Practice expense rvu - Study guides, Class notes & Summaries
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AAPC CPB Ch 2 exam review fully solved 2024
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AAPC CPB Ch 2 exam reviewWhat components make up the Medicare Physician Fee Schedule? 
Relative value units for physician work, practice expense, and professional liability insurance; the Geographical Practice Cost Index; and the conversion factor. 
 
Medicare uses the Medicare Physician Fee Schedule (MPFS) for reimbursement for physician services and other types of services. This replaced the old "customary, prevailing, and reasonable" (CPR) payment system. The MPFS is funded by Part B and is...
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CDEO Chapter 7 exam 2023 with correct answers
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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 ...
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CDEO Chapter 7 Questions and Answers Correct 100%
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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 fo...
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AAPC CPB - Chapter 11 Review question n answer 2023/2024
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Medicare's payment amount for services are determined by which of the following formulas? 
 
a. Sustainable growth rate (SGR) X Geographic Practice Cost Index (GPCI) = Medicare payment 
b. Total RVU X Conversion factor = Medicare payment 
c. Total Practice Expense (PE) X Conversion factor = Medicare payment 
d. Total Malpractice insurance (MP) X Conversion factor (CF) = Medicare payment - correct answer b. Total RVU X Conversion factor = Medicare payment 
 
The total RVU is composed of which of...
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AAPC CPB - Chapter 11 Review Exam Questions with correct Answers
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Medicare's payment amount for services are determined by which of the following formulas? 
 
a. Sustainable growth rate (SGR) X Geographic Practice Cost Index (GPCI) = Medicare payment 
b. Total RVU X Conversion factor = Medicare payment 
c. Total Practice Expense (PE) X Conversion factor = Medicare payment 
d. Total Malpractice insurance (MP) X Conversion factor (CF) = Medicare payment - Answer- b. Total RVU X Conversion factor = Medicare payment 
 
The total RVU is composed of which of the fo...
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CDEO Chapter 7 Exam Study Guide with Complete Solutions
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CDEO Chapter 7 Exam Study Guide with 
Complete Solutions 
RBRVS - Answer️️ -Resource-Based Relative Value Scale 
RBRVS System - Answer️️ -Established by Medicare to reimburse physicians based 
on CPT code submitted for reimbursement 
RVU - Answer️️ -Each 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 - Answer️️ -...
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AAHAM CRCP-I Billing Questions With Correct Answers
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Medicare will pay an inpatient only procedure on an outpatient claim - Answers If the patient died before admission 
 
RBRVS - Answers Resource based relative value scale 
 
The base value of a procedure in comparison to other procedures - Answers Relative value unit (RVU) 
 
3 components of RVU - Answers Physician work 
Practice expense (overhead)
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MHA 740 Health Services Financial Management Exam 1 Revised Questions and 100% Correct Answers.
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MHA 740 Health Services Financial Management Exam 1 Revised Questions and 100% Correct Answers. 
Exam Instructions. Please read these instructions carefully. 
 This exam covers topic 1-topic 6 (Pdf file, Ch. 13, Ch. 2-5). 
 This exam is open books. 
 This exam contains 1 section.. 
 Exam is a multiple choice test which contains 30 questions. Each question is 3 points. Students 
are asked to answer all questions. Students are REQUIRED to (a) indicate a correct answer 
(highlight/circl...
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Step-By-Step Medical Coding Chapter 1: Reimbursement, HIPAA, and Compliance 105 Questions with 100% Correct Answers – COMPLETE SOLUTION
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What 2 groups of persons were added to those eligible for Medicare benefits after the initial 
establishment of the Medicare program? - 1. Persons eligible for disability benefits from Social 
Security 
2. Persons with permanent kidney failure requiring dialysis or transplant 
To what government organization did the Secretary of the Department of Health and Human Services 
delegate the responsibility for administering the Medicare program? - CMS (Centers for Medicare 
and Medicaid Services) 
Wha...
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FACHE Board of Governor’s Exam Questions With Answers Latest Updated 2024 (Graded A+)
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FACHE Board of Governor’s Exam Questions With Answers Latest Updated 2024 (Graded A+) According to the ACHE's Code of Ethics, one way that healthcare 
executives can avoid or minimize the negative implications of conflict of interest is to: 
a. Develop a public relations plan to address potential conflict-of-interest scenarios. 
b. Not participate in the specific decision where conflict may exist. 
c. Ensure members submit annual lists of major activities and holdings for inspections. 
d. Mak...
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