Geographic pricing cost index
Geographic Pricing Cost Index
Used along with Relative Value Units by Medicare to determine allowable payment amounts for medical procedures. There are multiple GPCIs: Cost of Living, Malpractice, and Practice Cost/Expence. These categories allow Medicare to adjust reimbursement rates to take into account regional and practice-specific factors.
The basic calculation for a Medicare allowed amount is:
Appropriate RVUs X Conversion Factor X Appropriate GPCIs
| See Also |
|---|
| Medicare (United States) |
| External Links |
|---|
| PlexisWeb Glossary Definition[1] |
| Centers for Medicare & Medicaid Services - Physician Fee Schedule Overview [2] |