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Accumen Relative Value Unit (RVU)™

Accumen’s Relative Value Unit (RVU) system enables you to communicate key business insights affecting the financial performance of your hospital laboratory.

In the busy world of hospitals and health systems, you often see cost metrics that don’t account for the procedure or mix of services provided. You need an advanced, easy to use, and easy to implement tool that enables you to accurately communicate test mix by functional department without the need for a software application. That’s where Accumen’s RVU system comes in. Accumen’s RVU system enables your organization to accurately communicate laboratory performance with ease and create improvement meaningful improvement initiatives within the laboratory.

Features

  • • Weighted RVUs for all laboratory tests, including consideration of pre-analytical (specimen), analytical, post-analytical processes, cost, and reimbursement
  • • Useful to all laboratory departments and to health system decision support

  • • Customizable – RVU datasets are provided in your preferred format (Microsoft Excel, SQL databases, JSON, and many more), and can be used in a variety of data analysis tools
  • • Up and running in less than a week
  • • Eight hours of training support included: additional training can be added if needed

Lab costs are directly related to test mix weights, just like acute care inpatient services

A test mix analysis is only way to accurately plan and assess your lab budget

Accurately forecast hospital lab reimbursement based on RVUs

Want to learn more about how to effectively capture and share your data?