Incentive Payment Pool and PAU Savings Sample Clauses

Incentive Payment Pool and PAU Savings. (a) The Hospital may make Incentive Payments for each Performance Period to one or more Care Partners for a CRP Track only if ±
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Incentive Payment Pool and PAU Savings. The Hospital may make Incentive Payments for each Performance Period to one or more Care Partners for a CRP Track only if – The HSCRC has determined an Incentive Payment Pool for the CRP Track; and The Incentive Payment is made pursuant to a Care Partner Arrangement that complies with section 6.3 of this Agreement. The HSCRC shall calculate PAU Savings using a methodology that has been approved by CMS in accordance with section 9.d of the State Agreement, which is set forth in the CRP Hospital’s Approved Track Implementation Protocol. In a form and manner determined by the HSCRC and by the deadline specified in the CRP Calendar, the HSCRC shall notify the Hospital of its PAU Savings and Incentive Payment Pool for the relevant CRP Track and Performance Period. The Hospital shall not distribute an Incentive Payment to a Care Partner participating in a CRP Track until the HSCRC has notified the Hospital of the relevant Incentive Payment Pool. If the Hospital contests the Incentive Payment Pool in accordance with paragraph (f) of this section 3.8, below, the Hospital shall not distribute any Incentive Payments to any Care Partner participating in the relevant CRP Track until the Incentive Payment Pool is deemed final in accordance with paragraph (f)(iii) of this section 3.8. The Hospital shall not distribute an Incentive Payment to a Care Partner until the Care Partner has reported the number of Allowable CRP Interventions it performed during the Performance Period, or portion thereof, for which the Incentive Payment is calculated. For any CRP Track, the aggregate amount of Incentive Payments distributed by the Hospital in the Performance Period must not exceed the Incentive Payment Pool for that CRP Track.
Sample 1

Related to Incentive Payment Pool and PAU Savings

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  • Retirement Payment Employees with 25 or more total years of service in the program, who give two months’ notice of intent to retire, shall be provided the equivalent of 16% of annual salary, or $16,000, whichever is greater, at date of termination. The payment shall not exceed $20,000.

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