Relative Value Scales

Synonyms

Relative Value Scale

Relative Value Schedules

Relative-Value Schedule

Relative-Value Schedules

Resource Based Relative Value Scale

Resource-Based Relative Value Scale

Scale, Relative Value

Scales, Relative Value

Schedule, Relative-Value

Schedules, Relative-Value

Coded listings of physician or other professional services using units that indicate the relative value of the various services they perform. They take into account time, skill, and overhead cost required for each service, but generally do not consider the relative cost-effectiveness. Appropriate conversion factors can be used to translate the abstract units of the relative value scales into dollar fees for each service based on work expended, practice costs, and training costs.