What is a potential risk of inaccurate coding in healthcare billing?

Inaccurate coding in healthcare billing can lead to a delay in payments and claims denials, making this the correct choice. When coding errors occur, they can result in claims being submitted that do not accurately reflect the services provided. As a result, insurance companies may reject claims or delay payment as they require further clarification or corrections. This impacts the revenue cycle negatively, causing cash flow issues for healthcare providers. Coding accuracy is essential for ensuring that healthcare organizations receive timely reimbursement for the services rendered to patients.

The other options do not correlate directly with the consequences of inaccurate coding. Increased patient visits and higher patient retention rates are not typically a direct result of coding errors; rather, they reflect successful patient engagement and satisfaction. Additionally, inaccurate coding can actually lead to more administrative work, as staff must resolve denials and appeals rather than streamline billing processes.