Impella Maintains Existing Diagnosis Related Groups (DRGs) Assignment With Updated ICD-10 Coding Issued by the Centers for Medicare & Medicaid Services (CMS)

DANVERS, Mass., March 21, 2014 (GLOBE NEWSWIRE) -- Abiomed, Inc. (Nasdaq:ABMD), a leading provider of breakthrough heart support technologies, today announced that the Centers for Medicare & Medicaid Services (CMS) has released an updated version of ICD-10 MS-DRGs (version 31R) and maintained assignment to Diagnosis Related Groups (MS-DRGs) 216-221 for the category of devices that includes Impella® pumps.

CMS is transitioning from ICD-9 to ICD-10 coding system for all hospitals which is scheduled for implementation on October 1, 2014.  As a result of this transition, CMS recently released new tables outlining edits to ICD-10 MS-DRG (referred to as version 31R), which includes the category of Impella procedures in ICD-10 code 5A02(1,2)1D: "Assistance with Cardiac Output Using Impeller Pump," and maps those procedure codes to MS-DRGs 216 - 221. 

Version 31R and related updates remove a prior proposal made in September 2013 as part of the ICD-10 transition, for code 02HL3DZ, which was also assigned to MS-DRG 216-221. 

CMS stated in their public forum that the final ICD-10 MS-DRG (referred to as version 32) will be available during the rule-making process for the Inpatient Prospective Payment System (IPPS) in April 2014.

Further information about the ICD-10 update is available on the CMS website: http://www.cms.gov/Medicare/Coding/ICD10/ICD-10-MS-DRG-Conversion-Project.html.

ABOUT ABIOMED

Based in Danvers, Massachusetts, Abiomed, Inc., is a leading provider of medical devices that provide circulatory support. Our products are designed to enable the heart to rest by improving blood flow and/or performing the pumping of the heart. For additional information please visit: www.abiomed.com

FORWARD-LOOKING STATEMENTS

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