Internal Cost Savings definition

Internal Cost Savings means the measurable, actual, and verifiable cost savings realized by the Hospital resulting from care redesign undertaken by Hospital in connection with providing items and services to beneficiaries within specific CJR Episodes of Care. Internal Cost Savings does not include savings realized by any individual or entity that is not the Hospital.
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Internal Cost Savings means, for each NPRA Sharing Partner and Non-Convener Participant, the measurable, actual, and verifiable cost savings realized by the NPRA Sharing Partner or the Non-Convener Participant, as applicable, resulting from Care Redesign undertaken by the NPRA Sharing Partner (or by either the NPRA Sharing Partner or the Non-Convener Participant, in the case of Internal Cost Savings contributions made by a Participant) in connection with furnishing items and services to BPCI Advanced Beneficiaries within the Clinical Episodes for which the Participant has committed to be held accountable in the Participant Profile. Internal Cost Savings do not include savings realized by a Convener Participant or any individual or entity that is not an NPRA Sharing Partner.
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Internal Cost Savings means, for each EIP, the measurable, actual, and verifiable cost savings realized by the EIP resulting from Care Redesign undertaken by the EIP in connection with providing items and services to Model 4 Beneficiaries within specific Episodes of Care. Internal Cost Savings does not include savings realized by any individual or entity that is not an EIP.
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Examples of Internal Cost Savings in a sentence

  • If, however, CMS terminates the Participation Agreement as a result of a Program Integrity Determination, the Internal Cost Savings Contribution Waiver will end on the effective date of termination of the Participation Agreement.

  • For example, a Participant could not require an NPRA Sharing Partner that does not make frequent referrals to a Participant to contribute a higher percentage of Internal Cost Savings to the BPCI Advanced Savings Pool than an NPRA Sharing Partner that is a source of frequent referrals.

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  • Under the prohibition, the amount of Internal Cost Savings that an NPRA Sharing Partner and, if applicable, Non-Convener Participant contributes to the BPCI Advanced Savings Pool under an NPRA Sharing Arrangement cannot be a payment that is in any way related to, or in exchange for, any items and services outside the model.

  • Linked loans shall be limited to a maximum amount of five hundred thousand dollars.

  • Because the NPRA Sharing Partner and, if applicable, Non-Convener Participant need a reasonable period of time to calculate Internal Cost Savings after they are earned, the waiver applies to Internal Cost Savings earned during the term of the Participation Agreement, even if subsequently contributed to the BPCI Advanced Savings Pool.

  • This Internal Cost Savings Contribution Waiver has been amended to align with these programmatic changes.

  • Each Gainsharing Arrangement must include specific methodologies for accruing and calculating Internal Cost Savings for each EIP that are transparent, measurable, and verifiable in accordance with Generally Accepted Accounting Principles (GAAP) and Government Auditing Standards (The Yellow Book).

  • First, we use monoids to model combining and scaling outcomes.Definition 3.1 (Monoid).

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More Definitions of Internal Cost Savings

Internal Cost Savings means, for each NPRA Sharing Partner, the measurable, actual, and verifiable cost savings realized by the NPRA Sharing Partner resulting from Care Redesign undertaken by the NPRA Sharing Partner in connection with furnishing items and services to BPCI Advanced Beneficiaries within the Clinical Episodes for which the Participant has committed to be held accountable in the Participant’s Participant Profile. Internal Cost Savings do not include savings realized by any individual or entity that is not the NPRA Sharing Partner.
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Internal Cost Savings means the measurable, actual, and verifiable cost savings realized by EIP resulting from Care Redesign undertaken by EIP in connection with providing items and services to Model 4 Beneficiaries within specific Episodes of Care. Internal Cost Savings does not include savings realized by any individual or entity that is not EIP.
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Related to Internal Cost Savings

  • Internal Costs means as defined in paragraph 1.1 of Schedule 4 (Heads of Expenditure) (and shall, for the avoidance of doubt, not include any revenue costs or capital investment relating to the implementation of any project pursuant to an Annual Business Plan) and excluding Joint Committee Costs

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Internal control means a process effected by an entity's governing board, management, and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in the following categories:

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Pro Forma Cost Savings means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken on or prior to, or to be taken by Lead Borrower (or any successor thereto) or any Restricted Subsidiary within 24 months of, the date of such pro forma calculation, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such action; provided that (a) such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of Lead Borrower (or any successor thereto)) and are reasonably anticipated to be realized within 24 months after the date of such pro forma calculation and (b) no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; provided, further, that the aggregate amount added in respect of the foregoing proviso (or otherwise added to Consolidated Net Income or Consolidated EBITDA) shall no longer be permitted to be added back to the extent the cost savings, operating expense reductions, operating improvements and synergies have not been achieved within 24 months of the action or event giving rise to such cost savings, operating expense reductions, operating improvements and synergies.

  • Internal Controls has the meaning set forth in Section 4.07(d).

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Internal Collaboration means collaborative arrangements within a group of companies or within various strategic business. units/subsidiaries/operating divisions in order to gain a strategic position whilst sharing resources, profits and losses as well as risks

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Company’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • external company means a foreign company that is carrying on business, or non-profit activities, as the case may be, within the Republic, subject to section 23(2);

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Internal test assessment means, but is not limited to, conducting those tests of quality assurance necessary to ensure the integrity of the test.

  • Individualized service plan means a plan prepared by a

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.

  • Interconnected Reliability Operating Limit or “IROL” shall mean the value (such as MW, MVAR, Amperes, Frequency, or Volts) derived from, or a subset of, the System Operating Limits, which if exceeded, could expose a widespread area of the bulk electrical system to instability, uncontrolled separation(s) or cascading outages.