Benefits of Implementing ICD-10

Generally, ICD-10-CM incorporates greater specificity, clinical data, and information relevant to ambulatory and managed care encounters. In addition, the structure of ICD-10-CM allows for the possibility of greater expansion of code numbers. This classification will also extend beyond simply the classification of disease and injuries to include risk factors that are frequently encountered in a primary care setting. The new system also includes those diseases discovered since the most recent revision of ICD-9-CM. General terminology, as well as disease classification, has been updated to be consistent with accepted and current clinical practice. The expanded degree of specificity should provide more detailed information, which would assist providers, payers, and policy makers in establishing appropriate reimbursement rates, improving the delivery of healthcare, improving and evaluating the overall quality of patient care, and effectively monitoring both service and resource utilization.

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