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What is a contract provider?

Contract Provider means any Person or any employee, agent or subcontractor of such Person who provides professional health care services under or pursuant to any contract with any Consolidated Party.

What are the main types of contracts?

Types of Contracts: Learn About the 13 Main Options Fixed-Price Contract. Cost-Reimbursement Contract. Cost-Plus Contract. Time and Materials Contract. Unit Price Contract. Bilateral Contract. Unilateral Contract. Implied Contract.

What is an example of a contractual agreement?

For example, whenever we buy a product at a store or go grocery shopping, we are entering into an agreement to purchase whatever it is we are purchasing. When we get a new job, we sign an employment agreement to start work thats a contract!

What is a contracted provider?

Definition: A medical provider that has an agreement with a health plan to accept their patients at a previously agreed upon rate for payment.

What are the two most common types of contracts?

The three most common contract types include: Fixed-price contracts. Cost-plus contracts. Time and materials contracts.

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