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conversion factor update included a budget-neutrality increase to offset decreases to the practice expense and PLI RVUs, which resulted from the rescaling of the RVU pools to match the revised MEI weights.
The Medicare conversion factor (CF) is a scaling factor that converts the geographically adjusted number of relative value units (RVUs) for each service in the Medicare physician payment schedule (MFS) into a dollar payment amount.
The work RVU calculator provides quick analysis of work relative value units associated with CPT ® and HCPCS Level II codes. By entering the appropriate code and number of units associated with it, you will receive the total work RVUs and individual work RVU value for that code.
The RVU Calculator allows users to calculate Total RVU, Payment per Procedure, Total Payment, and the percentage components of Work, Practice Expense, and ... Step 6: Enter the Conversion Factor. Input the Conversion Factor in dollars. This is another required field and must be a positive decimal number with a minimum value of 1, adjustable in ...
Relative value units (RVUs) are a measure of value used in the United States Medicare reimbursement formula for physician services. [1] RVUs are a part of the resource-based relative value scale (RBRVS).
Across these localities, CMS uses the conversion factor (CF), to calculate the payment for each service in dollars. The conversion factor, which is updated annually, indicates the dollar value CMS assigns to an RVU. The equation below demonstrates how CMS combines the CF
Sustainable Growth Rates & Conversion Factors; Medicare Advantage Rates & Statistics