The purpose of this discussion is to examine how to calculate and analyze practice management ratios.

Follow the three-step plan

1. Read:Discussion Background

During your weekly meeting with Dr. Jones, he expressed his concerns regarding the decline in patient appointments, due to no-show's and is worried about how this will impact practice revenue. He would like for you to research the percentage of no-show's the practice currently has and come up with a plan to help reduce and manage no-show's in the practice.

answer all three parts of the initial prompt below

1. Identify the ratio you would use to find out how the no-show's affect the practice. Explain why. ( examples, liquidity ratios, current ratio, quick ratio, Solvency Ratio: Debt-to-Net-Worth Ratio)
2. In your own words, what measures can be taken to reduce no-show's in the medical practice.
3. Now that you identified how the no-show's affect the practice, list ways you can implement to increase patient revenue.