The Relative Value Unit (RVU) system can be a powerful tool to help you
manage your practice. When analyzing the many services you provide,
the RVU system can help you compare one service to another in an
objective, meaningful manner. In today’s healthcare arena, the focus
on RVUs continues to expand.
Item#:
Product
Price
Qty
AC1301
RVU's at Work
US $237.00
Even though RVUs were created as a payment method for Medicare, they
have become a valuable tool for tracking provider productivity,
measuring and defining costs, negotiation managed care contracts,
compensating physicians, and benchmarking key indicators. In this
session you will discover practical applications of RVUs and vital
information about work RVUs. You will be able to track provider
productivity using RVUs, analyze costs using RVUs, and define how RVUs
are used in managed care contracts.
Learning Objectives:
Comprehend the history of RVUs, how they are determined, and know what their three components represent
Recognize how the RVU system translates into money for your practice through the RBRVS system used by Medicare and other payers
Employ
the RVU system for practice analytics: analyze and manage your costs;
justify your fee schedule; and negotiate with payers
Apply RVUs as a productivity indicator: measure and compare the productivity of your providers by using the Work RVU
Bring into play RVUs to compensate physicians
Meet Our Expert Speakers
Max Reiboldt, CPA
Max
Reiboldt is President and Chief Executive Officer of Coker Group and
has led the Firm’s growth since the late 1990s to its position today as
one of the leading healthcare consulting firms in the U.S. and abroad.
He is a prolific author and accomplished public speaker on healthcare
management topics.
Mr. Reiboldt provides sound financial and
strategic solutions to hospitals, medical practices, health systems,
and other healthcare entities through keen analysis and problem
solving. Working with organizations of all sizes, Reiboldt engages in
consulting projects with organizations nationwide. His expertise
encompasses employee and physician employment and compensation,
physician/hospital affiliation initiatives, business and strategic
planning, mergers and acquisitions, practice operational assessments,
ancillary services development, PHO/IPA/MSO development, practice
appraisals, and negotiations for acquisitions and sales. He also
performs financial analyses for health care entities as well as
buy/sell agreements and planning arrangements for medical practices.
Justin Chamblee, MAcc, CPA
Justin
Chamblee, CPA, MAcc, is a Manager in Financial Services for Coker
Group. Mr. Chamblee works with clients in a variety of financial areas
and ventures, including valuations, appraisals, mergers and
acquisitions, pro formas, expert witness testimonies, and financial
assessments. His strong background in accounting, financial analysis,
and problem-solving gives him insight into clients’ unique financial
needs and goals.
Prior to joining Coker, Mr. Chamblee was a
Senior Associate at PricewaterhouseCoopers, where he worked on
financial statement audits for multi-billion dollar publicly traded
companies including the review of documents to be filed with the
Securities and Exchange Commission; working closely with executives,
such as the Controller and Director of Financial Reporting; working as
an audit team member solving complex accounting issues; performing
technical research; and serving on the coaching staff.
