Repayment Mechanism a funding mechanism approved by EOHHS, such as a performance bond, available for EOHHS to draw upon to satisfy any Shared Losses obligations of the Contractor, as described in Section 2.1.D. Risk Track – one of the financial accountability arrangements described in Section 4.3.B.
Repayment Mechanism a funding mechanism approved by EOHHS, such as a performance bond, available for EOHHS to draw upon to satisfy any Shared Losses obligations of the Contractor, as described in Section 2.1.D. Risk Track – one of the financial accountability arrangements described in Section 4.5.C. as described in Section 4.5.B. Serious and Persistent Mental Illness (SPMI) – a mental illness that includes a substantial disorder of thought, mood, perception, which grossly impairs judgment, behavior, capacity to recognize reality or the ability to meet the ordinary demands of life; and is the primary cause of functional impairment that substantially interferes with or limits the performance of one or more major life activities, and is expected to do so in the succeeding year; and meets diagnostic criteria specified with the Diagnostic and Statistical Manual of Mental Disorders (4th ed., text revision) American Psychiatric Association, Washington, DC (2000), which indicates that the individual has a serious, long term mental illness that is not based on symptoms primarily caused by: (a) developmental disorders usually first diagnosed in infancy, childhood or adolescence, such as mental retardation or pervasive developmental disorders; or (b) cognitive disorders, including delirium, dementia or amnesia; or (c) mental disorders due to general medical condition not elsewhere classified; or (d) substance- related disorders. Xxxxxx Xxxxxx – the amount to be paid by the Contractor to EOHHS under the Contractor’s Risk Track, in the event the Contractor has Losses, as described in Section 4.5.
Repayment Mechanism. 1. The Track 1+ ACO shall provide assurance of its ability to repay all shared losses for which it may be liable under the Track 1+ Model in a manner consistent with the requirements of 42 CFR 425.204(f), except as set forth in this Section III.A.
2. CMS shall calculate the amount of the Track 1+ ACO’s repayment mechanism as follows:
i. If the Track 1+ ACO is eligible for a benchmark-based loss sharing limit: The repayment mechanism amount is 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures for the most recent calendar year for which 12 months of data are available.
ii. If the Track 1+ ACO is eligible for a revenue-based loss sharing limit: The repayment mechanism amount is the lower of (a) 2 percent of ACO participants’ Medicare fee-for-service revenue (total Parts A and B fee-for-service revenue), as determined based on revenue for the most recent calendar year for which 12 months of data are available, or (b) 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures for the most recent calendar year for which 12 months of data are available.
3. If CMS re-determines the Track 1+ ACO’s loss sharing limit in accordance with Section V.B.3, CMS may increase the amount of the Track 1+ ACO's repayment mechanism in the manner set forth in paragraph (A) of 42 CFR 425.204(f)(4)(iii) or decrease the amount of the Track 1+ ACO’s repayment mechanism. CMS shall notify the Track 1+ ACO in writing if the amount of its repayment mechanism must be increased or may be decreased. Within 90 days after receipt of written notice that its repayment mechanism must be increased, the Track 1+ ACO shall submit for CMS approval documentation that the amount of its repayment mechanism has been changed to the amount specified by CMS and that the repayment mechanism satisfies all applicable requirements. Within 90 days after receipt of written notice that its repayment mechanism may be decreased, if the Track 1+ ACO wishes to decrease the amount of its repayment mechanism, the Track 1+ ACO shall submit for CMS approval documentation that the amount of its repayment mechanism has been reduced to an amount no lower than that specified by CMS and that the repayment mechanism satisfies all applicable requirements.
Repayment Mechanism. Once the repayment schedule is prepared each PFI is required to pay on due date the full amount to be paid by cheque • Value date for repayment received is the date the cheque is handed over to BB. • BB will monitor the total repayment system • At the end of the day, if there are any non-payments, the PFI is contacted and reminded that the repayment has been missed out. • Late payments are subject to penalties at the same rate at which disbursement is made against the funding • If the repayment date happens to be a holiday, the repayment is payable on the next working day without penalties. • Pre-payments are allowed without penal interest • In case of partial pre-payment, repayment schedules are redrawn, and the new repayment schedule is entered into the system • Each PFI should maintain a database regarding their repayment due dates and monitor properly
(1) An application for joining IPFF should include the following documents: - Full set of worked-out criteria based on the latest year-end / half-yearly audited accounts - Detail workings in support of the results such as calculations, schedules, etc. - Other documents as specified below.
(2) The workings have to be certified by the auditors.
(3) Accounts should be completed using the Finance Method of accounting (IAS 17).
(4) To determine eligibility of PFIs under IPFF, BB will consider the totality of the eligibility criteria in a manner that will establish acceptable quality of a) management,
Repayment Mechanism. Repayment
Repayment Mechanism a funding mechanism approved by EOHHS, such as a performance bond, available for EOHHS to draw upon to satisfy any Shared Losses obligations of the Contractor, as described in Section 2.1.D. conditions from arrest the court system and from emergency department utilization. Risk Track – one of the financial accountability arrangements described in Section 4.5.C. Savings – the amount by which the Contractor’s TCOC Benchmark exceeds the Contractor’s TCOC Performance as described in Section 4.5.B. Serious and Persistent Mental Illness (SPMI) – a mental illness that includes a substantial disorder of thought, mood, perception, which grossly impairs judgment, behavior, capacity to recognize reality or the ability to meet the ordinary demands of life; and is the primary cause of functional impairment that substantially interferes with or limits the performance of one or more major life activities, and is expected to do so in the succeeding year; and meets diagnostic criteria specified with the Diagnostic and Statistical Manual of Mental Disorders (4th ed., text revision) American Psychiatric Association, Washington, DC (2000), which indicates that the individual has a serious, long term mental illness that is not based on symptoms primarily caused by: (a) developmental disorders usually first diagnosed in infancy, childhood or adolescence, such as mental retardation or pervasive developmental disorders; or (b) cognitive disorders, including delirium, dementia or amnesia; or (c) mental disorders due to general medical condition not elsewhere classified; or (d) substance- related disorders. Xxxxxx Xxxxxx – the amount to be paid by the Contractor to EOHHS under the Contractor’s Risk Track, in the event the Contractor has Losses, as described in Section 4.5.
Repayment Mechanism. 14.1 Repayment
(a) If:
(i) LTES Operator does not exercise an Option to cause an Annuity Product to become effective in respect of a particular Financial Year during the Term (“Non-Exercise Year”);
(ii) the Net Operational Revenue for that Non-Exercise Year is above the Annual Net Revenue Threshold for that Non-Exercise Year; and
(iii) at the end of the Non-Exercise Year, the Historical Net Payments is a positive number, then within 60 Business Days after the later of:
(iv) SFV receiving the Annual Revenue Report in respect of that Non-Exercise Year; and
(v) the finding of any Audit conducted in respect of that Annual Revenue Report, SFV must notify LTES Operator of whether or not it agrees with LTES Operator’s calculation of the Repayment Amount in respect of that Non- Exercise Year.
(b) If SFV notifies LTES Operator that it agrees with LTES Operator’s calculation of the Repayment Amount, then LTES Operator must pay that Repayment Amount within 30 Business Days after that notification.
(c) If SFV notifies LTES Operator that it does not agree with LTES Operator’s calculation of the Repayment Amount, then:
(i) the parties must attempt to resolve the dispute in accordance with clause 28.5 (“Negotiation”); and
(ii) if the parties are unable to resolve the dispute in accordance with clause 28.5 (“Negotiation”), then the matter will be referred to an Independent Expert for determination under clause 28.6 (“Dispute Resolution”).
Repayment Mechanism. 1. The Track 1+ ACO shall provide assurance of its ability to repay all shared losses for which it may be liable under the Track 1+ Model in a manner consistent with the requirements of 42 CFR 425.204(f), except as set forth in Section III.A.:
2. CMS shall calculate the amount of the Track 1+ ACO’s repayment mechanism as follows:
i. If the Track 1+ ACO is eligible for a benchmark-based loss sharing limit: The repayment mechanism amount is 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures used to establish the ACO’s benchmark.
ii. If the Track 1+ ACO is eligible for a revenue-based loss sharing limit: The repayment mechanism amount is the lower of (a) 2 percent of ACO participants’ Medicare fee-for-service revenue (total Parts A and B fee-for-service revenue), or (b) 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures used to establish the ACO’s benchmark.
3. CMS may increase or decrease the amount of the Track 1+ ACO’s repayment mechanism if CMS re-determines the Track 1+ ACO’s loss sharing limit in accordance with Section V.B.3.
Repayment Mechanism. 1. The Track 1+ ACO shall provide assurance of its ability to repay all shared losses for which it may be liable under the Track 1+ Model in a manner consistent with the requirements of 42 CFR 425.204(f), except as set forth in this Section III.A.
2. CMS shall calculate the amount of the Track 1+ ACO’s repayment mechanism as follows:
i. If the Track 1+ ACO is eligible for a benchmark-based loss sharing limit: The repayment mechanism amount is 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures for the most recent calendar year for which 12 months of data are available.
ii. If the Track 1+ ACO is eligible for a revenue-based loss sharing limit: The repayment mechanism amount is the lower of (a) 2 percent of ACO participants’ Medicare fee-for-service revenue (total Parts A and B fee-for-service revenue), as determined based on revenue for the most recent calendar year for which 12 months of data are available, or (b) 1 percent of the ACO’s total per capita Medicare Parts A and B fee-for-service expenditures for its assigned beneficiaries, as determined based on expenditures for the most recent calendar year for which 12 months of data are available.
3. CMS may increase the amount (consistent with 42 CFR 425.204(f)(4)(iii)(A), (B)) or decrease the amount of the Track 1+ ACO’s repayment mechanism if CMS re-determines the Track 1+ ACO’s loss sharing limit in accordance with Section V.B.3.
Repayment Mechanism. 15.1.1 The Borrower shall repay the Loan to the Rupee Lenders in the amounts, in the number of instalments and on the dates (“Repayment Dates”) as specified in the Repayment Schedule (each such instalment payable to the Rupee Lenders is hereinafter referred to as the “Repayment Instalment”).
