Processing Accuracy Sample Clauses
The Processing Accuracy clause establishes the obligation for parties to ensure that any data processing activities are conducted with a high degree of correctness and precision. In practice, this means that data handlers must implement measures to minimize errors, regularly verify the accuracy of processed data, and promptly correct any inaccuracies that are discovered. This clause is essential for maintaining data integrity, reducing the risk of misinformation, and ensuring compliance with data protection standards.
Processing Accuracy. At least ninety-seven percent (97%) level of processing accuracy. Processing accuracy means all claims processed correctly in every respect, financial and technical (e.g., coding, procedural, system, payment, etc.), divided by total claims processed. (See Section III.
Processing Accuracy. WPS shall achieve 97% level of processing accuracy. Processing accuracy means all claims processed correctly in every respect, financial and technical. Measurement shall be reported on a quarterly basis with an annual settlement.