Common use of 1999 and 2000 Pharmacy Budget Clause in Contracts

1999 and 2000 Pharmacy Budget. Each year the Pharmacy Budget shall be adjusted according to the aggregate PEMPM dollar change experience by those participating physician groups comprising the top third of the lowest PEMPM normalized pharmacy costs and the percentage set forth below. Such adjustment shall occur prior to calculating the final settlement for the Pharmacy Reconciliation, as set forth in this Addendum. Any Calculation of the normalized pharmacy costs shall be based upon actual claims. The top third calculation shall be weighed by eligible Member months. Pharmacy Budget Year Percent Difference 1998 *** 1999 *** 2000 ***

Appears in 3 contracts

Samples: Dental Services (Prospect Medical Holdings Inc), Provider Services Agreement (Prospect Medical Holdings Inc), Provider Services Agreement (Prospect Medical Holdings Inc)

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1999 and 2000 Pharmacy Budget. Each year the Pharmacy Budget shall be adjusted according to the aggregate PEMPM dollar change experience by those participating physician groups comprising the top third of or the lowest PEMPM normalized pharmacy costs and the percentage set forth below. Such adjustment shall occur prior to calculating the final settlement for the Pharmacy Reconciliation, as set forth in this Addendum. Any Calculation of the normalized pharmacy costs shall be based upon actual claims. The top third calculation shall be weighed by eligible Member months. Pharmacy Budget Year Percent Difference 1998 *** 1999 *** 2000 ***

Appears in 1 contract

Samples: Group Provider Services Agreement (Prospect Medical Holdings Inc)

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