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TeachMeFinance.com - explain Resource-Based Relative Value Scale Resource-Based Relative Value Scale The term 'Resource-Based Relative Value Scale ' as it applies to the area of Medicare in the United States can be defined as ' A scale of national uniform relative values for all physicians' services. The relative value of each service must be the sum of relative value units representing physicians' work, practice expenses net of malpractice expenses, and the cost of professional liability insurance'. Previous 5 Terms: Resource Conservation and Development Program (RC and D) Resource Conservation and Recovery Act (1976, 1984) (RCRA) Resource Conservation and Recovery Act (RCRA) Resource Management Plan Resource Management Plan (RMP) Next 5 Terms: Resources (Coal) respiration respiration respirometer Respite Care About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.