What can be a consequence of failing to secure authorization in a timely manner?

Failing to secure authorization in a timely manner primarily leads to delayed claims processing. When authorizations are not obtained promptly, healthcare providers may experience significant setbacks in their reimbursement cycles. Insurers often require prior authorization before allowing coverage for certain procedures, tests, or treatments, and without this approval, claims can be denied or delayed. This can result in healthcare providers having to resubmit claims again after the approval is obtained, which can prolong the payment process and impact cash flow.

The other options, while they might be relevant in different contexts, do not align with the consequences of failing to secure timely authorization. Increased patient satisfaction and reduction in appointment cancellations typically stem from efficient operations and positive patient experiences, rather than delays in the authorization process. Thus, the focal point is that timely authorization directly affects claims processing, making it a critical aspect of patient access and revenue cycle management in healthcare settings.