2024 Rvu Values Synonym. The medicare physician fee schedule relative value unit (rvu) for any given code is divided into three components: Work, practice, expense and liability relative value units (rvus) are updated annually through the centers for medicare and medicaid services’ medicare physician fee schedule (pfs).

Medicare physician fee schedule rates effective january 1, 2024, through march 8, 2024. It is composed of resource costs associated with physician.