Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
R
- Relative Value ScaleConceptRVS, Resource-Based Value Scale
- A system assigning a numerical value to each service reflecting its relative resource intensity, providing the structure for a standardised fee schedule.
- Resource-Based ValueTermResource-Cost Value, Input-Based Value
- A payment concept tying reimbursement to actual resources, such as time and skill, required for a service, rather than historical charges.