Input Price definition
Examples of Input Price in a sentence
Negotiated increases in inpatient hospital payments for the twelve (12) month period beginning January 1, 2012 may not exceed the Centers for Medicare and Medicaid Services national CMS Prospective Payment System (IPPS) Hospital Input Price index for the applicable period.
Except for the sums insured under chapter A, and that will change according to the changes in the Construction Input Price Index published by the Central Bureau of Statistics (hereinafter: “Construction Input Price Index”) that was recently published prior to the commencement of the insurance term and the Construction Input Price Index that was published shortly before the occurrence of the insured event.
The appropriateness of any adjustment will be based upon a variety of factors, which may include, but are not limited to: • The inflationary index used by Medicare • The National Hospital Input Price Index (NHIPI) • Cost and access • Competitor payment levels • BCBSM and BCN participation rates • Unusual circumstances and economic factors that may unduly influence the cost of services provided by ambulance providers in Michigan (e.g., gasoline).