Price structure and Contracts within GoodX
3. Billing sequences per discipline
3.2. What is unit type and RCV
As previously mentioned that all codes are divided into different categories what we call in GoodX the unit. Each category is given an RCF(Rand Conversion Factor)
RCF(Rand Conversion Factor)
A unit is allocated a monetary value. A different monetary value is allocated to each unit, based on whether it is a clinical procedure unit, consultative unit, anesthetic unit, etc
The monetary value for a service is calculated by multiplying the RVU with the RCF.
So in this example above the RVU value is 14 and the RCF is 13.1912
14 X 13.1912 = 184.70