CY 2024 definition

CY 2024 or “2024 calendar year” means the twelve month period commencing on January 1, 2024 and ending December 31, 2024.
CY 2024 or “[2024] calendar year” means the twelve-month period commencing on January 1, [2024] and ending on December 31, [2024]. “Target Award” means the Target Number of Shares Subject to Award specified at the beginning of this Agreement.

Examples of CY 2024 in a sentence

  • Using SFY 2022 encounter data, we evaluated the impact of this program adjustment by estimating paid claim amounts under SFY 2022 ODM reimbursement and CY 2024 ODM reimbursement levels to determine the percentage impact to applicable services.

  • The PMs will be revised to meet HCA designated targets for Calendar Year (CY) 2024, 2025, and 2026.

  • In addition to the completion adjustment, we considered the decreased utilization of MyCare services observed during the COVID-19 pandemic on the SFY 2022 base data period and the impact of experience through the remainder of CY 2022 on prospective trend assumptions for CY 2024.

  • We utilized the Clinically Managed High Intensity Residential Treatment FFS per-diem rate to estimate the benefit cost of TT members and the SUD Case Management weekly rate to estimate the benefit cost of TC members.5 The CY 2024 MyCare capitation rates were developed to include additional benefit expense related to the portion of these members expected to be covered under the MyCare program.

  • Effective for the CY 2024 contract year, MyCare has not implemented any non-risk arrangements for COVID-19 related costs.

  • The remainder of this section details the base data and validation processes utilized in the CY 2024 capitation rate development.

  • The SFY 2022 encounter data for the Opt-In program served as the primary data source for the CY 2024 capitation rate development for the MyCare Opt-In program.

  • The updated service categorization methodology was provided in the CY 2024 Capitation Rate Methodology and Data Book report for MyCare dated October 11, 2023.

  • Adjustment factors were developed for policy and program changes estimated to materially affect the MyCare program during CY 2024 that are not fully reflected in the SFY 2022 base experience.

  • The base data was adjusted to reflect pharmacy rebates received by the MCOPs based on amounts reported in the SFY 2022 cost reports collected as part of the CY 2024 MCOP Survey process.