Common use of Performance Corridor Clause in Contracts

Performance Corridor. If outside LHIN Target, a Performance Corridor of plus or minus 10% of the Negotiated Target would be applied. For example, if the Negotiated Target is 0.7, the Performance Corridor would have a lower limit of 0.63 (0.7 * 90%) and an upper limit of 0.77 (0.7 * 110%).

Appears in 2 contracts

Sources: Hospital Service Accountability Agreement, Hospital Service Accountability Agreement