Savings Calculation Sample Clauses
Savings Calculation. Savings will be calculated one cell at a time, one year at a time, and one cohort at a time, as follows: S$X,P = MX,D * (TPBPMX,P – PBPMX,D,P), where:
i. S$X,P = savings in dollars for a particular cell (X) for a particular cohort in a particular Demonstration year for a particular program (Medicare or Medicaid)
ii. MX,D = months of eligibility for the beneficiaries in cell (X) in the demonstration group. Each cell in the comparison group will have the same weight as the corresponding cell in the demonstration group.
iii. TPBPMX,P = target per beneficiary per month cost in cell (X) for a particular program iv. PBPMX,D,P = actual per beneficiary per month cost of the beneficiaries in cell (X) in the demonstration group for a particular program
1. The PBPMX,D,P is equal to the Medicare A/B costs or the Medicaid costs (excluding the costs above the cap) incurred during the period of eligibility for all beneficiaries in cell (X) in the demonstration group, divided by the months of eligibility for all beneficiaries in cell (X) in the demonstration group.
2. Whenever a beneficiary is eligible for part of a month (e.g. for a death that occurs in the middle of a month), then a fraction of the month will be used in determining the total number of months of eligibility.
Savings Calculation. Savings will be calculated one cell at a time, one year at a time, and one cohort at a time, as follows: S$X,P = MX,D * (TPBPMX,P – PBPMX,D,P), where: IV.I.2.e.i. S$X,P = savings in dollars for a particular cell (X) for a particular cohort in a particular Demonstration Year for a particular program (Medicare or Medicaid) IV.I.2.e.ii. MX,D = months of eligibility for the beneficiaries in cell (X) in the demonstration group. Each cell in the comparison group will have the same weight as the corresponding cell in the demonstration group.
Savings Calculation. Within sixty (60) days after the end of each six (6) consecutive calendar year period commencing on the Commercial Operation Date, Seller shall provide a calculation of the Generation Cost Differential for the immediately preceding six
Savings Calculation six (6) months following the end of any Program Period, Landacorp will provide Customer with a calculation of the Program Gross Savings and Reimbursement Liability as set forth in this Section II Paragraph 3.4 obtained through the programs for the Intervention Group members compared to the Control Group members for the Program Period as determined by all claims paid for the services in the Program Period by Customer and adjusted to exclude outlier claims. Claims amounts in excess of [*] in incurred claims per member in any month will be excluded as outliers (or any other outlier methodology mutually agreed to between Landacorp and Customer). [*] Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. LANDACORP, INC. FIRST AMENDED AND RESTATED SERVICES AND SYSTEM AGREEMENT NUMBER 01071003 SECTION II
Savings Calculation. Savings will be calculated one cell at a time, one year at a time, and one cohort at a time, as follows: S$X,P = MX,D * (TPBPMX,P – PBPMX,D,P), where: IV.I.2.e.i. S$X,P = savings in dollars for a particular cell (X) for a particular cohort in a particular Demonstration Year for a particular program (Medicare or Medicaid).
Savings Calculation. Savings shall be calculated and paid as part of Final Payment under Section 7.4 of the Agreement, with the understanding that to the extent Design-Builder incurs costs after Final Completion which would have been payable to Design-Builder as a Cost of the Work, Design-Builder shall be entitled to payment from Owner for that portion of such costs that were distributed to Owner as Savings.
Savings Calculation. The Savings will be calculated as follows with Annualised Savings to commence with month one of the annualisation 12 month period being the first month in which Work Stream activity is undertaken in the Agreement (the “Payment Term”):
1) Annualised Savings = [(the Unit Cost of the Original Product) minus (Unit Cost of Replacement Product)] multiplied by the number of units of the Replacement Product required to provide a 28 day supply of such Replacement Product that product then multiplied by 13 (reducing such number by one or more, depending on the point in time the intervention was made, eg multiplied by 12 if the intervention was made in month 2 of the Payment Term etc.).
2) The Savings will be calculated using the following formula: Measure Cost of Original Product Cost of Replacement Product Individual number of units of medicine within Original Product Individual number of units of medicine within Replacement Product Data Source dm+d price of Original Product pack size dm+d price of Original Product pack size dm+d units of Original Product per pack size dm+d units of of Replacement Product per pack size Formula Reference A B E F
1) Therefore Annualised Savings per Switch = ((A ÷ E) – (B ÷ F) x (units required for a twenty-eight (28) day supply)) x 13 (reducing by one or more months of annualisation depending on the point in time the intervention was made during the Payment Term, eg multiplied by 12 if the intervention was made in month 2 of the Payment Term.
2) Therefore total Savings = Comparison of clinical system searches (rerun after completion of Wo rk Stream initiatives) to baseline searches (prior to commencement of Work Stream initiatives). Only patients who are no longer in the final rerun searches when compared to baseline will be included in the validated savings total. This is then used to validate the data entered into the performance monitoring data collection EXCEL spreadsheet to qualify sum of annualised Savings per Switch per practice and validated by the Customer.
3) An example of the Savings calculation is set out below for illustration purposes only:
a) Switch implemented in month 1 (with annualisation factor of 13, month 2 has an annualisation factor of 12, month 3 an annualisation factor of 11 etc);
b) Original Product is Abilify 10mg tabs; and
c) Replacement Product is Aripipazole 10mg tabs Measure Cost of Original Product Cost of Replacement Product Individual number of units of medicine within Original Product Individual num...
Savings Calculation. 4.1 Actual Strategic Sourcing Savings Calculation.
(a) Actual Strategic Sourcing Savings will be calculated based on actual spend during the term of the contract in which the newly negotiated pricing is in place by multiplying the variance between:
(i) [*]
(b) Notwithstanding the foregoing:
(i) For any contract strategically sourced by IBM, except as specified in Sections 4.1(b)(ii) or 4.1(b)(iii), no savings will be calculated to accrue against such contract after the earlier of (A) 12 months following the effective date of such contract, (B) the effective date of a new contract which replaces such contract, or (C) the date upon which such contract expires.
