Types of Transactions Which Must Be Disclosed. Business transactions which must be disclosed include: • Any sale, exchange or lease of any property between the HMO and a party in interest; • Any lending of money or other extension of credit between the HMO and a party in interest; and • Any furnishing for consideration of goods, services (including management services) or facilities between the HMO and the party in interest. This does not include salaries paid to employees for services provided in the normal course of their employment. The information which must be disclosed in the transactions between the Contractor and a party in interest listed above includes: The name of the party in interest for each transaction; A description of each transaction and the quantity or units involved; The accrued dollar value of each transaction during the fiscal year; and Justification of the reasonableness of each transaction. In addition to the above information on business transactions, the Contractor may be required, upon the request of FSSA, to submit a consolidated financial statement for the Contractor and the party in interest. If the Contract is an initial contract with FSSA, but the Contractor has operated previously in commercial or Medicare markets, information on business transactions for the entire year proceeding the initial contract period must be disclosed. If the Contract is being renewed or extended, the Contractor must disclose information on business transactions which occurred during the prior contract period. The business transactions which must be reported are not limited to transactions related to serving the Hoosier Care Connect enrollment; that is, all of the Contractor's business transactions must be reported.
Types of Transactions Which Must Be Disclosed. Business transactions which must be disclosed include: • Any sale, exchange or lease of any property between the HMO and a party in interest; • Any lending of money or other extension of credit between the HMO and a party in interest; and
Types of Transactions Which Must Be Disclosed. Business transactions which must be disclosed include: · Any sale, exchange or lease of any property between the Contractor and a party in interest; · Any lending of money or other extension of credit between the Contractor and a party in interest; and · Any furnishing for consideration of goods, services (including management services) or facilities between the Contractor and the party in interest. This does not include salaries paid to employees for services provided in the normal course of their employment;
Types of Transactions Which Must Be Disclosed. Business transactions which must be disclosed include:
Types of Transactions Which Must Be Disclosed. Business transactions which must be disclosed include: • Any sale, exchange or lease of any property between the HMO and a party in interest; • Any lending of money or other extension of credit between the HMO and a party in interest; and • Any furnishing for consideration of goods, services (including management services) or facilities between the HMO and the party in interest. This does not include salaries paid to employees for services provided in the normal course of their employment. The information which must be disclosed in the transactions listed in subsection B between an MCO and a party in interest includes: • The name of the party in interest for each transaction; • A description of each transaction and the quantity or units involved; • The accrued dollar value of each transaction during the fiscal year; and • Justification of the reasonableness of each transaction. The above information on business transactions must be accompanied by a consolidated financial statement for the MCO and the party in interest. If the contract is an initial contract with OMPP, but the MCO has operated previously in the commercial or Medicare markets, information on business transactions for the entire year preceding the initial contract period must be disclosed. If the contract is being renewed or extended, the MCO must disclose information on business transactions which occurred during the prior contract period. The business transactions which must be reported are not limited to transactions related to serving the Medicaid enrollment. All of the MCO’s business transactions must be reported.
