The Milliman RBRVS for Hospital Fee Schedule provides a simple solution for comparing hospital contractual allowed amounts, billed charge master levels, relative efficiency, and patient-mix differences. The fee schedule is based on relative value units (RVUs), which are the same for procedures that require the same relative resources. This white paper defines RBRVS for hospitals and discusses the following:
- Advantages of RBRVS for hospitals
- Developing RBRVS for hospitals RVUs
- Inpatient and outpatient RVU development and adjudication
- Calculating conversion factors
- Users and reviews