Definitions for "Resource-Based Relative Value Scale"
Payment methodology used by Medicare and some other payors to reimburse for physician and certain other professional services
(RBRVS): This is a relative scale developed for the Health Car Financing Administration for use by Medicare. The RBRVS assigns relative values to each CPT code for services on the basis of the resources related to the procedure rather than simply on the basis of historical trends. The practical effect has been to lower reimbursement for procedural services (e.g., cardiac surgery) and to raise reimbursement for cognitive services (e.g., office visits).
(RBRVS) - Medicare's reimbursement system for physician services. This system considers actual resources used in the provision of services when determining payment levels.