← Fee Schedules Test
4 Written Questions
4 Multiple Choice Questions
- practice costs related to the performing the service.
- Under this schedule, a procedure's relative value is the sum total of three elements. Work, Overhead, Malpractice. Payments are determined by multiplying a code's relative value by a constant dollar amount called a conversion factor( Multiplier)
- The physician's most frequent charge for a given service.
- The average charge of all providers of simular training and experience in a given geographical area.
4 True/False Questions
Capitated Rates → The average charge of all providers of simular training and experience in a given geographical area.
Medicare conversion factors → conversion factors are determined annually be the CMS in cooperation with Congress. Conversion factor varies according to the type of service provided.
Relataive Value Payment Schedules Method → Use of relative value scales which assign a relative weight to individual services according to the basis of the scale. Services that are more difficult, time consuming, or resource intensive to perform typically have higher relative value than other services.
RBRVS: Work → practice costs related to the performing the service.