Financial Risk-Sharing Contracts. To the extent permitted by state law, HMHP may enter into a Payor Contract under which HMHP and its Providers will accept financial risk for the delivery of Covered Services (“Risk Payor Contracts”). Risk Payor Contracts will be presented to the Practice, and Practice will have an Opt Out Election for each Risk Payor Contract. Participating Physicians shall participate in and faithfully perform the conditions of Risk Payor Contracts in which the Practice participates. If Practice does not provide an Opt Out Election for a Risk Payor Contract, any agreement between Practice and that Payor for the same Health Benefit Plans shall be superseded by HMHP’s Payor Contract, unless otherwise agreed by HMHP and the Payor.
Appears in 9 contracts
Samples: Participating Physician Practice Agreement, Participating Physician Practice Agreement, Participating Physician Practice Agreement
