Common use of Invoice reduction Clause in Contracts

Invoice reduction. The Department and the Health Plan agree to the weighting plan below, which assigns a defined weight for each contract requirement performed in the operations phase. The Weighting Plan will assign a rating to the requirements according to the following schedule: 1 Less importance/Low impact 2 Moderate importance/medium impact 3 Critical importance/critical impact IDHW will assign the following designations to the contract requirements performed in the operations phase and identified in the table below as being subject to invoice reductions: Fixed per day (FPD) Fixed per incident (FPI) Fixed per week (FPW) Fixed per month (FPM) IDHW will adjust the monthly amount payable to the Health Plan in accordance with the following methodology and reflect such adjustments on a monthly report to the Health Plan: Weight Dollar Reduction Designation Calculation 1 $100 FPD 1 x $100 x Days during the invoice period 2 $100 FPD 2 x $100 x Days during the invoice period 3 $100 FPD 3 x $100 x Days during the invoice period 1 $100 FPI 1 x $100 x number of incidents for the invoice period 2 $100 FPI 2 x $100 x number of incidents for the invoice period 3 $100 FPI 3 x $100 x number of incidents for the invoice period 1 $300 FPW 1 x $300 x number of weeks or partial weeks for the invoice period 2 $300 FPW 2 x $300 x number of weeks or partial weeks for the invoice period 3 $300 FPW 3 x $300 x number of weeks or partial weeks for the invoice period 1 $300 FPM 1 x $300 x number of months or partial months for the invoice period 2 $300 FPM 2 x $300 x number of months or partial months for the invoice period 3 $300 FPM 3 x $300 x number of months or partial months for the invoice period

Appears in 1 contract

Sources: Idaho Medicaid Provider Agreement

Invoice reduction. The Department and the Health Plan agree to the weighting plan below, which assigns a defined weight for each contract requirement performed in the operations phase. The Weighting Plan will assign a rating to the requirements according to the following schedule: 1 Less importance/Low impact 2 Moderate importance/medium impact 3 Critical importance/critical impact IDHW will assign the following designations to the contract requirements performed in the operations phase and identified in the table below as being subject to invoice reductions: Fixed per day (FPD) Fixed per incident (FPI) Fixed per week (FPW) Fixed per month (FPM) IDHW The Health Plan will adjust the monthly amount payable to the Health Plan in accordance with the following methodology and reflect such adjustments on a monthly report its invoice to the Health PlanState: Weight Dollar Reduction Designation Calculation 1 $100 FPD 1 x $100 x Days during the invoice period 2 $100 FPD 2 x $100 x Days during the invoice period 3 $100 FPD 3 x $100 x Days during the invoice period 1 $100 FPI 1 x $100 x number of incidents for the invoice period 2 $100 FPI 2 x $100 x number of incidents for the invoice period 3 $100 FPI 3 x $100 x number of incidents for the invoice period 1 $300 FPW 1 x $300 x number of weeks or partial weeks for the invoice period 2 $300 FPW 2 x $300 x number of weeks or partial weeks for the invoice period 3 $300 FPW 3 x $300 x number of weeks or partial weeks for the invoice period 1 $300 FPM 1 x $300 x number of months or partial months for the invoice period 2 $300 FPM 2 x $300 x number of months or partial months for the invoice period 3 $300 FPM 3 x $300 x number of months or partial months for the invoice period

Appears in 1 contract

Sources: Medicaid Provider Agreement

Invoice reduction. The Department and the Health Plan agree to the weighting plan below, which assigns a defined weight for each contract requirement performed in the operations phase. The Weighting Plan will assign a rating to the requirements according to the following schedule: 1 Less importance/Low impact 2 Moderate importance/medium impact 3 Critical importance/critical impact IDHW will assign the following designations to the contract requirements performed in the operations phase and identified in the table below as being subject to invoice reductions: Fixed per day (FPD) Fixed per incident (FPI) Fixed per week (FPW) Fixed per month (FPM) IDHW will adjust the monthly amount payable to the Health Plan in accordance with the following methodology and reflect such adjustments on a monthly report to the Health Plan: Weight Dollar Reduction Designation Calculation 1 $100 FPD 1 x $100 x Days during the invoice period 2 $100 FPD 2 x $100 x Days during the invoice period 3 $100 FPD 3 x $100 x Days during the invoice period 1 $100 FPI 1 x $100 x number of incidents for the invoice period 2 $100 FPI 2 x $100 x number of incidents for the invoice period 3 $100 FPI 3 x $100 x number of incidents for the invoice period 1 $300 FPW 1 x $300 x number of weeks or partial weeks for the invoice period 2 $300 FPW 2 x $300 x number of weeks or partial weeks for the invoice period 3 $300 FPW 3 x $300 x number of weeks or partial weeks for the invoice period 1 $300 FPM 1 x $300 x number of months or partial months for the invoice period 2 $300 FPM 2 x $300 x number of months or partial months for the invoice period 3 $300 FPM 3 x $300 x number of months or partial months for the invoice period

Appears in 1 contract

Sources: Medicaid Provider Agreement