What is a consequence of not participating in continuing education for billing practices?

Not participating in continuing education for billing practices can lead to an increased risk of billing inaccuracies. Continuing education helps professionals stay updated with the latest coding guidelines, billing regulations, and changes in insurance policies. These elements are crucial, as the healthcare billing environment is dynamic and frequently evolves due to new laws, technology advancements, and updates in insurance requirements.

When practitioners do not engage in ongoing training, they may rely on outdated knowledge and methods, increasing the likelihood of errors in claims submissions. Such inaccuracies can result in denied claims, delayed payments, and potential financial losses for healthcare providers. Therefore, staying informed through continuing education is essential for maintaining accuracy in billing practices and preventing these risks.