What is ICD-10-CM and why is it important?
ICD-10-CM is the International Classification of Diseases, 10th Revision, and Clinical Modification. It is a new diagnosis classification system developed by the Centers for Disease Control and Prevention (CDC) for use in all United States healthcare settings. ICD-10-CM will replace the existing diagnosis code set, ICD-9-CM (International Classification of Diseases, 9th Edition, Clinical Modification, Volumes 1 and 2). The U.S. Department of Health and Human Services (HHS) has mandated that all HIPAA-covered entities must implement ICD-10-CM for use in standard electronic transactions (including but not limited to claims) for dates of service that occur on or after October 1, 2013. You should be planning and taking actions now to be compliant by October 1, 2013.