Common use of Interim Checks/Corrective Action Plan Clause in Contracts

Interim Checks/Corrective Action Plan. If the State exceeds the calculated cumulative target limit by the percentage identified below in table 13 for any of the DYs, the State shall submit a corrective action plan to CMS for approval. Table 13 DY Cumulative Target (Total Computable Funds) Cumulative Target Definition Percentage DY 6 $144,774,195 Year 6 budget neutrality cap plus: 1 percent DY 7 $298,199,006 Years 6 and 7 combined budget neutrality caps plus: 0.5 percent DY 8 $460,826,296 Years 6 through 8 combined budget neutrality caps plus: 0 percent DY 9 $548,625,610 Years 6 through 9 combined budget neutrality caps plus: 0 percent

Interim Checks/Corrective Action Plan. If the State exceeds the calculated cumulative target limit by the percentage identified below in table 13 for any of the DYs, the State shall submit a corrective action plan to CMS for approval. Deleted: ¶ ¶ ¶ ¶ ¶ ¶ ¶ Table 13 DY Cumulative Target (Total Computable Funds) Cumulative Target Definition Percentage DY 6 $144,774,195 Year 6 budget neutrality cap plus: 1 percent DY 7 $298,199,006 Years 6 and 7 combined budget neutrality caps plus: 0.5 percent DY 8 $460,826,296 Years 6 through 8 combined budget neutrality caps plus: 0 percent DY 9 $548,625,610 Years 6 through 9 combined budget neutrality caps plus: 0 percent

Interim Checks/Corrective Action Plan. If the State exceeds the calculated cumulative target limit by the percentage identified below in table 13 for any of the DYs, the State shall submit a corrective action plan to CMS for approval. Table 13 DY Cumulative Target (Total Computable Funds) Cumulative Target Definition Percentage DY 6 $144,774,195 Year 6 budget neutrality cap plus: 1 percent DY 7 $298,199,006 Years 6 and 7 combined budget neutrality caps plus: 0.5 percent DY 8 $460,826,296 Years 6 through 8 combined budget neutrality caps plus: 0 percent DY 9 $548,625,610 Years 6 through 9 combined budget neutrality caps plus: 0 percent