Physician Compensation

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Congress is about to address a potential double-digit cut to physician reimbursement under the Medicare program. With a Dec. 1 deadline looming and a lame-duck session of Congress about to reconvene, the American Medical Association is urging lawmakers to take more time to find a long-term solution to declining physician payments.

Nearly every physician today is looking for ways to boost efficiency and productivity to stay profitable. So how do you achieve this goal without adding staff or compromising your patient satisfaction?

Looking for a better way to gauge physician productivity? A number of physicians' practices and hospitals are turning to relative value units (RVUs) over traditional benchmarks including charges, receipts, collections, or number of encounters. But what exactly are RVUs?