Measuring Productivity Through RVUs
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?
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?
In this podcast, Max Reiboldt, president and CEO of healthcare consulting firm The Coker Group, explains RVUs, their value over other productivity benchmarks, and how to tie them to compensation plans and the reporting process at your practice.
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