How to structure a fee schedule using AccuChecker for Windows?
For many years, we have used a powerful technique with positive results, we assisted medical practices in reviewing and re-structuring their fee schedule, producing a price list that is adequate, that eliminates undercharging and prevents overcharging. YOU CAN LEARN HOW TO PRICE MEDICAL SERVICES IN MINUTES. HISTORY: In 1992, the Resource Base Relative Value Scale (RBRVS) was implemented by HCFA to structure a fee-schedule for services rendered by physicians. The formula used by HCFA included three basic elements – the Work of the Physician – the Overhead of the Practice or Practice Expense – and – Malpractice insurance. These three elements combined were multiplied by a Geographic Index, which explains why every Medicare area has a different reimbursement amount. The result of this computation was then multiplied by a conversion factor (a dollar amount.) Today HMOs, PPOs, PIP carriers, TPAs and Workers Compensation (in some states) are using RBRVS methodology, to structure prices for m
