Question 1

What is ICD-10 code M23.362?

Accepted Answer

M23.362 is the ICD-10-CM diagnosis code for other meniscus derangements, other lateral meniscus, left knee. Damage or displacement of the outer cartilage (lateral meniscus) in the left knee, not involving the anterior or posterior horn. M23.362 sits in the ICD-10-CM chapter for diseases of the musculoskeletal system and connective tissue (m00-m99), within the section covering other joint disorders (m20-m25).

M23.362 is a billable ICD-10-CM code but does not map to a payment HCC under the CMS-HCC V28, V24, ESRD, or RxHCC risk adjustment models. It can be reported on Medicare Advantage encounter data submissions but it does not contribute to a beneficiary's RAF score and therefore does not affect risk-adjusted payments to the plan.

Confirm left knee laterality and that the derangement is not specifically anterior or posterior horn.

Question 2

Is M23.362 an HCC code?

Accepted Answer

No. M23.362 is a billable ICD-10-CM code but does not map to any payment HCC category under the CMS-HCC V28, V24, ESRD, or RxHCC risk adjustment models. It can still be reported on Medicare Advantage encounter data submissions, but it does not contribute to the beneficiary's Risk Adjustment Factor (RAF) score and therefore does not affect the risk-adjusted capitation payment to the plan. V28 reached 100% phase-in for payment year 2026.

Question 3

Is M23.362 billable?

Accepted Answer

Yes. M23.362 is a billable ICD-10-CM code that can be reported on professional and institutional claims as a primary or secondary diagnosis when the provider documentation supports the specific condition described. Billable codes in ICD-10-CM are coded to the highest level of specificity available for the documented diagnosis. M23.362 is current for fiscal year 2026 and remains in the active CMS ICD-10-CM code set published by the National Center for Health Statistics.

Question 4

What is the V28 vs V24 difference for M23.362?

Accepted Answer

M23.362 does not map to a payment HCC under either the CMS-HCC V28 risk adjustment model or the older V24 model. V28 reached 100% phase-in for payment year 2026, replacing V24 which was used during the PY2024–PY2025 transition. Because neither model rewards M23.362 with a risk adjustment factor, it contributes zero to a Medicare Advantage beneficiary's RAF score in either version. Coders should check whether provider documentation supports a more specific child code that does map to a payment HCC.

Question 5

What should coders know when reporting M23.362?

Accepted Answer

Confirm left knee laterality and that the derangement is not specifically anterior or posterior horn Document the specific type of 'other' derangement when possible for clinical clarity

M23.362

Is M23.362 an HCC code?

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Open M23.362 in the Interactive Encoder