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Get the free RELATIVE VALUE UNITS (RVUS) AND RELATED I - CMS

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V1.2 | 10 JUN 2021 | FRM.EX.002 | ATPL Exam Application Performs ATPL Exam Application FormDepartment: Doc ID: Version No: Issue Date:ASD/PEL FRM.EX.002 1.2 10 JUN 2021Instruction: 1. Please complete
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01
Determine the CPT code for the service provided
02
Identify the total time spent on the service, including face-to-face time and any associated non-face-to-face time
03
Assign the appropriate work RVU, practice expense RVU, and malpractice RVU for the CPT code
04
Calculate the total RVU by adding the work RVU, practice expense RVU, and malpractice RVU together
05
Submit the total RVU along with any other necessary documentation for billing purposes

Who needs relative value units rvus?

01
Healthcare providers who bill for services based on the Medicare Physician Fee Schedule
02
Medical coders and billers responsible for translating healthcare services into codes for billing purposes
03
Healthcare administrators and finance professionals who analyze RVUs to assess productivity and reimbursement rates
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Relative Value Units (RVUs) are a measure of value used in the United States Medicare reimbursement formula for physician services.
Physicians and other healthcare providers who bill Medicare for their services are required to file Relative Value Units (RVUs).
RVUs are typically calculated based on the complexity and time involved in providing a specific medical service. Providers need to document the services provided and submit the appropriate RVUs for each service.
The purpose of RVUs is to determine the relative value of different medical services in order to set reimbursement rates for Medicare beneficiaries.
Providers must report the specific medical services provided, along with the corresponding RVUs for each service.
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