PBP definition

PBP means the population-based payment Alternative Payment Mechanism in which CMS makes a Monthly PBP Payment to the ACO reflecting an estimate, based on historical expenditures, of the percentage of total expected Medicare Part A and/or Part B FFS payments for Covered Services furnished to Next Generation Beneficiaries by Next Generation Participants and Preferred Providers who have agreed to receive a PBP Fee Reduction.

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PBP means the Alaska Air Group, Inc. Performance Based Pay Plan, which became effective January 1, 2003.

PBP means Prudential-Bache Properties, Inc. and any predecessor or successor entity.

Examples of PBP in a sentence

• Under the Next Generation ACO Model, an NGACO may participate in alternative payment arrangements, including an infrastructure payment arrangement, population-based payment (PBP), and (starting in Performance Year 2) all-inclusive population-based payment (AIPBP).

• If the FFS reduction is less than the PBP payment, the difference will be deducted from the savings payment or added to the loss and be considered Other Monies Owed.

• If the FFS reduction is greater than the PBP payment, the difference will be added to the savings payment or added to the loss and be considered Other Monies Owed.

• If the amount CMS paid in Monthly PBP is greater than the total amount by which FFS payments were reduced, the ACO shall pay CMS the difference as Other Monies Owed.

• The proposed list also identified which individua ls and entities, if any, had agreed to receive a PBP Fee Reduction, and specified the Benefit Enhancements, if any, in which each individua l or entity had agreed to participate.

• The ACO may elect to receive Infrastructure Payments or PBP, but not both.

• If the amount CMS paid in Monthly PBP is less than the total amount by which FFS payments were reduced, CMS shall pay the ACO the difference as Other Monies Owed.

More Definitions of PBP

PBP means performance bonus plan and has the meaning further ascribed to it under the heading "History

PBP means the price per Barrel of Boscán in U.S. Dollars, rounded to the nearest cent, determined according to the Maya parity formula above, for the applicable Cargo of Boscán Oil;

PBP has the meaning attributed to such term in the title Section hereof.

PBP the Primary Booking Period as indicated on the Calendar, and unless otherwise stated therein, a period commencing on 1 September of any Calendar Year at 09:00am and expiring at 16:00 pm on the last day of November of any Calendar Year.

PBP mean any payment made or proposed to be made out of the proceeds of the Financing by the Recipient to a PBC Beneficiary under Part 2.1 of the Project and pursuant to a PBC in accordance with Section I.F of Schedule 2 to this Agreement.

PBP means the Alaska Air Group, Inc. Performance Based Pay Plan.