HCP’s Standing Fee Schedule Sample Clauses

HCP’s Standing Fee Schedule. HCP acknowledges that certain prospective Payors in the market may desire to review provider fee schedule proposals as the basis for constructing a fee schedule for a Product or otherwise entering into an arrangement with MPHO. If requested by MPHO, HCP shall furnish to MPHO, in advance, a fee schedule or conversion factor (e.g., a percentage of the Medicare Resource Based Relative Value Scale) that represents the minimum payment that HCP will accept from a Payor offering a Non-Risk or Risk Product arrangement (the "Standing Fee Schedule"). MPHO shall not release or otherwise disclose HCP’s Standing Fee Schedule to any third party other than a prospective Payor that has entered into negotiations with MPHO for a Non-Risk or Risk Product. By furnishing such fee schedule to MPHO, HCP hereby authorizes MPHO to bind HCP to participate in those arrangements between MPHO and a Payor whereby Payor accepts the terms of HCP’s fee schedule proposal or offers more favorable terms. A prospective Payor shall be entitled to submit a proposal to HCP which is lower or less favorable than the fee/rates proposed by HCP pursuant to his/her Standing Fee Schedule.
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Related to HCP’s Standing Fee Schedule

  • Minimum Customer Support Requirements for TIPS Sales Vendor shall provide timely and commercially reasonable support for TIPS Sales or as agreed to in the applicable Supplemental Agreement.

  • Salary Schedule The salaries of employees covered by this agreement are set forth in the salary schedule in Appendix A which is attached to and incorporated into this agreement.

  • VENDOR MANAGEMENT FEE Contractor shall pay to Enterprise Services a vendor management fee (“VMF”) of 1.25 percent on the purchase price for all Contract sales (the purchase price is the total invoice price less applicable sales tax). (a) The sum owed by Contractor to Enterprise Services as a result of the VMF is calculated as follows: Amount owed to Enterprise Services = Total Contract sales invoiced (not including sales tax) x .0125. (b) The VMF must be rolled into Contractor’s current pricing. The VMF must not be shown as a separate line item on any invoice unless specifically requested and approved by Enterprise Services. (c) Enterprise Services will invoice Contractor quarterly based on Contract sales reported by Contractor. Contractor is not to remit payment until Contractor receives an invoice from Enterprise Services. Contractor’s VMF payment to Enterprise Services must reference this Contract number, the year and quarter for which the VMF is being remitted, and Contractor’s name as set forth in this Contract, if not already included on the face of the check. (d) Contractor’s failure to report accurate total net Contract sales, to submit a timely Contract sales report, or to remit timely payment of the VMF to Enterprise Services, may be cause for Enterprise Services to suspend Contractor or terminate this Contract or exercise remedies provided by law. Without limiting any other available remedies, the parties agree that Contractor’s failure to remit to Enterprise Services timely payment of the VMF shall obligate Contractor to pay to Enterprise Services, to offset the administrative and transaction costs incurred by the State to identify, process, and collect such sums, the sum of $200.00 or twenty-five percent (25%) of the outstanding amount, whichever is greater, or the maximum allowed by law, if less. (e) Enterprise Services reserves the right, upon thirty (30) calendar days advance written notice, to increase, reduce, or eliminate the VMF for subsequent purchases, and reserves the right to renegotiate Contract pricing with Contractor when any subsequent adjustment of the VMF might justify a change in pricing.

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