How do fee schedules, RVUs, and the conversion factor influence Medicare reimbursement?

• A. RVUs assign relative value to work, practice expense, and malpractice; conversion factor converts RVUs into dollar amounts; fee schedules list allowed payments.
• B. RVUs determine patient co-pays; conversion factor sets service times; fee schedules set all CPT codes.
• C. They are used only for private plans; Medicare does not use RVUs.
• D. They control provider licensure; conversion factor sets license renewal fees.

Answer: (B)