What does resource-based relative value scale mean?

Definitions for resource-based relative value scale
re·source-based rel·a·tive val·ue scale

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Wikipedia

  1. Resource-based relative value scale

    Resource-based relative value scale (RBRVS) is a schema used to determine how much money medical providers should be paid. It is partially used by Medicare in the United States and by nearly all health maintenance organizations (HMOs). RBRVS assigns procedures performed by a physician or other medical provider a relative value which is adjusted by geographic region (so a procedure performed in Manhattan is worth more than a procedure performed in Dallas). This value is then multiplied by a fixed conversion factor, which changes annually, to determine the amount of payment. RBRVS determines prices based on three separate factors: physician work (54%), practice expense (41%), and malpractice expense (5%).The procedure codes and their associated RVUs are made publicly available by CMS as the Physician Fee Schedule.

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Numerology

  1. Chaldean Numerology

    The numerical value of resource-based relative value scale in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of resource-based relative value scale in Pythagorean Numerology is: 4

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"resource-based relative value scale." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/resource-based+relative+value+scale>.

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