In: Nursing
1. What are APC groups? explain in detail
2. How are physician's paid? What are RBRVS? Explain the Physician Fee Schedule look-up tool.
3. List the Functions of the OCE
1. APC ( Ambulatory payment classification) groups:-
-APC is the US government method of paying for facility outpatient
services for the Medicare health program.
-It is part of the Federal Balanced Budget Act which create a new
Medicare OPPS(Outpatient Prospective payment system).
-APC are made to hospitals when outpatient is discharged or
transferred to another hospital.
2. RBRVS (The resource based relative value scale):-
-It is the physician payment system used by the Centers for
Medicare & Medicaid Services (CMS) and most other payers.
-It is based on principle that payments for physician services
should vary with the resource costs for providing those services
and is intended to improve and stabilize the payment system while
providing physicians an avenue to continuously improve it.
-In RBRVS payments are determined by the resource costs needed to
provide them.
FUNCTION OF OCE (Integrated Outpatient Code):-
-The software performs the following functions when processing a
claim:-
-Edits a claim for accuracy of submitted data
-Assigns CMS designated status indicators
-Assigns payment indicators
-Determines a claim disposition based on generated edits.