AI Article Synopsis
- The Resource Based Relative Value System (RBRVS) was created to organize the Medicare reimbursement process over fifteen years ago.
- The system uses a complex formula to assign value to various medical procedures based on multiple components that are calculated differently.
- The article explores how these relative values are developed, managed, and how their relationships impact the overall reimbursement system.
Article Abstract
The Resource Based Relative Value System (RBRVS) was established over fifteen years ago in an attempt to bring order to the Medicare reimbursement system. The RBRVS relies on a complicated formula to determine how much each procedure is worth. This article uses an unusual approach to describe the components of the RBRVS equation, how those relative values are developed and managed, and how they relate to each other, even though each one is calculated differently.
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| http://dx.doi.org/10.1016/j.jacr.2003.12.018 | DOI Listing |
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