Common use of Shared Risk Budget Clause in Contracts

Shared Risk Budget. As a contingency for any PPG liability under the Shared Risk Program. HMO shall deduct four percent (4%) of PPG’s Capitation and place such amount in the Withhold Fund as described in the Agreement. Each month, HMO shall fund the Shared Risk Budget for each eligible Medicare HMO Member at forty-seven percent (47%) of Monthly Revenue.

Appears in 1 contract

Samples: Group Agreement (Prospect Medical Holdings Inc)

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Shared Risk Budget. As a contingency for any PPG liability under the Shared Risk Program. , HMO shall deduct four percent (4%) up to *** of PPG’s Capitation and place such amount in the Withhold Fund as described in the this Agreement. Each month, HMO shall fund the Shared Risk Budget for each eligible Medicare HMO Member at forty-seven percent (47%) *** of Monthly Revenue.

Appears in 1 contract

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

Shared Risk Budget. As a contingency for any PPG liability under the Shared Risk Program. HMO shall deduct four five percent (45%) of PPG’s Capitation and place such amount in the Withhold Fund as described in this Agreement. In the Agreementevent the interim settlement results in a deficit, HMO may, at its sole discretion, withhold from PPG’s Capitation up to *** of PPG’s Capitation and may continue such withhold until the deficit amount is recovered. Each month, HMO shall fund the Shared Risk Budget for each eligible Medicare HMO Member at forty-seven percent (47%) *** of Monthly Revenue.CMS Premium

Appears in 1 contract

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

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Shared Risk Budget. As a contingency for any PPG liability under the Shared Risk Program. , HMO shall deduct four percent (4%) 0.0% of PPG’s Capitation and place such amount in the Withhold Fund as described in the this Agreement. Each month, HMO shall fund the Shared Risk Budget for each eligible Medicare HMO Member at forty-seven percent (47%) 40.5% of Monthly Revenue.

Appears in 1 contract

Samples: Provider Services Agreement (Prospect Medical Holdings Inc)

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