RVU Calculation:
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The Relative Value Unit (RVU) system is used in the United States to determine physician reimbursement. It consists of three components: work RVU (wRVU), practice expense RVU (peRVU), and malpractice RVU (mpRVU).
The calculator uses the RVU equation:
Where:
Explanation: The total RVU represents the combined value of all three components for a specific CPT code.
Details: RVU calculations are essential for determining physician compensation, practice budgeting, and understanding the relative value of medical services.
Tips: Enter the wRVU, peRVU, and mpRVU values for a specific CPT code. All values must be non-negative numbers.
Q1: Where can I find RVU values for CPT codes?
A: RVU values are published annually by the Centers for Medicare & Medicaid Services (CMS) in the Physician Fee Schedule.
Q2: How are RVUs used in physician compensation?
A: Many practices use RVU-based compensation models where physician pay is tied to the total RVUs they generate.
Q3: Do RVU values change over time?
A: Yes, RVU values are updated annually by CMS based on recommendations from the AMA/Specialty Society RVS Update Committee.
Q4: What's the difference between wRVU and total RVU?
A: wRVU measures only the physician work component, while total RVU includes practice and malpractice components.
Q5: How is the dollar value determined from RVUs?
A: The dollar amount is calculated by multiplying total RVUs by a conversion factor (dollars per RVU) set by CMS.