Measuring productivity using RBRVS cost accounting.
The use of a resource-based relative value scale (RBRVS) allows procedures and costs to be indexed on a common or relative basis, using relative value units (RVUs) linked to the amount of resources consumed. Group practice administrators using an RBRVS to account for costs associated with providing services and relating practice revenue and costs to RVUs rather than to fee schedules may find it easier to discuss productivity--and ultimately compensation--with physicians and allied providers. The advantage of RBRVS cost accounting is that it provides a convenient format for comparing physician performance across specialty lines within a group and with external physician groups.
Accounting↗