CDEO Chapter 7 exam 2023 with correct answers

RBRVS correct answersResource-Based Relative Value Scale RBRVS System correct answersEstablished by Medicare to reimburse physicians based on CPT code submitted for reimbursement RVU correct answersEach CPT code has an assigned relative value unit which, when multiplied by conversion factor and a geographic region allowance , creates the reimbursement for the medical service the CPT code represents RVU Components correct answers1) 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 correct answersCMS annually publishes Physician Fee Schedule information on its website and posts the formula for calculating physician fee schedule amounts. Physician Fee Amounts correct answersvary depending on facility vs non-facility Facility Practice RVU correct answersexpenses include services performed in emergency rooms , hospitals, SNFs, nursing homes, ASC. Non Facility RVUs correct answersinclude services performed in non-hospital owned physician practices and privately owned practices. GPCI correct answersGeographic Practice Cost Index