What Is the RUC, and Why Is It Important?
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What Is the RUC, and Why Is It Important?
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Listen up! In this episode of the OBGYN Business Podcast, Dr. Nihira chats with urogynecologist Mitch Schuster about the importance of understanding how medical services are valued. As a member of the American Medical Association's RUC (Relative Value Scale Update Committee), Dr. Schuster sheds light on the complexities of the healthcare system and the importance of understanding coding to capture the value of physicians' work.
They emphasize the significance of physicians' perspectives in decision-making around healthcare costs and innovation, particularly with CMS accounting for roughly 40% of all medical payments in the US.
If you want to know how doctors can negotiate for fair compensation and shape the future of healthcare, this podcast is a must-listen!