Chargemaster Updates Sample Clauses

Chargemaster Updates. Each Contracted Provider shall provide Payor with at least sixty (60) days written notice prior to the effective date of any increase to the Contracted Provider’s Chargemaster (“Chargemaster Increase”). Such written notice shall include the effective date of the Chargemaster Increase and the percentage increase (the “Chargemaster Increase Percentage”) for each of the following categories: (i) inpatient charges, (ii) outpatient charges, and (iii) all charges (i.e., the aggregate percentage increase for both inpatient and outpatient charges). Payor and each Contracted Provider agree that, with respect to payments made hereunder by Xxxxx under an Allowable Charges reimbursement methodology, the combined Chargemaster Increases for each consecutive twelve-month period during the term of this Attachment will not exceed three percent (3%) (the “Chargemaster Limit”). Where the combined Chargemaster Increases for a specific Covered Service exceed the Chargemaster Limit during such time period, payment for such Covered Services will not be increased by the combined Chargemaster Increases, but will instead be increased by the percentage represented by the following formula, rounded to the second decimal point: (Current Percentage of Allowable Charges – 3%) (1 + Chargemaster Increase Percentage) Payor will give written notice to the Contracted Provider of any adjustments to payments made pursuant to the above, along with supporting calculations, and such adjustments will be effective as of the effective date of the Chargemaster Increase that causes the total Chargemaster Increases for the applicable consecutive twelve-month period to exceed the Chargemaster Limit. The Contracted Provider shall provide Payor with a copy of the Contracted Provider’s Chargemaster in a mutually agreed upon format at the following times: (i) as of the Effective Date of this Agreement, (ii) within sixty (60) days of the Contracted Provider’s notice to Payor of any Chargemaster Increase, and (iii) at any time upon Xxxxx’s written request. If at any time Payor determines, based on review of the Chargemaster and/or claims or other data, that (a) the Contracted Provider has failed to provide written notice of a Chargemaster Increase as required above, or (b) the Chargemaster Increase Percentage for which Payor received notice from the Contracted Provider was not the Chargemaster Increase Percentage implemented by the Contracted Provider, Payor may retroactively adjust payments to the Contracted...
Sample 1
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Chargemaster Updates. Each Contracted Provider shall provide Payor with at least sixty (60) days written notice prior to the effective date of any increase to the Contracted Provider’s Chargemaster (“Chargemaster Increase”). Such written notice shall include the effective date of the Chargemaster Increase and the percentage increase (the “Chargemaster Increase Percentage”) for each of the following categories: (i) inpatient charges, (ii) outpatient charges, and (iii) all charges (i.e., the aggregate percentage increase for both inpatient and outpatient charges). Payor and each Contracted Provider agree that, with respect to payments made hereunder by Payor under an Allowable Charges reimbursement methodology, the combined Chargemaster Increases for each consecutive twelve-month period during the term of this Attachment will not exceed three percent (3%) (the “Chargemaster Limit”). Where the combined Chargemaster Increases for a specific Covered Service exceed the Chargemaster Limit during such time period, payment for such Covered Services will not be increased by the combined Chargemaster Increases, but will instead be increased by the percentage represented by the following formula, rounded to the second decimal point: (Current Percentage of Allowable Charges – 3%)
Sample 1

Related to Chargemaster Updates

  • Updates “Updates” are changes that do not require a change to the established Centralized Contract terms and conditions. Updates may include: Centralized Contract changes and updates made in accordance with the previously approved pricing formula (e.g. discount from list price); adding new products or services within the established, previously approved pricing structure; lowering pricing of products or services already on Contract, deleting products or services available through the Centralized Contract, adding product or service that do not fall under the previously established price structure or discounts under the Contract, re-bundled products, and other updates not listed above that are deemed to be in the best interest of the State and do not result in a change to the established Centralized Contract terms and conditions. Updates must be submitted to OGS for review, and must be accompanied by a justification of reasonableness of price if the change results in a change in pricing methodology. OGS will notify Contractor in writing if approved.

  • Deposit Updates Unless otherwise provided by the license agreement, Depositor shall update the deposit materials within 60 days of each release of a new version of the product which is subject to the license agreement. Such updates will be added to the existing deposit. All deposit updates shall be listed on a new Exhibit B and the new Exhibit B shall be signed by Depositor. Each Exhibit B will be held and maintained separately within the escrow account. An independent record will be created which will document the activity for each Exhibit B. The processing of all deposit updates shall be in accordance with Sections 1.2 through 1.6 above. All references in this Agreement to the deposit materials shall include the initial deposit materials and any updates.

  • Enhancements No Enhancement shall be provided in respect of any Series of Notes, nor will any Enhancement Provider have any rights hereunder, as third-party beneficiary or otherwise, unless the Servicer has provided its prior written consent to such Enhancement, such consent not to be unreasonably withheld.

  • Product Changes Vocera shall have the right, in its absolute discretion, without liability to End User, to update to provide new functionality or otherwise change the design of any Product or to discontinue the manufacture or sale of any Product. Vocera shall notify End User at least 90 days prior to the delivery of any Product which incorporates a change that adversely affects form, fit or function (“Material Change”). Vocera shall also notify End User at least 90 days prior to the discontinuance of manufacture of any Product. Notification will be made as soon as reasonably practical for changes associated with regulatory or health and safety issues.

  • Upgrades If this copy of the Software is an upgrade from an earlier version of the Software, it is provided to you on a license exchange basis. You agree by your installation and use of such copy of the Software to voluntarily terminate your earlier XXXX and that you will not continue to use the earlier version of the Software or transfer it to another person or entity unless such transfer is pursuant to Section 3.

  • Corrections There may be information on the Site that contains typographical errors, inaccuracies, or omissions, including descriptions, pricing, availability, and various other information. We reserve the right to correct any errors, inaccuracies, or omissions and to change or update the information on the Site at any time, without prior notice.

  • IBM Credit may in its sole discretion from time to time decide the amount of credit IBM Credit extends to Customer, notwithstanding any prior course of conduct between IBM Credit and Customer. IBM Credit may combine all of its advances to make one debt owed by Customer.

  • Schedule Updates the Contractor agrees to maintain the Work duration schedule updates on an ongoing basis and, when the County requests it, include the updates in its payment request. The Contractor may be required to submit a narrative report with each monthly update which shall include a description of current and anticipated problem areas, delaying factors and their impact, and an explanation of corrective action taken or proposed. Failure to do so may be considered a material breach of the Contract. Any additional or unanticipated costs or expense required to maintain the schedules shall be solely the Contractor’s obligation and Contractor agrees not to charge the County.

  • Information Updates During the term of this Agreement the Trust shall have the ongoing obligation to provide UMBFS with the following documents as soon as they become effective: (i) certified copies of all amendments to its Declaration of Trust and By-laws made after the date of this Agreement; and (ii) a copy of each Fund’s currently effective Prospectus. For purposes of this Agreement, UMBFS shall not be deemed to have notice of any information contained in any such Prospectus until a reasonable time after it is actually received by UMBFS.

  • Licensed Software Computer program(s) provided by Contractor in connection with the Deliverables, subject to Section 14 of this Contract.

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