Common use of Pharmacy Budget Clause in Contracts

Pharmacy Budget. In accordance with the formula outlined in Section 2 below, PPG’s Pharmacy Budget shall be the percent as set forth below of the difference between PPG’s actual normalized pharmacy costs and the actual pharmacy costs experienced by those participating physician group. Physician groups comprising the top third of lowest PEMPM normalized costs. For eligible Commercial HMO Members, each month, HMO shall fund the 1998 Pharmacy Budget at $ 13.36 per eligible Member per month (“PEMPM”) subject to the age, sex and benefit plan factors set forth in Addendum B.

Appears in 2 contracts

Samples: Provider Services Agreement (Prospect Medical Holdings Inc), Provider Services Agreement (Prospect Medical Holdings Inc)

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Pharmacy Budget. In accordance with the formula outlined in Section 2 below, below PPG’s Pharmacy Budget shall be the percent as set forth below of the difference between PPG’s actual normalized pharmacy costs and the actual pharmacy costs experienced by those participating physician group. Physician groups comprising the top third of lowest PEMPM normalized costs. For eligible Commercial HMO Members, each month, HMO shall fund the 1998 Pharmacy Budget at $ 13.36 *** per eligible Member per month (“PEMPM”) subject to the age, sex and benefit plan factors set forth in Addendum B.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

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Pharmacy Budget. In accordance with the formula outlined in Section 2 below, PPG’s Pharmacy Budget shall be the percent as set forth below of the difference between PPG’s actual normalized pharmacy costs and the actual pharmacy costs experienced by those participating physician group. Physician groups comprising the top third of lowest PEMPM normalized costs. For eligible Commercial HMO Members, each month, HMO shall fund the 1998 Pharmacy Budget at $ 13.36 *** per eligible Member per month (“PEMPM”) subject to the age, sex and benefit plan factors set forth in Addendum B.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

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