In doing some deeper analysis on data in the US and abroad, we looked more closely at the percentage of patients that show up for their consultation appointments (i.e. the show up rate) and the percentage of consultations that actually start treatment (i.e. the batting average).
Intuitively, we would guess that certain events would cause a patient to be more or less likely to show up for his or her appointment and then sign a contract after going through a consultation. Specifically, if a patient calls for a consultation appointment and is scheduled to be seen that same day, the chances of that patient showing up are much greater than if the patient’s appointment got scheduled 6 months from the date of the call. Pretty simple, right? If you make someone wait 6 months for an appointment, they will probably find another provider. Even if you are a major star in the industry, folks want to get started when they want to get started.
But exactly how quickly do things drop off when it comes to the time a patient has to wait for a new patient appointment. Like banana left in the refrigerator, things tend to go downhill pretty fast. Here are some specifics: