Discuss Other Various Payment Systems Flashcards
When involving inpatient scenarios in which the prospective payment system and DRGs are used, physicians’ offices use the ____________ system?
Resource-based relative value scale (RBRVS)
What is the facility fee?
The amount reimbursed to the hospital when the patient receives hospital care.
Do physicians split the facility fee with hospitals or?
No, they receive a separate amount for the services provided.
What is service fees?
Medical consultation, surgery, etc. (the service the physicians give the patient).
What is the RBRVS system based on?
The ‘relative value of services’ based on a formula.
What is the formula that RBRVS systems are based on?
- Amount of work a physician does to treat a patient (RVUw, or relative value unit [work]
-Expenses associated with the treatment (RVUpe, or relative value units [practice expenses])
-Professional liability assessed for that treatment (RVUm, or relative value units [malpractice costs]
What is the RVUw?
Relative value units [work], amount of work a physician does to treat a patient
What is RVUpe?
Relative value units [practice expenses], expenses associated with treatment
What is RVUm?
Relative value units [malpractice costs], professional liability insurance assessed for that insurance.
Where does the CMS publish the RVUs?
As part of the Medicare fee schedule (MFS) each year within the publication called the Federal Register. (helps to understand what’s reimbursed under medicare)
What is the RBRVS system used for?
To reimburse physicians treating patients under Medicare Part B. was developed to cover Medicare patients but now is used by other payers
What is the RBRVS system based on?
Standard service with a relative value (Standard relative value is 1.00),
CPT/HCPCS system is used to code these. (as opposed to ICD-10-CM for inpatients)
What is the conversion factor?
An assignment by CMS each year that helps convert RVUs into actual payments.
What is a skilled nursing facility (SNF)?
A facility designed for treating Medicare-elgible patients. Usually part of a nursing facility, but could be part of a hosital.
When is SNF care needed?
Generally only a short period of time after a hospitalization.
What does treatment in SNFs include?
24-hour nursing coverage, physical therapy, occupational therapy, and speech therapy.
When is a person no longer qualified for SNF care?
When a person doesn’t require continuous medical evaluation.