Outcomes-Based Contracts with Other Purchasers. 1. CMS may require the ACO to report to CMS, in a manner and by a date determined by CMS, information regarding the scope of outcomes-based contracts held by the ACO and/or its Next Generation Participants with non- Medicare purchasers. For purposes of this provision, outcomes-based contracts mean contracts that evaluate patient experiences of care, include financial accountability (e.g., shared savings or financial risk) and/or quality performance standards. 2. Notwithstanding other sections of this Agreement, failure to comply with Section VII.B.1 may result in CMS imposing appropriate remedial actions under Section
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Samples: Next Generation Aco Model Participation Agreement, Next Generation Aco Model Participation Agreement, Next Generation Aco Model Participation Agreement
Outcomes-Based Contracts with Other Purchasers.
1. CMS may require the ACO to report to CMS, in a manner and by a date determined by CMS, information regarding the scope of outcomes-based contracts held by the ACO and/or its Next Generation Participants with non- Medicare purchasersPurchasers. For purposes of this provision, outcomes-based contracts mean contracts that evaluate patient Beneficiary experiences of care, include financial accountability (e.g., shared savings or financial risk) and/or quality performance standards.
2. Notwithstanding other sections of this Agreement, failure to comply with this Section VII.B.1 VII.B.2 may result in CMS imposing appropriate remedial actions under SectionSection XIX.A but shall not be cause for CMS to terminate this Agreement.
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