Delivery System Reform Incentive Payment (DSRIP) Pool Clause Samples

The Delivery System Reform Incentive Payment (DSRIP) Pool clause establishes a funding mechanism designed to incentivize healthcare providers to implement system-wide reforms that improve care quality and efficiency. Under this clause, providers may receive payments from a designated pool if they meet specific performance metrics, such as reducing hospital readmissions or enhancing preventive care services. The core function of this clause is to drive measurable improvements in healthcare delivery by tying financial rewards to the achievement of targeted reform goals, thereby addressing inefficiencies and promoting better patient outcomes.
Delivery System Reform Incentive Payment (DSRIP) Pool. The DSRIP Pool is available in DY 2 through 5 for the development of a program of activity that supports hospitals’ efforts to enhance access to health care, the quality of care, and the health of the patients and families they serve. The program of activity funded by the DSRIP will be those activities that are directly responsive to the needs and characteristics of the populations and communities served by each hospital. Under DSRIP, participating hospitals must implement new, or significantly enhance existing, health care initiatives. The state must develop the DSRIP Planning Protocol which will serve as the guiding document for the state’s DSRIP Pool. Each participating hospital must develop a Hospital DSRIP Plan, consistent with the DSRIP Planning Protocol, that is rooted in the intensive learning and sharing that will accelerate meaningful improvement. The individual Hospital DSRIP Plan must be consistent with the hospital’s mission and quality goals, as well as CMS’s overarching approach for improving health care through the simultaneous pursuit of three aims: better care for individuals (including access to care, quality of care, and health outcomes), better health for the population, and lower cost through improvement (without any harm whatsoever to individuals, families or communities). In its Hospital DSRIP Plan, each hospital will describe the projects. For each project, the hospital should describe the specific measurable goals for improving the health outcomes of patients and the populations the hospital services, the data analytics that support the selection of these goals, and how it will carry out the project that is designed to achieve these specific goals. Each project must consist of a series of milestones that build on each other, drawn from a predetermined menu of milestones grouped according to four Project Categories. Hospitals may qualify to receive incentive payments (DSRIP Payments) for fully meeting milestones (as specified in the Hospital DSRIP Plan), which represent measurable, incremental steps toward the completion of project activities, or demonstration of their impact on health system performance or quality of care.
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Related to Delivery System Reform Incentive Payment (DSRIP) Pool

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then (a) Members who are rated at Level II in all phases of the PFT will receive three hundred dollars ($300.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (2) For any calendar year in which fifty percent (50%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then: (a) Members who are rated at Level II in all phases of the PFT will receive six hundred dollars ($600.00) in a one-time lump sum payment. (b) Members who are rated at Level III in all phases of the PFT will receive nine hundred dollars ($900.00) in a one-time lump sum payment. (3) All lump sum payments referenced herein will be paid in February of the following year.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.