Interim payment rate definition

Interim payment rate means the rate of payment calculated using the desk reviewed base year cost report data.
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Interim payment rate means the rate of payment calculated using the desk reviewed base year cost report data until the final payment rate is determined.
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Interim payment rate means the higher of: (i) 4.65% or (ii) the average of the Prime Rate during any calendar quarter plus 1.15%.
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Examples of Interim payment rate in a sentence

  • Interim payment rate for Core Services (T1015)A provider specific Core Service rate (T1015) is established using the CMS FQHC cost reporting schedules (CMS 222-92 / CMS 224-14) plus North Carolina Medicaid supplemental schedules.

  • Interim payment rate for Core Services (T1015)A provider specific Core Service rate (T1015) is established using the applicable CMS RHC cost reporting schedules (CMS 222-17 for Free-Standing RHCs or CMS 2552-10 for Provider-Based RHCs) plus North Carolina Medicaid supplemental schedules.


More Definitions of Interim payment rate

Interim payment rate means the greater of the average contracted rate in the geographic region or 125 percent of the amount Medicare reimburses on a fee-for- service basis for the same or similar services in the geographic region in which the services were rendered. (Ins. Code §10112.82(a)(1))
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Related to Interim payment rate

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.