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Related Concept Videos

SBAR II: Application of SBAR01:14

SBAR II: Application of SBAR

SBAR is an effective communication tool used by healthcare professionals to communicate patient information accurately. SBAR stands for Situation, Background, Assessment, and Recommendation. For a better understanding, an example is given below.
SBAR Report from a Nurse to a Health Care Provider
S: "Hello, Dr. Smith. This is Jane, RN, from the Med Surg unit. I am calling to tell you about Ms. White in Room 210, who is experiencing increased pain and redness at her incision site. Her recent...
Introduction to Documentation and Reporting01:20

Introduction to Documentation and Reporting

Documentation is the systematic process of formally recording, maintaining, and communicating information.
Nursing documentation records essential information and details regarding a patient's care and treatment in written or electronic form. It is a critical aspect of nursing practice that involves documenting assessments, interventions, outcomes, and other relevant details about a patient's health status.
Documentation maps the patient's health journey by creating a comprehensive and precise...
Methods of Documentation I: Source-Oriented Records01:18

Methods of Documentation I: Source-Oriented Records

Source-oriented records, or SOR, are medical record-keeping organized by the data source. The SOR system was first developed in the mid-1900s to organize the growing patient data in hospitals and other healthcare facilities.
In an SOR, each discipline involved in patient care maintains a separate medical record section. This record-keeping method enables easy tracking of patient progress and ensures healthcare staff have access to up-to-date information.
Key Attributes include the following:
Methods of Documentation V: CBE01:23

Methods of Documentation V: CBE

Charting by Exception, or CBE, is a method of documentation used in healthcare, particularly in nursing, that focuses on documenting only significant or abnormal findings rather than recording every detail. This approach aims to streamline the documentation process, improve efficiency, and ensure that healthcare providers can quickly identify deviations from normalcy in patient assessments.
In CBE, healthcare professionals establish predefined standards of practice that define what constitutes...
Methods of Documentation VI: Case Management Model01:15

Methods of Documentation VI: Case Management Model

The case management model is a multidisciplinary approach that involves healthcare professionals from diverse disciplines, such as physicians, nurses, therapists, social workers, and pharmacists, working collaboratively to address the various needs of patients. Each healthcare professional brings unique expertise and perspectives, contributing to a more comprehensive understanding of the patient's condition and tailoring treatment plans accordingly.
For example, a patient with a chronic illness...
Health Information Technology and Healthcare Information System01:30

Health Information Technology and Healthcare Information System

Health Information Technology (HIT)
Health Information Technology, commonly called HIT, integrates advanced information systems and technology in healthcare settings. Its primary functions include:

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Incentive-based physician compensation models.

The Journal of ambulatory care management·2001
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Efficiency and effectiveness: beyond internal practice operations.

Medical group management journal·2000
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Budget variance analysis using RVUs.

Medical group management journal·1999
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RVU costing applications.

Healthcare financial management : journal of the Healthcare Financial Management Association·1997
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RVU costing in a medical group practice.

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Financial applications using the cost per RBRVS methodology.

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Related Experiment Video

Updated: Jul 11, 2026

Evaluation of Respiratory Muscle Activation Using Respiratory Motor Control Assessment (RMCA) in Individuals with Chronic Spinal Cord Injury
09:37

Evaluation of Respiratory Muscle Activation Using Respiratory Motor Control Assessment (RMCA) in Individuals with Chronic Spinal Cord Injury

Published on: July 19, 2013

Using cost accounting in a medical group practice. An application using the resource-based relative value scale.

M F Berlin1

  • 1Michigan Ear Institute, Farmington Hills, MI 48334, USA.

Medical Group Management Journal
|April 8, 1995
PubMed
Summary

Practice administrators can approximate physician activity costs using the Resource-Based Relative Value Scale (RBRVS). This method simplifies cost analysis for managed care environments, aiding financial assessments.

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Area of Science:

  • Health economics
  • Medical practice management
  • Healthcare finance

Background:

  • Increasing prevalence of managed care necessitates financial assessment tools for healthcare practices.
  • Traditional cost studies of physician activity can be resource-intensive and complex.
  • Accurate financial evaluation is crucial for determining the adequacy of negotiated rates and fee schedules.

Purpose of the Study:

  • To present a method for approximating the cost of physician activities.
  • To offer a practical alternative to comprehensive cost studies.
  • To support financial decision-making in managed care settings.

Main Methods:

  • Utilizing the Resource-Based Relative Value Scale (RBRVS) to identify the cost of relative values.
  • Developing an approximation method based on RBRVS data.
  • Applying the method for comparative analysis and financial planning.

Main Results:

  • Demonstration of a feasible method to approximate physician activity costs.
  • Identification of RBRVS as a viable tool for cost approximation.
  • Potential for simplified financial analysis in healthcare practices.

Conclusions:

  • The proposed method offers a more accessible approach to understanding physician activity costs.
  • RBRVS-based cost approximation can aid in evaluating managed care contracts.
  • This methodology supports fee schedule development and capitation payment allocation.