relative value unit

Also found in: Acronyms.

relative value unit (RVU)

a comparable service measure used by hospitals to permit comparison of the amounts of resources required to perform various services within a single department or between departments. It is determined by assigning weight to such factors as personnel time, level of skill, and sophistication of equipment required to render patient services. RVUs are a common method of physician bonus plans based partially on productivity.

relative value unit

Health insurance A comparative financial unit that may sometimes be used instead of dollar amounts in a surgical schedule, this number is multiplied by a conversion factor to arrive at the surgical benefit to be paid. See Resource-based relative value scale.

rel·a·tive val·ue u·nit

(RVU) (rel'ă-tiv val'yū yū'nit)
A numeric factor assigned to a medical service during coding based on the skill and time required to undertake such a procedure.
References in periodicals archive ?
Medicare Program; Five-Year Review of Work Relative Value Units Under the Physician Fee Schedule and Proposed Changes to the Practice Expense Methodology [CMS-1512-PN].
Medicare Program; Revisions to Payment Policies and Adjustments to the Relative Value Units Under the Physician Fee Schedule for Calendar Year 2003; Final Rule and Notice.
Therefore, the purpose of this study was to examine the implications of a one-year internship model in which physical therapy interns train in groups rather than 1:1 on productivity metrics such as visits, relative value units (RVU), and efficiency of care.
Work Relative Value Units with the added element of bonuses based on patient satisfaction and other quality measures top the list of models being explored.
Over the past 5 years, relative value units per patient rose by 13% at private medical practices but declined nearly 18% at practices owned by hospitals or integrated delivery systems, analysts found.
I predicted at the beginning of the year that we could increase relative value units (RVUs)/patient visit by 10 percent simply by monitoring this metric and with some basic education.
Relative value units (RVUs) are nonmonetary, numeric values that Medicare uses to represent the comparative amount of physician time, resources, and expertise needed to provide various services to patients.
The work relative value units (RVUs) earned by different subspecialties in academic radiology may differ by a large magnitude, according to data supplied by the Association of Administrators in Academic Radiology.
Unilateral turbinate codes also differ in their numbers of global days and relative value units (RVUs).
Regarding payment accuracy, the MedPAC suggests that in some cases, growth in the volume of services is due to misevaluation of services in the "relative value units" used to measure the intensity of the various physician services, and that the CMS should have the ability to submit corrections in these relative value units to the American Medical Association.
Physicians have endured one cost-containment scam after another--the Resource-Based Relative Value Scale (RBRVS), the Correct Coding Initiative, adjustments to the practice expense component of relative value units (RVUs).
PITTSBURGH -- Category I Current Procedure Terminology (CPT) codes for insertion, repositioning and removal of the TandemHeart circulatory support system have been approved and assigned Relative Value Units (RVUs) by the Centers for Medicare and Medicaid Services (CMS).