Deferred Settlement. 1. At its sole discretion, CMS may offer the ACO the option to defer settlement for a period not to exceed 180 Days (“Deferred Settlement”). The ACO shall make any such selection in a form and manner and by a deadline specified by CMS. 2. As a condition of Deferred Settlement, CMS may require the ACO, by a date determined by CMS, to increase the amount and duration of its financial guarantee under Section 12.05 in an amount and for a duration determined by CMS.
Appears in 6 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
Deferred Settlement. 1. At its sole discretion
(a) The ACO may elect, CMS may offer the ACO the option in a manner and by a date specified by CMS, to defer settlement for a period not to exceed 180 Days days (“Deferred Settlement”). The ACO shall make any such selection in a form and manner and by a deadline specified by CMS.
2. (b) As a condition of Deferred Settlement, CMS may require the ACO, ACO to increase the amount of its financial guarantee under Section XIV.D in an amount and by a date determined by CMS, to increase the amount and duration of its financial guarantee under Section 12.05 in an amount and for a duration determined by CMS.
Appears in 4 contracts
Samples: Next Generation Aco Model Participation Agreement, Next Generation Aco Model Participation Agreement, Next Generation Aco Model Participation Agreement
Deferred Settlement. 1. At its sole discretion(a) The ACO may elect, CMS may offer the ACO the option in a manner and by a date specified by CMS, to defer settlement for a period not to exceed 180 Days days (“Deferred Settlement”). The ACO shall make any such selection in a form and manner and by a deadline specified by CMS.
2. (b) As a condition of Deferred Settlement, CMS may require the ACO, ACO to increase the amount of its financial guarantee under Section XIV.D in an amount and by a date determined by CMS, to increase the amount and duration of its financial guarantee under Section 12.05 in an amount and for a duration determined by CMS.
Appears in 2 contracts
Samples: Next Generation Aco Model Participation Agreement, Participation Agreement (Apollo Medical Holdings, Inc.)
