Common use of Thirty Day Payment Requirement Clause in Contracts

Thirty Day Payment Requirement. The HMO must pay at least 90% of adjudicated clean claims from subcontractors for covered medically necessary services within 30 days of receipt of a clean claim, 99% within 90 days and 100% within 180 days of receipt, except to the extent subcontractors have agreed to later payment. HMO agrees not to delay payment to a subcontractor pending subcontractor collection of third party liability unless the HMO has an agreement with the subcontractor to collect third party liability.

Thirty Day Payment Requirement. The HMO must pay at least 90% of adjudicated clean claims from subcontractors subcontractors/providers for covered medically necessary services within 30 days of receipt of a clean claim, 99% within 90 days and 100% within 180 days of receipt, except to the extent subcontractors subcontractors/providers have agreed to later payment. HMO agrees not to delay payment to a subcontractor subcontractor/provider pending subcontractor subcontractor/provider collection of third party liability unless the HMO has an agreement with the subcontractor subcontractor/provider to collect third party liability.

Thirty Day Payment Requirement. The HMO must pay at least 90% of adjudicated clean claims from subcontractors for covered medically necessary services within 30 days of receipt of a clean claim, 99% within 90 days and 100% within 180 days of HMO Contract for February 1, 2006 - December 31, 2007 receipt, except to the extent subcontractors have agreed to later payment. HMO agrees not to delay payment to a subcontractor pending subcontractor collection of third party liability unless the HMO has an agreement with the subcontractor to collect third party liability.