Exit Strategies for Senior Residents-Foundations of Medical Reimbursement

Video Transcription

Video Summary

In this video, the speaker discusses the importance of understanding coding and reimbursement in the medical field, particularly for graduating senior residents who are starting to look for jobs. The speaker emphasizes the need to determine one's value when negotiating job offers and explains the importance of knowing the language of coding and understanding procedures and their corresponding codes. The speaker also discusses the role of the Resource-Based Relative Value Scale (RBRVS) and the RUC (RVRVS Update Committee) in determining the value of codes and how they impact reimbursement. The speaker mentions the importance of filling out surveys to help determine code value and discusses the potential future changes in reimbursement, such as the move from fee-for-service to bundled payments and the focus on quality indicators in healthcare. The speaker urges viewers to learn the language of coding, get involved in organizations like the AMA and state neurosurgical societies, and advocate for their interests in order to maintain access to care for patients.

Asset Subtitle

Presented by John K. Ratliff, MD, FAANS, FACS

Keywords

coding

reimbursement

job offers

procedures

code value

healthcare

patient care