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

Professional Out-of-Network Withhold Fund. The Professional Out-of-Network Withhold Fund shall be equal to the amount withheld from POS Capitation as described above. Each year, HMO shall calculate the difference between the amount in the Professional Out-of-Network Withhold Fund and the actual claims. PPG’s share of the difference shall be ***. PPG shall not be subject to any downside.

Appears in 3 contracts

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

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Professional Out-of-Network Withhold Fund. The Professional Out-of-Network Withhold Fund shall be equal to the amount withheld from POS Capitation as described above. Each year, HMO shall calculate the difference between the amount in the Professional Out-of-Network Withhold Fund and the actual claims. PPG’s share of the difference shall be *** not to exceed *** of PPG’s annual gross capitation. PPG shall not be subject to any downside.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

Professional Out-of-Network Withhold Fund. The Professional Out-of-Network Withhold Fund shall be equal to the amount withheld from POS Capitation as described above. Each year, HMO shall calculate the difference between the amount in the Professional Out-of-Network Withhold Fund and the actual claims. PPG’s share of the difference shall be ***fifty percent (50%). PPG shall not be subject to any downside.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

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Professional Out-of-Network Withhold Fund. The Professional Out-of-Network Withhold Fund shall be equal to the amount withheld from POS Capitation as described above. Each year, HMO shall calculate the difference between the amount in the Professional Out-of-Network Withhold Fund and the actual claims. PPG’s share of the difference shall be ***. PPG shall not be subject to any downside.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

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