RBRVS Payment Formula:
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The RBRVS (Resource-Based Relative Value Scale) Conversion Factor is used by Medicare to determine physician payments. It converts the total RVUs (Relative Value Units) of a service into a dollar payment amount.
The calculator uses the RBRVS payment formula:
Where:
Explanation: The equation multiplies the Medicare conversion factor by the total RVUs for a service to calculate the payment amount.
Details: Accurate payment calculation is crucial for healthcare providers to understand Medicare reimbursement rates and for financial planning.
Tips: Enter the current Medicare conversion factor in $/RVU and the total RVUs for the service. Both values must be positive numbers.
Q1: What is the current Medicare conversion factor?
A: The CF changes annually. Check the CMS website for the current year's value (typically around $32-$35 per RVU).
Q2: How are total RVUs determined?
A: Total RVU = Work RVU + Practice Expense RVU + Malpractice RVU, as defined by CMS for each CPT code.
Q3: Does this calculator work for non-Medicare payers?
A: No, this calculates Medicare payments only. Private insurers may use different conversion factors.
Q4: Where can I find RVU values?
A: CMS publishes RVU values in the Medicare Physician Fee Schedule (MPFS).
Q5: Are geographic adjustments included?
A: No, this calculates the base payment. Geographic Practice Cost Indices (GPCIs) would adjust this further.