Risk contracts definition
Risk contracts means any agreement with any Payor pursuant to which the Participating Providers involved in the Payor Contract share substantial financial risk.
Risk contracts means those -------------- certain contracts set forth on Exhibit 1.4(b).
Risk contracts means a Medicaid contract whereby the contractor: (1) assumes risk for the contract for the cost of the services under the contract; and (2) incurs loss if the cost of furnishing the services exceeds the payments under the contract. See 42 CFR § 438.2.
Examples of Risk contracts in a sentence
The cost of such coverage shall be borne by the City The City may, at its option, provide Medicare Risk contract(s) to retirees voluntarily, as an alternative to the supplemental coverage.
Risk contracts must provide that the State agency and the Department may inspect and audit any financial records of the entity or its subcontractors.
In addition, personnel shall be screened in accordance with the requirements for High Risk contracts as specified by CAM section 2.2 (Oct 2015); specifically, in accordance with CAR 1352.237-70, Security Processing Requirements—High or Moderate Risk Contracts (April 2010).