Showing posts with label outpatient surgery cancellations. Show all posts
Showing posts with label outpatient surgery cancellations. Show all posts

Tuesday, October 16, 2012

Cost of Canceled Outpatient Surgeries Can Climb Into Millions

In an article published by Outpatient Surgery Magazine, "Cost of Canceled Outpatient Surgeries Can Climb Into Millions.
  • A study was done at Tulane University highlighting the cost of cancelled outpatient surgeries.
  • The study found that 327 (6.7%) of the facility's 4,876 scheduled elective outpatient surgeries were canceled in 2009, which cost the hospital nearly $1 million in revenue over that 12-month span.

According to the article, the following were reasons why patients canceled their surgeries:
  • No-shows were a common cause of cancellations
  • Patient Transportation issues
  • Uncertainty regarding the date of the procedure
  • Forgetting about the appointment
  • Lack of available beds or equipment
The study also found that: 
  • The cancellations varied by specialty
  • Improving equipment and resources and increasing efficiency help reduce the likelihood of having to cancel surgeries
To download the article, please go to the following link: Cost of Canceled Outpatient Surgeries
For additional billing and coding resources, please click the following link: Medical Reimbursement, Inc. Resources