RBRVS in Medical Billing
RBRVS stands for Resource-Based Relative Value Scale, a system used by Medicare to determine the value of medical services based on the resources required.
RBRVS in Medical Billing Explained
In medical billing, RBRVS is used to assign value to procedures by considering factors such as physician work, practice expense, and malpractice costs. This system helps set Medicare reimbursement rates for healthcare providers.
For example, Medicare uses RBRVS to determine the reimbursement amount for a common surgical procedure.
Learn more about common acronyms and abbreviations in Medical billing glossary.
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