Incentive Arrangements definition
Examples of Incentive Arrangements in a sentence
The Practice and Participating Physicians understand that such Incentive Arrangements are intended to encourage Practice and the Participating Physicians to adhere to HMHP’s quality improvement and utilization management programs.
Practice and its Participating Physicians shall not be eligible for any payments under Incentive Arrangements unless this Agreement was in effect through the end of the applicable contract year of the Payor Contract.
Under these Incentive Arrangements, HMHP Providers shall not be guaranteed payments, but also shall not be required to make any payments in the event quality, utilization or cost metrics are not achieved.
HMHP will adopt specific Policies and Procedures regarding the requirements Practice and Participating Physicians must meet to be eligible to receive payments under the Incentive Arrangements.
The terms and conditions of the bonus are set forth in the 2002 Special Retention and Incentive Arrangements Plan.