Required Utilization definition

Required Utilization means from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%.
Required Utilization has the meaning set forth in Section 3.5.
Required Utilization means (i) from and including the Effective Date to but excluding the date 90 days thereafter, 25% and (ii) from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%.

Examples of Required Utilization in a sentence

  • However, if you fail to call to precertify there may be an additional financial penalty for noncompliance as described below: Penalty for Failure to Follow Required Utilization Review (UR) and Behavioral Health Program Review ProceduresIn-Network ProvidersNon-Network Providers No penalty as network providers are responsible for performing the precertification.$250 penalty for failure to precertify the required services.

  • The UM program requires prisons contracting for medical services to perform three reviews—prospective, Required Utilization Management Reviews Prospective review ensures that requested services are medically necessary and the proper approvals exist before the provider renders services.

  • The Employer of Record Financial Support Services Fees are an “Add on” to the Individual Base Budget. The Care Coordinator includes these in the Individual Support Plan and Individual Budget. These expenses require approval by Utilization Management. This fee does count towards the overall waiver cost limit.Approval Required: Utilization Management approves these expenses, as needed.

  • Proposed Changes Regarding Clarification of Payment Reduction for Noncompliance with Required Utilization Review ProceduresTo cover those situations wherenetwork providers have agreementswith the managed care contractors for denial of payments for the provider’sfailure to obtain the requiredpreauthorization, we are proposing to add the words ‘‘at least’’ before thewords ‘‘ten percent’’.

  • Approval Required: Approval Required: Utilization Management approves the actual Self-Directed (Individual Family Directed) Services.


More Definitions of Required Utilization

Required Utilization means from and including the date 90 days after the Effective Date to and including the last day of the Revolving Period, 75%. “Utilization” means an amount (expressed as a percentage) equal to (i) the aggregate principal amount of outstanding Advances divided by (ii) the aggregate
Required Utilization has the same meaning as the termUtilization Fee Rate” as set forth in the Fee Letters (other than the Agent Fee Letter).

Related to Required Utilization

  • Utilization means public usage of the subway, bus, railroad

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • Fertilization means the fusion of a human spermatozoon with a human ovum.

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Availability Standards has the meaning set forth in the CAISO Tariff.

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans and (iii) the Letter of Credit Usage.

  • Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the Facility Usage on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Leverage means the aggregate amount of indebtedness of the Company for money borrowed (including purchase money mortgage loans) outstanding at any time, both secured and unsecured.

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.