Benefits and Opportunities
The transition to ICD-10-CM/PCS will allow for precise diagnosis and procedure codes, resulting in the improved capture of health care information and more accurate reimbursement. Benefits of ICD-10-CM/PCS include:
- Improved ability to measure health care services, including quality and safety data
- Augmented sensitivity when refining grouping and reimbursement methodologies
- Expanded ability to conduct public health surveillance
- Decreased need to include supporting documentation with claims
- Strengthened ability to distinguish advances in medicine and medical technology
- Enhanced detail on socioeconomic, family relationships, ambulatory care conditions, problems related to lifestyle and the results of screening tests
- Increased use of administrative data to evaluate medical processes and outcomes, to conduct biosurveillance and to support value-based purchasing initiatives