Examples of Relative Value in a sentence
Relative Value Guide is a system established by the American Society of Anesthesiologists to pay anesthesiologists for a “work unit.” The payment value is determined by multiplying a “relative value” of the service by a “converter” to determine the value for a certain procedure.
Charge data shall be the lesser of the usual and customary charge (or appropriate amount from a Relative Value Scale for missing or unavailable charges) or submitted charge.
For hospital outpatient diagnostic services, the supervision levels assigned to each CPT or Level II HCPCS code in the Medicare Physician Fee Schedule Relative Value File that is updated quarterly, apply as described below.
Localities used to pay services under the MPFS are listed in Chapter 23.20.2 - Relative Value Units (RVUs)(Rev.
No. 33553 (July 15, 2019) (Order); The Relative Value Fund, et al., Investment Co. Rel.