CDEO Chapter 7 Questions and Answers Correct 100%

multiplied by conversion factor and a geographic region allowance , creates the reimbursement for the medical service the CPT code represents RVU Components - ANSWER-1) Physician work- time, skill, training, and intensity of service provided 2) Practice Expense - reflects the cost of ancillary personnel, supplies, and overhead 3) Professional Liability Malpractice Insurance Using RBRVS - ANSWER-CMS annually publishes Physician Fee Schedule information on its website and posts the formula for calculating physician fee schedule amounts. Physician Fee Amounts - ANSWER-vary depending on facility vs non-facility Facility Practice RVU - ANSWER-expenses include services performed in emergency rooms , hospitals, SNFs, nursing homes, ASC. Non Facility RVUs - ANSWER-include services performed in non-hospital owned physician practices and privately owned practices. GPCI - ANSWER-Geographic Practice Cost Index Geographic Prctice Cost Index - ANSWER-is used to realize the varying cost based on geographic location CF - ANSWER-Converstion Factor Conversion Factor - ANSWER-this is a fixed dollar amount used to translate the RVUs into fees