RVU in Medical Billing
RVU stands for Relative Value Unit, a measure used to determine the value of medical services based on the resources required to provide them.
RVU in Medical Billing Explained
In medical billing, RVUs are used to calculate reimbursement rates for services provided by healthcare professionals. Medicare and other insurers use RVUs to assign value to services based on factors like physician work, practice expenses, and malpractice insurance.
For example, Medicare uses RVUs to determine how much to pay a physician for performing a surgery.
Learn more about common acronyms and abbreviations in Medical billing glossary.
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