Common use of Out-of-Network Professional Fund Surplus Clause in Contracts

Out-of-Network Professional Fund Surplus. For any Agreement Year in which the POS Out-of-Network Professional Budget exceeds the POS Out-of-Network Professional Expenses, IPA shall be entitled to *** of the POS Out-of-Network Professional Fund surplus, minus any POS Out-of-Network Professional Fund or POS Out-of-Network Institutional Fund deficit carried forward from a previous Agreement Year.

Appears in 2 contracts

Samples: Provider Agreement (Prospect Medical Holdings Inc), Shared Savings Provider Agreement (Prospect Medical Holdings Inc)

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Out-of-Network Professional Fund Surplus. For any Agreement Year in which the POS Out-of-Network Professional Budget exceeds the POS Out-of-Network Professional Expenses, IPA shall be entitled to *** of the POS Out-of-Network Professional Fund surplus, minus any POS Out-of-Network Professional Fund or POS Out-of-Network Institutional Fund deficit carried forward from a previous Agreement Year. However, Group’s share of the POS Out-of-Network Professional Fund surplus for any Agreement Year shall be limited to *** of the Capitation paid to Group for POS Members in that Agreement Year.

Appears in 1 contract

Samples: Agreement (Prospect Medical Holdings Inc)

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Out-of-Network Professional Fund Surplus. For any Agreement Year in which the POS Out-of-Network Professional Budget exceeds the POS Out-of-Network Professional Expenses, IPA shall be entitled to *** 100% of the POS Out-of-of- Network Professional Fund surplus, minus any POS Out-of-Network Professional Fund or POS Out-of-Network Institutional Fund deficit carried forward from a previous Agreement Year.

Appears in 1 contract

Samples: Savings Provider Agreement (Prospect Medical Holdings Inc)

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