The RBRVS system establishes the nationally uniform relative value of a service based on which three cost elements?
A) The cost of payroll, the cost of supplies, and the cost of liability insurance
B) The physician's specialty, the physician's work, and the location of the practice
C) The location of the practice, the overhead, and the cost of liability insurance
D) The physician's work, the practice expense, and the cost of liability insurance

Question

Quizplus · Accepted Answer

The three cost elements that establish the nationally uniform relative value of a service under the RBRVS system are the physician's work, the practice expense, and the cost of liability insurance. The physician's work refers to the time, skill, and effort required by the physician to furnish the service. The practice expense includes the cost of supplies, equipment, rent, and other expenses incurred by the physician in the course of providing the service. The cost of liability insurance is also factored in to account for the risk and costs associated with medical malpractice. The physician's specialty and the location of the practice may impact the practice expense and liability insurance costs, but they are not the primary cost elements used in determining the relative value of a service under the RBRVS system.

The RBRVS System Establishes the Nationally Uniform Relative Value of a Service