Participant Providers and Preferred Clause Samples

The 'Participant Providers and Preferred' clause defines which healthcare providers are considered part of a plan's network and which are designated as preferred providers. In practice, this clause outlines the criteria for a provider to be classified as a participant or preferred, and may specify the benefits or reimbursement rates applicable when members use these providers. Its core function is to guide plan members in selecting providers to maximize their benefits and to help the plan manage costs by steering utilization toward preferred providers.
Participant Providers and Preferred. Providers Section 4.01 General‌‌‌ A. The ACO shall contract with one or more Participant Providers. The ACO shall ensure that each Participant Provider: 1. Is a Medicare-enrolled provider (as defined at 42 CFR § 400.202) or supplier (as defined at 42 CFR § 400.202); 2. Bills for items and services it furnishes to Beneficiaries under a Medicare billing number assigned to a TIN in accordance with applicable Medicare regulations; 3. Is not a Preferred Provider; 4. Is not a Prohibited Participant; 5. Has agreed to participate in the Model pursuant to a written arrangement meeting the requirements of Section 3.04; and 6. Is identified on the Participant Provider List in accordance with this Article IV. B. The ACO may contract with one or more Preferred Providers. The ACO shall ensure that each Preferred Provider: 1. Is a Medicare-enrolled provider (as defined at 42 CFR § 400.202) or supplier (as defined at 42 CFR § 400.202); 2. Bills for items and services it furnishes to Beneficiaries under a Medicare billing number assigned to a TIN in accordance with applicable Medicare regulations; 3. Is not a Participant Provider; 4. Is not a Prohibited Participant; 5. Has agreed to participate in the Model pursuant to a written arrangement meeting the requirements of Section 3.04; and 6. Is identified on the Preferred Provider List in accordance with this Article IV. C. Participant Providers and Preferred Providers will be included on the Participant Provider List or Preferred Provider List only upon the prior written approval of CMS. D. CMS shall maintain the Participant Provider List and Preferred Provider List in a manner that permits the ACO to review the lists. E. The ACO shall maintain current and historical Participant Provider Lists and Preferred Provider Lists in accordance with Section 16.02. F. CMS may periodically monitor the program integrity history of the ACO’s Participant Providers and Preferred Providers. CMS may remove an individual or entity from the Participant Provider List or Preferred Provider List or subject the ACO to additional monitoring pursuant to Section 17.01, on the basis of the results of a Program Integrity Screening or information obtained regarding an individual’s or entity’s history of program integrity issues, including but not limited to a Participant Provider’s or Preferred Provider’s licensure status and ongoing investigations by law enforcement, program integrity, or state licensure bodies. CMS shall notify the ACO if CMS chooses to ...

Related to Participant Providers and Preferred

  • Rights of Participants Any participant in a Lender's interests hereunder may assert any claim for yield protection under Section 4.03 that it could have asserted if it were a Lender hereunder. If such a claim is asserted by any such participant, it shall be entitled to receive such compensation from the Borrower as a Lender would receive in like circumstances; provided, however, that with respect to any such claim, the Borrower shall have no greater liability to the Lender and its participant, in the aggregate, than it would have had to the Lender alone had no such participation interest been created.

  • Limitations upon Participant Rights A Participant shall not be entitled to receive any greater payment under Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 3.01 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 3.01(e) as though it were a Lender.

  • Participant Signature Ratification, Acceptance(A), Approval(AA), Accession(a)

  • Participant Undertaking The Participant agrees to take whatever additional action and execute whatever additional documents the Company may deem necessary or advisable to carry out or effect one or more of the obligations or restrictions imposed on either the Participant or the Restricted Stock Units pursuant to this Agreement.

  • Voting Rights; Distributions; etc (a) So long as no Event of Default shall have occurred and be continuing: (i) Each Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Securities Collateral or any part thereof for any purpose not inconsistent with the terms or purposes hereof, the Credit Agreement or any other document evidencing the Secured Obligations; provided, however, that no Pledgor shall in any event exercise such rights in any manner which could reasonably be expected to have a Material Adverse Effect. (ii) Each Pledgor shall be entitled to receive and retain, and to utilize free and clear of the Lien hereof, any and all Distributions, but only if and to the extent not prohibited by the Credit Agreement; provided, however, that any and all such Distributions consisting of rights or interests in the form of securities shall be forthwith delivered to the Collateral Agent to hold as Pledged Collateral and shall, if received by any Pledgor, be received in trust for the benefit of the Collateral Agent, be segregated from the other property or funds of such Pledgor and be promptly (but in any event within five days (or such longer period as may be determined by the Collateral Agent in its sole discretion) after receipt thereof) delivered to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement). (b) So long as no Event of Default shall have occurred and be continuing, the Collateral Agent shall be deemed without further action or formality to have granted to each Pledgor all necessary consents relating to voting rights and shall, if necessary, upon written request of any Pledgor and at the sole cost and expense of the Pledgors, from time to time execute and deliver (or cause to be executed and delivered) to such Pledgor all such instruments as such Pledgor may reasonably request in order to permit such Pledgor to exercise the voting and other rights which it is entitled to exercise pursuant to Section 5.2(a)(i) hereof and to receive the Distributions which it is authorized to receive and retain pursuant to Section 5.2(a)(ii) hereof. (c) Upon the occurrence and during the continuance of any Event of Default and notice by the Collateral Agent: (i) All rights of each Pledgor to exercise the voting and other consensual rights it would otherwise be entitled to exercise pursuant to Section 5.2(a)(i) hereof shall immediately cease, and all such rights shall thereupon become vested in the Collateral Agent, which shall thereupon have the sole right to exercise such voting and other consensual rights. (ii) All rights of each Pledgor to receive Distributions which it would otherwise be authorized to receive and retain pursuant to Section 5.2(a)(ii) hereof shall immediately cease and all such rights shall thereupon become vested in the Collateral Agent, which shall thereupon have the sole right to receive and hold as Pledged Collateral such Distributions. (d) Each Pledgor shall, at its sole cost and expense, from time to time execute and deliver to the Collateral Agent appropriate instruments as the Collateral Agent may request in order to permit the Collateral Agent to exercise the voting and other rights which it may be entitled to exercise pursuant to Section 5.2(c)(i) hereof and to receive all Distributions which it may be entitled to receive under Section 5.2(c)(ii) hereof. (e) All Distributions which are received by any Pledgor contrary to the provisions of Section 5.2(c)(ii) hereof shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of such Pledgor and shall immediately be paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).