Payment Review Information Clause Samples
The Payment Review Information clause outlines the process and requirements for reviewing payment-related documents and records. Typically, this clause grants one party the right to access invoices, receipts, or other financial records to verify the accuracy of payments made under the agreement. By establishing clear procedures for payment review, the clause helps ensure transparency and accountability, reducing the risk of disputes over payment amounts or timing.
Payment Review Information. The MCO shall identify aggregate payment information for specific Provider categories and assess the information as to how it compares to FFS payment information. As part of the assessment the MCO will also be expected to provide an explanation of the basis for how the Provider category payment was determined. The STATE will provide the Provider categories and the template for this report sixty (60) days in advance of the report’s due date. The first report will be due March 15, 2017, and thereafter no later than February 1 of the Contract Year.