RVUs at Work: Relative Value Units in the Medical Practice, 2nd Edition

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RVUs at Work: Relative Value Units in the Medical Practice, 2nd Edition image
ISBN-10:

0988304082

ISBN-13:

9780988304086

Author(s): CPA; Max Reiboldt
Edition: Second
Released: Sep 20, 2013
Format: Paperback, 164 pages
Related ISBN: 9780981473895

Description:

Greenbranch Publishing announces the Second Edition of RVUs at Work: Relative Value Units in the Medical Practice, by Coker Group s Max Reiboldt and Justin Chamblee that gives medical practices breakthrough control over costs, compensation, productivity, managed- care contract negotiations in light of new accountable care scenarios.

The same Relative Value Unit (RVU) approach that Medicare uses to standardize reimbursement can become a powerful management tool for today s medical practices, according to the revision of this bestselling book.

The book gives physicians and medical practice administrators practical how-to help on using RVUs for everything from benchmarking costs and expenses to improving productivity, fair physician compensation, and negotiating more favorable Medicare and other payer contracts.

Complete with updated chapters and management tools, RVUs at Work reviews the key points of the usage of RVUs in the Accountable Care era. Analyses of RVUs in both a fee for volume and oncoming fee- for- value reimbursement setting complete the revision of this classic book. Specific recommendations on physician productivity are covered, including quality outcomes and allowable reimbursement. The new and expanded 2nd Edition has new chapters including the comprehensive, Legal Aspects of RVUs.

This book provides the latest information on RVUs and applies working knowledge to executives who are tasked with measuring various areas of productivity in the medical practice within the current healthcare landscape. Specific recommendations around physician productivity in the context of RVUs and the accountable care era are covered, including quality outcomes and allowable reimbursement.

Noteworthy Features for the 2nd Edition

Clear and easy to read -- written in layperson s terms so practice administrators and physicians can immediately begin to implement an RVU approach.

New chapter on Legal Aspects of using RVUs for compensation Real world scenarios for private practice, and hospital-employed physician settings.

Your 2014 and beyond blueprint -- how best to apply and use RVUs in the management and evaluation of provider performance.

Practical -- includes examples of how different real-world medical practices are using RVUs to cut costs, enhance efficiency, boost profitability, and assure quality of care.

Huge upside potential -- by applying the RVU approach, practice managers gain a consistent and impartial way to align how money is spent and how staff and providers use their time with the maximum benefits for both patients and the practice.

Table of Contents Chapter 1 History and Background of RVUs Chapter 2 CMS and RVU Considerations Chapter 3 The Effect of RVUs on Physician/Hospital Alignment Chapter 4 RVUs and Compensation Chapter 5 RVU Compensation Legal Aspects Chapter 6 RVUs and Productivity Chapter 7 Utilizing RVUs in Practice Management Chapter 8 RVUs and ACOs/CINs Chapter 9 Increasing Productivity via wRVU Measurements Chapter 10 The Future of RVUs Chapter 11 Conclusions and Summary

The book has an updated review of the key points of RVUs usage and relevance in an accountable care era. . With that in mind, as healthcare is still in mostly a fee for volume reimbursement paradigm, the authors have updated the discussion of RVUs as it relates to more traditional usage in compensation plans and overall evaluation of provider performance.

This Second edition demonstrates how RVUs can provide supporting data for physician reimbursement, managing the practice effectively, and communicating with physicians to achieve improved performance in the accountable care era.

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