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Bundled Payments for Care Improvement Application Model 3 ? Awardee Convener In this proposal, all references to ?applicant? Mean the proposed awardee convener1. For questions that require information
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Model 3 risk-bearing awardee refers to a specific type of award or grant program in which the recipient assumes financial risk for achieving certain predetermined outcomes or results.
The organization or individual who has been awarded the model 3 risk-bearing award is required to file it.
To fill out model 3 risk-bearing awardee, the recipient must provide relevant information such as project details, financial projections, risk mitigation strategies, and other required documentation specified by the awarding organization.
The purpose of model 3 risk-bearing awardee is to incentivize recipients to take on financial risk in order to achieve specific outcomes or results. It encourages innovation, efficiency, and accountability in the use of awarded funds.
The information that must be reported on model 3 risk-bearing awardee may include project progress, financial performance, risk assessment and management, outcomes achieved, and any other relevant data as required by the awarding organization.
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