Common use of General Parameters Clause in Contracts

General Parameters.  Implementation Contractor - CMS has contracted with an independent contractor to calculate retrospective performance payments. The Implementation Contractor will: o Determine whether Medicare savings calculated above meet the minimum savings requirements outlined in this section; o Calculate the amount available for retrospective performance payments to the State; and o Calculate the amount of the retrospective performance payment to the State based on the State’s quality performance.  Retrospective Performance Payment Guidelines - Once Medicare savings are determined according to the calculation above, Colorado will have the opportunity to earn a retrospective performance payment. o The savings calculated must meet a Medicare Minimum Savings Rate (MSR) before any savings can be shared with the State. o In order to receive a retrospective performance payment, the State must meet the quality requirements as outlined in Appendix 7. o The State will not be at risk for Medicare cost increases during the Demonstration. However, increased Medicare costs may trigger corrective action or termination. o Retrospective performance payments made to States under this Demonstration are Federal funds and may not be used as the non- Federal share of Medicaid payments for matching purposes.

Appears in 2 contracts

Samples: www.cms.gov, hcpf.colorado.gov

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General Parameters. Implementation Contractor - CMS has contracted with an independent contractor to calculate retrospective performance payments. The Implementation Contractor will: o Determine whether Medicare savings calculated above meet the minimum savings requirements outlined in this section; o Calculate the amount available for retrospective performance payments to the State; and o Calculate the amount of the retrospective performance payment to the State based on the State’s quality performance. Retrospective Performance Payment Guidelines - Once Medicare savings are determined according to the calculation above, Colorado will have the opportunity to earn a retrospective performance payment. o The savings calculated must meet a Medicare Minimum Savings Rate (MSR) before any savings can be shared with the State. o In order to receive a retrospective performance payment, the State must meet the quality requirements as outlined in Appendix 7. o The State will not be at risk for Medicare cost increases during the Demonstration. However, increased Medicare costs may trigger corrective action or termination. o Retrospective performance payments made to States under this Demonstration are Federal funds and may not be used as the non- Federal share of Medicaid payments for matching purposes.

Appears in 1 contract

Samples: www.cms.gov

General Parameters. Implementation Contractor - CMS has contracted with an independent a contractor to calculate retrospective performance payments. The Implementation Contractor will: o Determine whether Medicare savings calculated above meet the minimum savings requirements outlined in this section; o Calculate the amount available for retrospective performance payments to the State; and o Calculate the amount of the retrospective performance payment to the State based on the State’s quality performance. Retrospective Performance Payment Guidelines - Once Medicare savings are determined demonstrated according to the calculation above, Colorado Washington will have the opportunity to earn a retrospective performance payment. o The savings calculated must meet a Medicare Minimum Savings Rate (MSR) before any savings can be shared with the State. o In order to receive a retrospective performance payment, the State must meet the quality requirements as outlined in Appendix 7. o The State will not be at risk for Medicare cost increases during the Demonstration. However, increased Medicare costs may trigger corrective action or termination. o Retrospective performance payments made to States under this Demonstration are Federal funds and may not be used as the non- Federal share of Medicaid payments for matching purposes.

Appears in 1 contract

Samples: www.cms.gov

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General Parameters.  Implementation Contractor - CMS has contracted with an independent a contractor to calculate retrospective performance payments. The Implementation Contractor will: o Determine whether Medicare savings calculated above meet the minimum savings requirements outlined in this section; o Calculate the amount available for retrospective performance payments to the State; and o Calculate the amount of the retrospective performance payment to the State based on the State’s quality performance.  Retrospective Performance Payment Guidelines - Once Medicare savings are determined demonstrated according to the calculation above, Colorado Washington will have the opportunity to earn a retrospective performance payment. o The savings calculated must meet a Medicare Minimum Savings Rate (MSR) before any savings can be shared with the State. o In order to receive a retrospective performance payment, the State must meet the quality requirements as outlined in Appendix 7. o The State will not be at risk for Medicare cost increases during the Demonstration. However, increased Medicare costs may trigger corrective action or termination. o Retrospective performance payments made to States under this Demonstration are Federal funds and may not be used as the non- Federal share of Medicaid payments for matching purposes.

Appears in 1 contract

Samples: www.cms.gov

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