Common use of SUD Services – Cost Settlement Clause in Contracts

SUD Services – Cost Settlement. For SUD program funds, a cost settlement process will be utilized. A comparison of allowable costs to reimbursement received; if the costs exceed reimbursement received, a settlement is received; if the costs are less than the reimbursement received, it is required that the difference be paid back. Cost- Settlement means that total cost estimate is determined before contract work commences. PROVIDER cannot exceed the maximum without written approval of MSHN. The final pricing is determined when PROVIDER submits Financial Statement Report, as detailed by Mid-State Health Network, including year-end settlement and reconciliation.

Appears in 4 contracts

Samples: Medicaid Managed Specialty Supports and Services Agreement, Medicaid Managed Specialty Supports and Services Agreement, Medicaid Managed Specialty Supports and Services Agreement

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SUD Services – Cost Settlement. For SUD program funds, a cost settlement process will be utilized. A comparison of allowable costs to reimbursement received; if the costs exceed reimbursement received, a settlement is received; if the costs are less than the reimbursement received, it is required that the difference be paid back. Cost- Cost-Settlement means that total cost estimate is determined before contract work commences. PROVIDER cannot exceed the maximum without written approval of MSHN. The final pricing is determined when PROVIDER submits Financial Statement Report, as detailed by Mid-State Health Network, including year-end settlement and reconciliation.

Appears in 2 contracts

Samples: Medicaid Managed Specialty Supports and Services Agreement, Medicaid Managed Specialty Supports and Services Agreement

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