The current Medicare RBRVS physician fee schedule is calculated using the ____________ of the service provided (identified by a CPT code)and based on the resources the service consumes.
A) UCR rate
B) per diem rate
C) relative value
D) resource-based value

Question

Quizplus · Accepted Answer

The RBRVS physician fee schedule is calculated using the relative value of the service provided, identified by a CPT code, and based on the resources the service consumes. The relative value is calculated using three components: physician work, practice expense, and malpractice insurance. This system was implemented to more accurately and fairly reimburse physicians for their services. The UCR rate and per diem rate are not used in the calculation of the RBRVS physician fee schedule.

The Current Medicare RBRVS Physician Fee Schedule Is Calculated Using