Under the RBRVS, Each HCPCS/CPT Code Contains 3 Components, Each

question 365

Multiple Choice

Under the RBRVS, each HCPCS/CPT code contains 3 components, each having assigned relative value units. These 3 components are

• A) geographic index, wage index, and cost of living index.
• B) fee-for-service, per diem payment, and capitation.
• C) conversion factor, CMS weight, and hospital-specific rate.
• D) physician work, practice expense, and malpractice insurance expense.

---

Definitions:

Cochlea

A spiral-shaped, fluid-filled inner ear structure responsible for converting sound waves into nerve impulses.

Productivity

The measure of efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.

Company Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business.

Business Strategy

A plan of action designed to achieve a set of objectives and gain a competitive advantage in the market.