Market Forces Factor definition

Market Forces Factor means the nationally calculated index applied to National PbR Tariff locally as published by the Department of Health annually with the PbR Guidance;
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Market Forces Factor the market forces factor referred to in the National Tariff;
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Market Forces Factor means the nationally-calculated index applied to National Tariff
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Examples of Market Forces Factor in a sentence

  • For instance, in England, the Market Forces Factor allows prices to be adjusted for local variation in input prices (Street and Maynard, 2007; Mason et al., 2009).Although all providers – public and private – treating publicly funded patients are subject to activity-based funding in England, France and Germany, they may not necessarily face the same price.

  • Under the terms of the policy, the Authority would only reimburse invoices for Genito-Urinary Medicine activity within the national tariff cost envelope and would not reimburse invoices for contraception activity or pay charges for Market Forces Factor.

  • The Trust is a gainer under the new Market Forces Factor, but the rebasing of the percentage calculations makes the true impact difficult to assess.

  • NHS England commissioned by the Department of Health annually publishes a Market Forces Factor tariff via the group ‘Monitor’ as part the National Tariff.

  • The weighted capitation formula includes an adjustment for these unavoidable costs, known as the Market Forces Factor (MFF).

  • In addition to the above, changes in the Market Forces Factor (MFF) have resulted in a gain of £370K for the Trust.

  • The proposal is intended to be cost-neutral and the replacement options include a block payment with marginal costing for activity above and below the block. Market Forces Factor (MFF) – a revision to the method of calculation is proposed which would result in an increase of 0.25% staggered over 4 yearsis proposed for ULHT’s MFF.

  • There was also concern about the impact of incorporating the Market Forces Factor, which was meant to offset the higher cost of providing services at central London teaching hospitals, into standard prices as it could affect commissioning decisions.

  • With the impending merger of Chelsea & Westminster and West Middlesex from 1st April 2016 the movement of a combined Market Forces Factor (MFF) will result in a benefit to Central London, however, this may need to be risk shared across the 8 NWL CCGs. The level of QIPP required by the CCG is significant with the application of QIPP schemes approximately split 50/50 across acute and non-acute services.

  • The final report on the GLM approach can be found in Review of the Market Forces Factor Following the Introduction of Payment by Results (2005): Exploring the General Labour Market Method (HERU, 2006).


More Definitions of Market Forces Factor

Market Forces Factor means the nationally calculated index applied to National Tariff
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Market Forces Factor has the meaning given in paragraph 4.1 of Schedule 5;
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Related to Market Forces Factor

  • Stress Factor means 2.25.

  • Loss Factor means the scaling factor determined in accordance with clause 7 and applied by the reconciliation manager to volumes of electricity measured or estimated in respect of ICPs on the Network, in order to reflect the impact of the ICP on Losses within the Network;

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Load Factor means the percentage of aircraft seats actually occupied on a flight (RPMs divided by ASMs). “NMB” means the National Mediation Board.

  • Applicable Pricing Level means, (a) for the Initial Pricing Period, Pricing Level II, and (b) thereafter, the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: I Greater than or equal to Aa3 / AA- II Less than Aa3 / AA- but greater than or equal to A1/A+ III Less than A1/A+ but greater than or equal to A2/A IV Less than A2/A but greater than or equal to A3/A- V Less than A3/A- provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Power Factor means the ratio of usage power measured in kW to total power measured in kVA;

  • Weighting factor wT for an organ or tissue (T) means the proportion of the risk of stochastic effects resulting from irradiation of that organ or tissue to the total risk of stochastic effects when the whole body is irradiated uniformly. For calculating the effective dose equivalent, the values of wT are:

  • Market Capitalization means an amount equal to (i) the total number of issued and outstanding shares of Capital Stock of the IPO Entity on the date of the declaration of the relevant dividend, multiplied by (ii) the arithmetic mean of the closing prices per share of such Capital Stock for the 30 consecutive trading days immediately preceding the date of the declaration of such dividend.

  • Market Abuse means any unscrupulous behavior addressed by applicable regulations.

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.

  • Fit factor means a quantitative estimate of the fit of a particular respirator to a specific individual, and typically estimates the ratio of the concentration of a substance in ambient air to its concentration inside the respirator when worn.

  • Other Rating Agency Discount Factor means the discount factors set forth in the Other Rating Agency Guidelines of each Other Rating Agency for use in calculating the Agency Discounted Value of the Company’s assets in connection with the Other Rating Agency’s rating of the MRP Shares.

  • Volume Weighted Average Price means, for any security as of any date, the daily dollar volume-weighted average price for such security on the Primary Market as reported by Bloomberg through its “Historical Prices – Px Table with Average Daily Volume” functions, or, if no dollar volume-weighted average price is reported for such security by Bloomberg, the average of the highest closing bid price and the lowest closing ask price of any of the market makers for such security as reported in the "pink sheets" by Pink Sheets LLC.

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Multiplier means the Multiplier specified in the Table.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Class Factor As to any date of determination and any Combinable Class, the then current Class Factor for the Related REMIC Class. As to any date of determination and any RCR Class, a fraction the numerator of which is the sum of the then current Class Balances of

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) Xxxxx’x is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Rating Agency Discount Factor means the Fitch Discount Factor (if Fitch is then rating Preferred Shares) or an Other Rating Agency Discount Factor, whichever is applicable.

  • Catalog Pricing and Pricing Requirements

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;