Code that identifies the gender and association of a member to the subscriber.
Tag: RAW
Relationship management
See: provider relations .
relative value scale (RVS)
See: relative value studies (RVS) .
Relative value schedule (Health Insurance)
A schedule of surgical costs and values. This schedule lists the values of procedures, as well as the fee that should be paid for each.
relative value studies (RVS)
Compiled list of particular rating or rank of medical services based on the intensity of the procedure performed. Each professional service listed by procedure code is given a relative value unit (RVU) and that is multiplied by a dollar conversion factor to show the monetary value for each procedure. The study becomes a fee schedule when dollar conversion factors are applied. RVS is published as a guide book to show the relative value of one procedure over another. Also called relative value scale (RVS) .
Relative value unit (Health Insurance)
A unit used in some schedules that list surgical costs and values. The amount to be paid on these schedules is determined by multiplying this factor by a conversion factor.
relative value unit (RVU)
Monetary value assigned to each service based on the amount of physician work, practice expenses, and the cost of professional liability insurance. These three RVUs are then adjusted according to geographical area and used in a formula to determine Medicare fees.
relative weight (RW)
Assigned weight calculated by the Centers for Medicare and Medicaid Services (CMS) that reflects the resource consumption of each diagnosis-related group (DRG). The higher the relative weight, the larger the payment to the facility. Relative weights are published in the final prospective payment system rule.
relative weighted product (RWP)
Measure used in health care cost accounting and data analysis that links the amount of personnel time, medical resources, and cost to care for a diagnosis-related group (DRG). If the RWP is higher, then more hospital resources are needed to care for that disease or injury. Also called ambulatory weighted unit .
relative work value (RWV)
Monetary dollar amount that indicates the average work of a physician of average efficiency relative to a given standard.