Common use of Capitation Payments Clause in Contracts

Capitation Payments. (a) Blue Shield shall pay Group, on a monthly basis, the applicable Capitation set forth in Exhibit C. Such Capitation shall be paid for Members not enrolled in the Blue Shield 65 Plus Benefit Program no later than the twentieth (20th) day of the month. Capitation shall be paid for Members who are enrolled in Blue Shield’s Blue Shield 65 Plus Benefit Program no later than the later occurring of the twentieth (20th) day of the month or five (5) business days following the date Blue Shield receives the CMS capitation payment for such Members.

Appears in 5 contracts

Samples: Savings Provider Agreement (Prospect Medical Holdings Inc), Shared Savings Provider Agreement (Prospect Medical Holdings Inc), Provider Agreement (Prospect Medical Holdings Inc)

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