Enter the total costs of all component’s and the expected level of RVUs into the calculator to determine the cost per RVU.
- Medical Loss Ratio Calculator
- Health Insurance Cost Per Month Calculator
- Life Insurance Cost Per Month Calculator
- Cost Per X-Ray Calculator
- Sgot/Sgpt Ratio Calculator
Cost Per RVU Formula
The following equation is used to calculate the .
CPRVU = TC / RVU's
- Where CPRVU is the cost per RVU
- TC is the total cost of all component’s
- RVU is the expected level of RVUs.
To calculate the cost per RVU, divide the total cost of the level of expected RVUs.
What is Cost Per RVU?
Definition:
Cost per RVU is the average cost of of a relative value unit in healthcare. RVUs are used in Medicare for purposes of reimbursement.
How to Calculate Cost Per RVU?
Example Problem:
The following example outlines the steps and information needed to calculate Cost Per RVU.
First, determine the total cost of all components. In this example, the components sum up to $500.00.
Next, determine the total level of RVUs. In this case, this value is found to be 4.
Finally, calculate the cost per RVU using the formula above:
CPRVU = TC / #RVU’s
CPRVU = $500 /4
CPRVU = $125.00 /RVU
