Common use of Compensation for PPG Capitated Services Clause in Contracts

Compensation for PPG Capitated Services. As compensation for rendering PPG Capitated Services, HEALTH NET shall pay PPG Capitation as set forth in this Addendum I for each Healthy Families Member to receive services from PPG during any particular month. Capitation shall be payable on a per Member per month (PMPM) basis. Capitation shall be computed on the basis of the most current information available and shall be paid by HEALTH NET by wire transfer on or before the fifteenth (15th) day of each month or the first business day following the fifteenth if the fifteenth is a holiday or on a weekend. Each Capitation payment shall be accompanied by a remittance summary. The remittance summary identifies the total Capitation payable and those Healthy Families Members for whom Capitation is being paid. In the event of a Capitation error, resulting in an overpayment or underpayment to PPG, HEALTH NET shall adjust subsequent Capitation to offset such error.

Appears in 1 contract

Sources: Provider Services Agreement (Prospect Medical Holdings Inc)

Compensation for PPG Capitated Services. As compensation for rendering PPG Capitated Services, . HEALTH NET shall pay PPG Capitation as set forth in this Addendum I 1 for each Healthy Families Member to receive services from PPG during any particular month. Capitation shall be payable on a per Member per month (PMPM) basis. Capitation shall be computed on the basis of the most current information available and shall be paid by HEALTH NET by wire transfer on or before the fifteenth (15th) day of each month or the first business day following the fifteenth if the fifteenth is a holiday or on a weekend. Each Capitation payment shall be accompanied by a remittance summary. The remittance summary identifies the total Capitation payable and those Healthy Families Members for whom Capitation is being paid. In the event of a Capitation error, resulting in an overpayment or underpayment to PPG, HEALTH NET shall adjust subsequent Capitation to offset such error.

Appears in 1 contract

Sources: Participating Provider Services Agreement (Prospect Medical Holdings Inc)

Compensation for PPG Capitated Services. As compensation for rendering PPG Capitated Services, . HEALTH NET shall pay PPG Capitation as set forth in this Addendum I for each Healthy Families Member to receive services from PPG during any particular month. Capitation shall be payable on a per Member per month (PMPM) basis. Capitation shall be computed on the basis of the most current information available and shall be paid by HEALTH NET by wire transfer on or before the fifteenth (15th) day of each month or the first business day following the fifteenth if the fifteenth is a holiday or on a weekend. Each Capitation payment shall be accompanied by a remittance summary. The remittance summary identifies the total Capitation payable and those Healthy Families Members for whom Capitation is being paid. In the event of a Capitation error, resulting in an overpayment or underpayment to PPG, HEALTH NET shall adjust subsequent Capitation to offset such error.

Appears in 1 contract

Sources: Provider Services Agreement (Prospect Medical Holdings Inc)