A dollar value to 4 decimal places used as a multiplier by HCFA when calculating reimbursement rates. The CF is updated annually to allow for inflation. Many payors will base their reimbursement rates on a CF slightly different from Medicare's but maintain the other multipliers.
a ratio of equivalent units used to express the relationship between quantities expressed in different units.
A conversion factor is a fraction that relates one unit to another. Multiplying a measurement by a conversion factor changes the units of the measurement. For example, since 1 in = 2.54 cm, to convert 10 inches to centimeters, (10 in) 2.54 cm 1 in= 25.4 cm
factor by which a quantity that is expressed in one set of units must be multiplied in order to convert it into another set of units
a number that, if multiplied by a value expressed in terms of one unit, will produce the equivalent value ex-pressed in terms of a different unit
a ratio derived from the equality between two different units that can be used to convert from one unit to the other
a ration of one unit to another
The conversion factor indicates the amount of absorption when the irradiation is vertical to the collector surface, when the collector temperature is equal to the ambient temperature.
A unique value used to convert one unit (e.g. acres) to another appropriate unit (e.g., hectares).
A co-efficient used, in this case, to convert units to mass.
A number that translates units of one system into corresponding values of another system. Conversion factors can be used to translate physical units of measure for various fuels into Btu equivalents.
A generic term for factors which are used to translate a material flow expressed within one measurement system into another one. For example, a combination of two conversion factors—“ yield factors†and “ equivalence factorsâ€â€” translates hectares into global hectares. The extraction rate conversion factor translates a secondary product into primary product equivalents.
Ratio between the economic price value and the financial price value for a project output or input, which can be used to convert the constant price financial values of project benefits and costs to economic values. Conversion factors can also be applied for groups of typical items, such as, petrochemicals or grains; and for the economy as a whole, as in the standard conversion factor or shadow exchange rate factor.
A number that translates units of one system of measure into corresponding values of another system of measure.
A standard dollar value that converts Relative Value Units (RVUs) to dollar amounts. The RVUs for each service are multiplied by the conversion factor to produce a fee schedule amount for that service. This is typically used to establish fees for physician services.
The dollar amount used to multiply the Relative Value Schedule (RVS) of a procedure to arrive at the maximum allowable for that procedure.
National dollar multiplier, which sets the allowance for the relative values; a constant. Back to the top of the page
a simple equation that can be used to do unit conversions.
The factor required to change MCF to a Dekatherm (DTH). Suppliers may deliver natural gas in units of Dekatherm, and a gas meter measures in MCF.