Mastering the RBRVS

Instructor: Frank D. Cohen
Webinar Id: 800477

Duration: 90 Minutes

  • Recorded
  • Only for one participant ?
  • Price $179.

Overview:

The RBRVS has become the industry standard for financial and statistical benchmarking for medical practices. Payers use it, CMS uses it, OIG uses it and so does just about everyone else looking to gain an upper hand on performing complex medical practice analyses. It is the most important tool in the toolbox. Used for everything from benchmarking to reengineering to process improvement strategies, knowing how to use it is no longer an option.

Why should you attend: In this session, you will go from the basics of understanding the difference between resource and cost-based relative value scales all the way through the process of developing a full-blown RBRVS analysis. You will learn about the different RVU components, how to make adjustments for your specific geographic area, techniques to calculate conversion factors, how to factor the data for modifiers and how to use that information to perform a cursory examination of your practice's overall health.

When this session is complete, attendees will be ready to develop their own RBRVS analysis and apply it to other practice models. Attendees will receive a complete tool box, including documentation, worksheets, templates, and everything else necessary to conduct a comprehensive RBRVS analysis of their practice.

Areas Covered in the Session:

  • Understanding relative value scales
  • Discussion of benchmarking techniques
  • Defining the different RVU components
  • Developing the RBRVS analysis
  • Factoring RVU values for modifiers
  • Demonstration of practical RBRVS applications

Who Will Benefit:
  • Practice Administrator
  • Practice Manager
  • Health Care Financial Professionals
  • Revenue Cycle Staff

Speaker Profile
Frank D.Cohen is the Director of Analytics and Business Intelligence for Doctors Management, a Knoxville-based healthcare consulting firm. His areas of expertise include applied statistics, data mining, predictive analytics and process improvement.

Mr. Cohen is the author of several books, including his newest, "RVUs: Applications for Medical Practice Success". Mr. Cohen has participated in and published numerous articles and studies and trained thousands of physicians, administrators, CPAs and other healthcare professionals in all areas of healthcare analytics.

His experience includes eight years as a Physician Assistant in both the Navy and as a civilian, clinic administrator and hospital CEO. His clients include hospitals, large and small medical practices, medical and professional associations, legal and accounting professionals, government agencies and other health care professionals.


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