AI-Assisted Scheduling - No Shows
Problem
The healthcare industry loses over $150 billion annually to appointment no-shows. Protecting even 1% of these lost appointments translates to $1.5 billion in recovered revenue. Current scheduling systems lack predictive intelligence to identify high-risk appointments or surface contextual patient information that could inform better booking decisions, double-booking strategies, or proactive confirmation outreach.
Solution
This solution includes 4 phases of development. One such phase introduces predictive analytics generating probability risk scores for patient no-shows based on historical attendance patterns and a set of contextual variables and weights. This intelligence surfaces during booking, helping practices make informed decisions about double-booking strategies or targeted patient outreach to ensure higher probability of attendance, thus protecting revenue.
Impact
Significantly, the predictive analytics component directly impacts revenue models. By identifying high-risk appointments and surfacing actionable patient insights, practices can implement strategic interventions to reduce no-shows, protecting slot utilization, and maximizing revenue potential for stakeholders.