Provisional Financial Settlement definition

Provisional Financial Settlement means the process during which CMS compares the ACO’s provisional Performance Year Benchmark to the ACO’s provisional Performance Year expenditures to determine the amount of provisional Shared Savings or Shared Losses in accordance with Section 12.04 and Appendix B and calculates the provisional net amount owed by either CMS or the ACO for the Performance Year. Provisional Financial Settlement is available for selection by the ACO for Performance Year 2023 and each subsequent Performance Year as described in Section 8.01. Provisional Financial Settlement will be followed by Final Financial Settlement.
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Provisional Financial Settlement means the process during which CMS compares the DCE’s provisional Performance Year Benchmark to the DCE’s provisional Performance Year expenditures to determine the amount of provisional Shared Savings or Shared Losses in accordance with Section 12.04 and Appendix B, and calculates the provisional net amount owedby either CMS or the DCE for the Performance Year, and if the DCE’s first Performance Year is Performance Year 2021, calculates the provisional amount of Other Monies Owed. Provisional Financial Settlement will apply for Performance Year 2021 and is available for selection by the DCE for Performance Year 2022 and each subsequent Performance Year as described in Section8.01. Provisional Financial Settlement will be followed by Final Financial Settlement.
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Provisional Financial Settlement means the process during which CMS compares the DCE's provisional Performance Year Benchmark to the DCE's provisional Performance Year expenditures to determine the amount of provisional Shared Savings or Shared Losses in accordance with Section 12.04 and Appendix B, calculates the provisional net amount owed by either CMS or the DCE for the Performance Year, and if the DCE's first Performance Year is Performance Year 2021, calculates the provisional amount of Other Monies Owed. Provisional Financial Settlement will apply for Performance Year 2021 and is available for selection by the DCE for Performance Year 2022 and each subsequent Performance Year as described in Section 8.01. Provisional Financial Settlement will be followed by Final Financial Settlement.
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Examples of Provisional Financial Settlement in a sentence

  • For the relevant Performance Year, CMS will provide preliminary, interim, provisional (if the ACO selected Provisional Financial Settlement), and final data to the ACO detailing the ACO’s Performance Year Benchmark throughout the Performance Year, as detailed in Sections 11.01.B, 11.01.C, and 12.04.A.2, if applicable, and 12.04.A.3, respectively.

  • Regardless of whether the ACO selects to participate in Provisional Financial Settlement for a Performance Year, following the end of each Performance Year, and at such other times as may be required under the Agreement, CMS will conduct Final Financial Settlement and issue a settlement report to the ACO setting forth the amount of any Shared Savings or Shared Losses, the amount of Other Monies Owed, and the net amount owed by either CMS or the ACO for the Performance Year.

  • For any Performance Year for which the ACO selects to participate in Provisional Financial Settlement as described in Section 8.01, CMS will conduct Provisional Financial Settlement and issue a settlement report to the ACO setting forth the provisional amount of Shared Savings or Shared Losses, and the provisional net amount owed by either CMS or the ACO for the Performance Year.

  • If the ACO selects to participate in Provisional Financial Settlement for a Performance Year, CMS will not conduct Provisional Financial Settlement for that Performance Year if the ACO provides written notice of termination of the Agreement Performance Period during that Performance Year, even if the ACO provides such written notice of termination after the Termination Without Liability Date for that Performance Year.

  • The ACO’s decision whether to participate in Provisional Financial Settlement for the ACO’s first Performance Year.

  • Cabinet received the report on the Provisional Financial Settlement 2008/09, 2009/10 and 2010/2011.

  • Members noted the headline issues in the Provisional Financial Settlement, which was published on 19th October 2016 and the 2017/18 Draft Proposals including a proposal that Council Tax is increased by 1%.

  • The position should become clearer in the Provisional Financial Settlement in December 2022.

  • The CWA workers were used to fix up city halls, docks, and public roads, all on the federal government’s payroll.

  • This strategy has been compiled against the backdrop of the 2015 Comprehensive Spending Review (CSR15) announced by the Government in November 2015, the Autumn Statement of 2016 and the Provisional Financial Settlement announced in December 2016.

Related to Provisional Financial Settlement

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Structured settlement annuity means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Mandatory Settlement Date means the earliest of:

  • Net Share Settlement means the settlement method pursuant to which an exercising Warrantholder shall be entitled to receive from the Company, for each Warrant exercised, a number of shares of Common Stock equal to the Net Share Amount without any payment therefor.

  • Structured settlement means an arrangement for periodic payment of damages for personal injuries established by settlement or judgment in resolution of a tort claim or for periodic payments in settlement of a workers’ compensation claim.

  • TARGET Settlement Day means any day on which TARGET2 is open for the settlement of payments in euro;

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Structured settlement obligor means, with respect to any structured settlement, the party that has the continuing obligation to make periodic payments to the payee under a structured settlement agreement or a qualified assignment agreement.

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Individual Settlement Payment means the amount payable from the Net

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;

  • Net Settlement Fund means the Settlement Fund, plus accrued interest, less any award of attorneys’ fees or reimbursement of expenses and less applicable taxes, tax preparation expenses, and costs of notice and administration, that may be awarded or approved by the Court.

  • Qualified Settlement Fund or “Settlement Fund” means the interest-bearing, settlement fund account to be established and maintained by the Escrow Agent in accordance with Article 5 herein and referred to as the Qualified Settlement Fund (within the meaning of Treas. Reg. § 1.468B-1).

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.