Answered

What are values assigned by the CMS to each CPT and HCPCS level II code to represent the cost of providing a service?

A. Coding Conventions and Symbols
B. Code Sets
C. Correct Coding Initiative Edits
D. Relative Value Units



Answer :

GinnyAnswer

Final answer:

Relative Value Units (RVUs) are values assigned by CMS to CPT and HCPCS Level II codes to represent service costs in healthcare reimbursement.


Explanation:

Relative Value Units (RVUs) are the values assigned by the Centers for Medicare & Medicaid Services (CMS) to each CPT (Current Procedural Terminology) and HCPCS Level II code to represent the cost of providing a service. These RVUs are a key component in determining reimbursement rates for healthcare services, along with other factors like geographical location and provider's qualifications.


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