Interim payment rate means the rate of payment calculated using the desk reviewed base year cost report data.
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.
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))
More Definitions of Interim payment rate
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%.