iRVU Overview

Post on 17-Dec-2014

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iRVU – Hospital Edition

e-MedTools.com

What are RVUs?

Relative Value Units (RVUs) Developed by the Center for Medicare and

Medicaid Services to compare the “value” of medical services

An RVU value is assigned to all medical services

Most physicians are paid on the basis of RVUs!

So that is why we made this app! iRVU

Portable RVU Log Tallies RVUs and

charges

Free

Available for iPhone, iPad, and Android

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What services are included? Inpatient Services

Initial Evaluation (H&P)

Observation services

Consults Follow up Critical care Prolonged services Discharge services

How do I use iRVU?

Click the iRVU icon on your app launcher

The launcher may look different on some Android phones, but the iRVU icon will be the same

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Select the service provided… Select the service

you provided from the list

Scroll down on your phone to see the full list

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Enter the number of services provided…

Enter the number of times you provided that service

Use the on screen keypad or keyboard to enter data

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Review your statistics…

Total Encounters

Total RVUs

RVUs/Encounter

Total Charges

Charges/Encounter

That is all you need to do!1. Start iRVU Code Check2. Select the type of service3. Enter the number of services

provided4. Review your stats

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What can I do with this info? Track your RVUs so you can estimate how

much your RVU based pay should be.

For Example You get paid $50 per RVU per month In October, you generated 400 RVUs Your RVU based pay should be▪ $50 x 400 = $20,000

▪ Of course, you will need to know how your RVU based pay is calculated to estimate this!

What else can I do with this info? Compare your

stats Colleagues Benchmarks

(MGMA)

You may identify Areas for improved

billing and coding Missed revenue

Where to get iRVU

iPhone & iPad iTunes App Store

Android Phones Android Marketplace

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