What Are RVUs? This is How Doctors Are Paid💸

Have you ever wondered how doctors are paid or why some doctors make more than others? The answer is RVUs. Relative Value Units are used by Medicare and insurance companies to determine how much a physician is paid for their services based on time spent with a patient. 💸
Learn about the different types of RVUs, how RVUs are calculated, and the pros and cons of this system.
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TIME STAMPS:
00:00 Introduction
00:18 What Are RVUs?
00:37 Work RVUs
01:15 Practice Expense RVUs
01:32 Malpractice RVUs
02:03 The Creation and Update of RVUs
03:02 How Are RVUs Calculated?
04:06 Routine Primary Care Visit
05:23 Intensive Surgery
06:59 The Pros and Cons of an RVU System
09:53 Choosing the Best Path for You
LINKS FROM VIDEO:
So You Want To Be Playlist • So You Want to Be
Search The Physician Fee Schedule www.cms.gov/medicare/physicia...
#medicalschool #medicalcareer #premed
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Disclaimer: Content of this video is my opinion and does not constitute medical advice. The content and associated links provide general information for general educational purposes only. Use of this information is strictly at your own risk. Kevin Jubbal, M.D. and Med School Insiders LLC will not assume any liability for direct or indirect losses or damages that may result from the use of information contained in this video including but not limited to economic loss, injury, illness or death. May include affiliate links to Amazon. As an Amazon Associate, I may earn a commission on qualifying purchases made through them (at no extra cost to you).

[@MedSchoolInsiders]

Should we make a fee-for-service vs value-based care video? Let us know what other topics you want in the comments. ⬇

[@casafabulosa-abc]

Can you make a so you want to be video about pediatric cardiothorasic surgeons or about pediatric surgery I’m such a fan and love your work 😊😊 keep going and please try to make a pediatric cardiothorasic surgeon video thankyou 🙏🙏🙏

[@adegun10]

We need to see this!

[@JavierMartinez-du7ww]

as a family medicine resident physician, my attendings always tell us “you’ll learn the business later”….I think if they taught us the business while teaching us the medicine, we would actually understand what we were doing and deliver a better service for our patients! I don’t understand why this has to be such a taboo topic in medicine. It seems like everyone wants to be so shady about it. Please continue delivering us content about these things, this is super helpful! Thank you!

[@lucascofell4680]

Are we sure it’s not better to just keep the public and young people profession completely in the dark? I’ve always found it better when 3 people make decisions with zero accountability. That’s why our residency funding system has been perfect for so long!

[@thefenerbahcesk4156]

You make it sound like the physician is being a bad teacher by not "teaching you the business." It's actually the opposite. He understands med students are super busy and doesn't want us to waste our time with "the business" instead of learning medicine. Unfortunately because of you're complaining, that family medcine physician might not be as nice to future med studets. You're giving me vibes of one of those insufferable med students who gets mad when they get told to leave early for night shifts, or brings up stupid garbage to admin about how we should have training for a bunch of random nonmedical stuff like finance, SDOH, etc, thereby making your classmates lives worse with idiotic assignments. If you wanna learn about "the business," do it on your own time with videos like this.

[@Alex-cw4xp]

@@thefenerbahcesk4156OP is a resident. Not a student.

[@Alex-cw4xp]

⁠@@thefenerbahcesk4156OP is a resident, not med student. Definitely should be learning the business of medicine from their attending.

[@carlocastillo1036]

Now this is content!!! Speaking about the topics of business in medical is what is needed. Please produce more

[@ianhowe3269]

Please make that follow up video on the trend to value based care and how that will work and what factors will impact pay for different physicians and specialties. Thanks!

[@claytonstacey]

Yeah please do a video on value based care

[@grafkirk]

Love this - we should definitely get more resources like this out there! You should do one on value based care and direct primary care

[@JavierMartinez-du7ww]

YES PLEASE!!! would love to know how much PCP’s get reimbursed per visit, how ICD-10 codes affect their pay, all that

[@greensoccer8123]

Excellent video, Dr. Jubbal! I’ve been watching your videos since high school. Next month, I’m starting medical school, and I owe a lot of success to your YT videos. Thank you for all you do, and please continue making videos like this one about how our healthcare system works! I’d love to see a video on value-based care!

[@MedSchoolInsiders]

Love reading comments like these. Congrats!!

[@JiyutoSeigi]

An important and terribly useful video! Physician compensation is way too opaque. Thanks!

[@IgorDeoliMD]

This video is GOLD! One of the most important videos so far. Thank you.

[@raisedincalifornia1828]

World definitely love your take on value-based care. I’ve taken several courses on it and I think your approach would be fascinating.

[@codyc5238]

Would definitely love a video on how value-based care is determined!

[@marinakhalil9382]

thank you so much for the incredible information of this video. i would love to see a video about value based care!!

[@wholeNwon]

From your very good discussion of the topic, many might think that the reimbursement system is relatively simple and fair. Others, I among them, don't think so. Earlier this year I had occasion to inquire about a scan to be performed at one of our major medical centers, a 1000 bed teaching hospital. The insurance reimbursement to the hospital was approx. $1200. If the same study were to be performed on an uninsured pt. who would be expected to pay from his own resources, the charge would have been $16,000. When I asked my surgeon, an employee of the hospital, whether he knew what the private-pay charge was for that study, he said that he had heard it was about $64,000. So, even he was clueless. The CEO of the same hospital is paid $2.3 million/yr. exclusive of bonuses.

[@imgood2023]

A video on value based care would be great!

[@supernoma6627]

I would love to learn more about value based care!

[@katttdo]

Great video!!

[@DrS3ad]

Compared to what financial and business consultants make. Especially that what a physician is providing, considering the similarities in the concept of services. Physicians are compensated less …

[@matthewmeyers5387]

I know you get tons of comments requesting Oncology, but I feel obligated to ask for one as well. Please do Oncology!

[@mahdi0275dh]

Hi Dear, Your videos are awesome, btw I don't know how to choose my career in Health care. If you make a video in general I think it will be great.

[@fransinigiraldo4695]

Please do VBC 🙏🏼🙏🏼🙏🏼🙏🏼 we need this info and thanks for this valuable video

[@joshiahphillips9219]

Please please make the value base care vid

[@TheAlmightyMinecraftDoggo]

Hi! Can you make a video about BSMD programs? Thank you

[@bigric674]

Its pretty cool how you have diverse characters in your videos. Some other creators lack this and think all physicians come in only one shade.

[@MedSchoolInsiders]

Thank you! It's something we take great care in portraying.

[@im.empimp]

I'm a veteran who gets care through the VA. I don't have any CPT codes in my medical records, but of course, most of my doctors are full-time VA employees, so they're salaried. fwiw: I have personally been extremely impressed with the vast majority of medical care that I've gotten from the VA. Mental health care, not so much. That's not to say the medical care has been perfect, but it really has been quite good.

[@reddbendd]

If you want good mental health care, go to a stand-alone psychiatric hospital. I recommend inpatient whether it’s a serious issue or not, as it’s usually not worth waiting for an outpatient appointment. But it can be hard to get into an inpatient facility if you’re not actively experiencing psychotic symptoms

[@hraza2222]

Would love to see a "so you want to be a pulmonary and Critical Care physician"

[@marcysnyder2060]

I’m interested in how this produces very different incomes across different specialties in the US. How do other countries pay their physicians? It seems to me that most other places not only pay their physicians less, but that there’s less variability in physician pay across specialties.

[@adegun10]

This video is gasssss

[@jrzeger]

Could you do a so you want to be a CRNA please?

[@Rainbowofthefallen]

Just commenting for the algorithm 💜

[@victorspitz9765]

M2 here… first time hearing about this.. thank you !! Please make more vids about this for the sake of our education! 😅

[@Fraciencwa94]

Are you still practicing because I'd love to have you around my rotations. PGY-6 Neurosurgery

[@Seltonik]

He quit residency years ago.

[@MedSchoolInsiders]

I cover why I quit plastics and more of my journey over on my personal channel: kzbin.info

[@justwatchvideos11]

Can you cover optometry in detail please.

[@jlgtco97]

Those are not medical doctors which what he covers.

[@justwatchvideos11]

He’s covered dentists, nurse practitioners, physician associates as well. You might wanna check out his entire channel bud. 😉

[@jlgtco97]

@@justwatchvideos11oh wow I didn’t know that! I only watched the important videos for MDs! Not the irrelevant ones.

[@justwatchvideos11]

@@jlgtco97 uhh in that case I suggest you go back to pre med school and learn to refrain from making statements without due scientific research, part of which is also accurate data collection.

[@justwatchvideos11]

@@jlgtco97 dude I cant wait for your first day of rotations and a nurse to come and show you your position. And if you would’ve watched the relevant stuff on this channel you woulda realised how many times he says your ego is not what you should do med for. Btw I’m an ophthalmologist, a medical doctor as some would say and wanted an optometry video so people understand the difference between the two.

[@dr.sungod2129]

My boy Kevin sounding different

[@MedSchoolInsiders]

🤔 was still me, wonder what was different

[@princekarl4279]

Was wondering same. Is it A.I Kevin??

[@MedSchoolInsiders]

​@@princekarl4279 All Med School Insiders videos are still recorded by Dr. Jubbal. It's a lengthy process, but we believe it's worth it!

[@princekarl4279]

@@MedSchoolInsiders gotcha👍

[@tune.upzander]

please do “So you want to be a Physical Therapist” !!!❤

[@alirezvanimehr]

More videos

[@user-qi5ii2dj4r]

First 🙌🏻

[@b1gbr0th3r8]

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