Risk Contract. In accordance with 42 CFR § 438.2 a risk contract means an agreement under which the Contractor assumes financial risk for the cost of the services covered under the contract and incurs loss if the cost of furnishing the services exceeds the payments under the agreement.
Appears in 2 contracts
Sources: Medicaid Rite Smiles Program Agreement, Medicaid Program Agreement
Risk Contract. In accordance with 42 CFR § 438.2 a risk Risk contract means an agreement under which the Contractor assumes financial risk for the cost of the services covered under the contract and incurs loss if the cost of furnishing the services exceeds the payments under the agreement.
Appears in 2 contracts
Sources: Medicaid Agreement, Medicaid Managed Integrated Adult Care Services Agreement
Risk Contract. In accordance with 42 CFR § 438.2 a risk Risk contract means an agreement under which the Contractor assumes financial risk for the cost of the services covered under the contract and incurs loss if the cost of furnishing the services exceeds the payments under the agreement.
Appears in 1 contract