Understanding the new Medicare fee schedule.
The methodology for determining the Medicare allowance for physician services changed effective January 1, 1992. Prior to the new year, the allowance for most physician services was determined by the reasonable charge system; now, however, the Medicare allowance for most physician services is determined by the resource based relative value scale (RBRVS) fee schedule system. The RBRVS fee schedule is being phased in over a five-year transition period.
D006801:Humans; D008433:Mathematics; D010414:Pennsylvania; D011216:Practice Management, Medical / Q000191:economics*; D015895:Relative Value Scales; D013997:Time Factors