Is V92 a billable ICD-10-CM code?

No. V92 is a non-billable header code. Code to a higher level of specificity using one of its child codes.

Where does V92 sit in the tabular list?

External causes of morbidity (V00-Y99), in the block Water transport accidents (V90-V94).

What cannot be coded together with V92?

V92 carries an Excludes1 note, which means the conditions it lists can never be coded together with it on the same encounter.

V92

V92 — Drowning and submersion due to accident on board watercraft, without accident to watercraft

Non-billable headerICD-10-CM

V92 is a non-billable header ICD-10-CM code for drowning and submersion due to accident on board watercraft, without accident to watercraft. It cannot be billed on its own: choose one of the more specific child codes below. This code also requires a 7th character before it is complete.

This code requires a 7th character

The appropriate 7th character is to be added to each code from category V92

A: initial encounter
D: subsequent encounter
S: sequela

Excludes1 — never code together

These conditions cannot occur together. Billing both on the same encounter is a denial.

civilian water transport accident involving military watercraft (V94.81-)
drowning or submersion due to accident to watercraft (V90-V91)
drowning or submersion of diver who voluntarily jumps from boat not involved in an accident (W16.711, W16.721)
fall into water without watercraft (W16.-)
military watercraft accident in military or war operations (Y36, Y37)

Other codes that can never be billed with V92

These codes carry an Excludes1 note pointing at V92. The conflict binds both ways, but ICD-10-CM only writes it down on one side — so you would not find this by reading V92 alone.

V90Drowning and submersion due to accident to watercraft
V92.1Drowning and submersion due to being thrown overboard by motion of watercraft
V92.27Drowning and submersion due to being washed overboard from water-skis
V92.27XADrowning and submersion due to being washed overboard from water-skis, initial encounter
V92.27XDDrowning and submersion due to being washed overboard from water-skis, subsequent encounter
V92.27XSDrowning and submersion due to being washed overboard from water-skis, sequela

Risk adjustment

V92 does not map to an HCC and does not risk-adjust under CMS-HCC V28. That is normal — most ICD-10 codes do not. It still needs to be coded correctly; it just will not move a RAF score.

Code to one of these instead V92

3 child codes. Green means billable.

Questions about V92

Is V92 a billable ICD-10-CM code?: No. V92 is a non-billable header code. Code to a higher level of specificity using one of its child codes.
Where does V92 sit in the tabular list?: External causes of morbidity (V00-Y99), in the block Water transport accidents (V90-V94).
What cannot be coded together with V92?: V92 carries an Excludes1 note, which means the conditions it lists can never be coded together with it on the same encounter.