Performance Measures and Incentive Payment Structure. Contractor performance shall be calculated based on care delivered during the calendar year. Incentive payments after calendar year 2017, may be conditioned upon Contractor substantially maintaining or improving Contractor’s outcome on that individual measure from the previous year. Measures will be paid based on custom specifications and performance as determined by FSSA. Contractor shall submit information to FSSA, in the format and detail specified by FSSA, with respect to each performance measure set forth below. Any data received after the required submission date will not be eligible for an incentive payment. The amount of performance withhold at risk for pay for outcomes measures will be established for the first year (2017) and any changes year over year will be at the sole discretion of the State based on determined priorities. For each performance measure, it is anticipated that there will be three (3) tiers of withhold available to be earned. Rates will be set based upon the priority measure for the Contractor to earn fifty percent (50%), seventy-five percent (75%), or one hundred percent (100%) of the amount of the Performance Withhold at risk. Contractor is eligible to receive its incentive payment based on measurement year rate regardless of prior year performance.
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Samples: Professional Services, Contract Amendment, Contract Amendment
Performance Measures and Incentive Payment Structure. Contractor performance shall be calculated based on care delivered during the calendar year. Incentive payments after calendar year 2017, for any measure, may be conditioned upon Contractor substantially maintaining or improving Contractor’s outcome on that individual measure from the previous year. Measures will be paid based on custom specifications and performance as determined by FSSA. Contractor shall submit information to FSSA, in the format and detail specified by FSSA, with respect to each performance measure set forth below. Any data received after the required submission date will not be eligible for an incentive payment. The amount of performance withhold at risk for pay for outcomes measures will be established for the first year (2017) of the contract and reviewed annually thereafter. The amounts set for 2017 and any changes year over year will be at the sole discretion of the State based on determined State. Annual adjustment to withhold percentages may occur to reflect OMPP priorities. For each performance measure, it is anticipated that there will be three (3) tiers of withhold available to be earned. Rates will be set based upon the priority measure for the Contractor to earn fifty percent (50%), seventy-five percent (75%), or one hundred percent (100%) of the amount of the Performance Withhold at risk. Contractor is eligible to receive its incentive payment based on measurement year rate regardless of prior year performance.
Appears in 1 contract
Samples: Professional Services