Common use of Termination by CMS Clause in Contracts

Termination by CMS. If CMS determines, at its sole discretion, that the State has not successfully implemented a required CAP or complied with an alternative CMS-provided corrective action in the time period specified in section 21.c or otherwise specified in this Agreement, CMS may immediately terminate this Agreement. CMS may also immediately or with advance notice terminate this Agreement if it determines, at its sole discretion, that there is no entity eligible under Section 8 to participate in the Model in a manner consistent with the elements, parameters, and scope of the Model as set forth in this Agreement.

Appears in 3 contracts

Sources: Vermont All Payer Accountable Care Organization Model Agreement, Vermont All Payer Accountable Care Organization Model Agreement, Vermont All Payer Accountable Care Organization Model Agreement