Incentive Adjustment definition
Examples of Incentive Adjustment in a sentence
For each Strip, the amount payable for such Strip shall be decreased by the amount by which the application of the Management Incentive Adjustment in the calculation of the Call Option Equity Value causes the Call Option Price in respect of such Strip to be lower than the Floor Amount for such Strip.
Incentive Stock ----------------------------- Option Adjustment Plan, 1992 Directors' Option Adjustment Plan and 1995 Stock Incentive Adjustment Plan to be adopted pursuant to Section 4.4 hereof for the purpose of enabling Vital Images to grant options to purchase Vital Images Common Stock to the holders of Bio-Vascular Options granted under the Bio-Vascular Option Plans.
The VBP Adoption Component of the MLR Incentive Adjustment shall contribute up to one (1) percentage point.
If neither threshold is met for the Plan Year then the VBP Adoption Component of the MLR Incentive Adjustment shall be set at zero (0) percentage points.
If the VBP Significance Score is less than then VBP Significance Threshold Score for the Plan Year, then the VBP Significance Component of the MLR Incentive Adjustment shall be set at zero (0) percentage points.
Failure to provide the report by the deadline may result in the application of the default zero (0) value for the VBP Significance Component of the MLR Incentive Adjustment.
The VBP Significance Component of the MLR Incentive Adjustment will be calculated as set out below.
The result, capped at a maximum of one hundred percent (1.000), will be the Contractor’s MLR Incentive Adjustment Quality Score.
Utilizing the MLR to incentivize high quality health care, value-based payment and care transformation: Under this Contract, the Contractor is required to meet a MLR Incentive Threshold, calculated as ninety percent (90%) minus (-) the MLR Incentive Adjustment.
For example, an MLR Incentive Adjustment of five percent (5%) would reduce the MLR from ninety percent (90%) to eight five percent (85%), and an MLR Incentive Adjustment of four percent (4%) would reduce the MLR from ninety percent (90%) to eighty six percent (86%).