A Better Solution: Remote Therapeutic Monitoring (RTM)
Remote Therapeutic Monitoring (RTM) offers an effective, patient-friendly alternative. Instead of penalizing patients, clinics can use RTM to provide valuable remote services during missed appointments. Here’s how it works:
领英推荐
A Win-Win Approach
Instead of relying on penalties, physical therapy practices can implement RTM to keep patients engaged while securing revenue. It’s a strategy that benefits both the patient and the clinic, creating a supportive environment that encourages consistency and care continuity.
Final Thoughts
RTM is a straightforward, effective solution to the common issue of no-shows and cancellations in outpatient physical therapy. It keeps the practice’s revenue steady while ensuring patients get the care they need without extra costs. For clinics looking to enhance patient retention and revenue through Remote Therapeutic Monitoring solutions, integrating RTM into their practice is a smart, patient-centric choice.