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This document outlines the contractual agreement between the New York State Department of Health and a contractor for the delivery of managed long-term care services, specifying compliance with state
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How to fill out Managed Long Term Care Partial Capitation Contract
01
Gather necessary information about the managed care organization (MCO) and its services.
02
Review the contract guidelines and requirements set by the state or regulatory body.
03
Fill out the identification section with details such as the MCO name, address, and contact information.
04
Complete the service section, specifying the types of long-term care services covered under the contract.
05
Detail the financial terms, including payment amounts and schedules.
06
Include any required performance metrics or quality indicators that the MCO must adhere to.
07
Sign and date the contract, ensuring that all authorized signatories are included.
08
Submit the completed contract to the relevant authorities for approval.
Who needs Managed Long Term Care Partial Capitation Contract?
01
Individuals seeking long-term care services who qualify based on state regulations.
02
Managed care organizations (MCOs) aiming to provide partial capitation for long-term care.
03
Healthcare providers looking to collaborate with MCOs in delivering services under the contract.
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People Also Ask about
What is partial capitation in healthcare?
Partial capitation is a combination of predetermined payments per member and fee-for-service payments. The predetermined (capitated) payments are affixed to routine care while fee-for-service payments are applied to extreme health episodes with costs that are far less predictable.
What is an example of a capitation payment?
With capitation, the physician—otherwise known as the primary care physician (PCP)— is paid a set amount for each enrolled patient whether a patient seeks care or not. The PCP is usually contracted with a health maintenance organization (HMO) whose role it is to recruit patients.
What does partial capitation mean?
A contract between a payer and a sub-capitor, provider or other payer whereby payments made are a combination of capitated premiums and fee for service payments. The proportion of the ratios determine the amount of risk.
What does partially capitated mean?
A contract between a payer and a sub-capitor, provider or other payer whereby payments made are a combination of capitated premiums and fee for service payments. The proportion of the ratios determine the amount of risk.
What does capitation mean in healthcare?
Example of a Capitation Payment The physician would be paid a fixed payment to treat all 5,000 patients. For example, say the capitation fee is $400 per year per patient. The physician would collect $2 million per year from the IPA.
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What is Managed Long Term Care Partial Capitation Contract?
A Managed Long Term Care Partial Capitation Contract is an agreement between a managed care organization and health care providers that covers certain long-term care services while allowing the providers to receive a fixed payment per member for these services.
Who is required to file Managed Long Term Care Partial Capitation Contract?
Managed care organizations that provide long-term care services for individuals typically required to file a Managed Long Term Care Partial Capitation Contract.
How to fill out Managed Long Term Care Partial Capitation Contract?
To fill out a Managed Long Term Care Partial Capitation Contract, the involved parties need to provide specific information such as service details, payment structures, and regulatory compliance data as outlined in the contract form.
What is the purpose of Managed Long Term Care Partial Capitation Contract?
The purpose of a Managed Long Term Care Partial Capitation Contract is to establish a structured payment model that incentivizes care providers to deliver efficient and effective long-term care services while controlling costs.
What information must be reported on Managed Long Term Care Partial Capitation Contract?
Information that must be reported on a Managed Long Term Care Partial Capitation Contract includes provider details, capitation rates, services covered, performance metrics, and compliance with applicable regulations.
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