Estimating Physicians' Work for a Resource-Based Relative-Value Scale
- 29 September 1988
- journal article
- research article
- Published by Massachusetts Medical Society in New England Journal of Medicine
- Vol. 319 (13), 835-841
- https://doi.org/10.1056/nejm198809293191305
Abstract
We have developed a resource-based relative-value scale as an alternative to the system of payment based on charges for physicians' services. Resource inputs by physicians include (1) total work input performed by the physician for each service; (2) practice costs, including malpractice premiums; and (3) the cost of specialty training. These factors were combined to produce a relative-value scale denominated in nonmonetary units.Keywords
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