Explain the important of accurate icd-10-cm coding

The wound care industry will gained many benefits when International Classification of Diseases (ICD)-10-Clinical Modification (CM) was implemented. One of the main benefits is that the disease classifications will be consistent with current clinical practice and medical technology advances. The new classification codes will be very granular, which means the level of specificity will greatly improve. Numerous new codes will represent more specific anatomic sites, etiologies, comorbidities, and complications, and will improve the ability to demonstrate severity of illness. For instance, the new feature of laterality is directly built into the new codes: separate codes will distinguish right, left, and bilateral, where needed. The increased granularity will provide better analysis of disease patterns and outbreak of disease. Additionally, the United States will finally be using the same diagnosis coding system as the rest of the world.

ICD-10 codes must also be provided on medicine prescriptions and referral notes to other healthcare providers (e.g. pathologists and radiologists) who are not all able to make a diagnosis. Therefore, they require the diagnosis information from your referring doctor so that their claim to your medical scheme can also be paid out of the correct pool of money.