About The Medical Condition Resource-Based Relative Value Scale

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Find the definition of the medical term Resource-Based Relative Value Scale. Resource-Based Relative Value Scale defined and explained for easy understanding at the Medical Conditions from ClusterMed.info.

Resource-Based Relative Value Scale

Resource-Based Relative Value Scale Medical Condition Defined & Explained
Resource-Based Relative Value Scale Medical Condition

What's The Definition Of The Medical Condition Resource-Based Relative Value Scale?

Coded listings of physician or other professional services using units that indicate the relative value of the various services they perform. They take into account time, skill, and overhead cost required for each service, but generally do not consider the relative cost-effectiveness. Appropriate conversion factors can be used to translate the abstract units of the relative value scales into dollar fees for each service based on work expended, practice costs, and training costs.

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