What could be a consequence of inaccurate coding and incorrect billing?

Inaccurate coding and incorrect billing can lead to significant delays in the processing and payment of claims. When codes do not accurately reflect the services provided, it often results in claims being flagged for review or being sent back for corrections. This not only slows down the claim approval process but may also lead to additional audits or investigations to understand the discrepancies, further prolonging payment timelines.

Timely and accurate billing is essential for the efficient operation of healthcare practices and facilities. Any mistakes in this process can disrupt cash flow, strain resources, and affect overall organizational efficiency. Therefore, recognizing the consequences of such errors, particularly the likelihood of delayed processing and payment of claims, is crucial for healthcare providers to ensure a smooth revenue cycle.