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Third Party Registry: Difference between revisions
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==Policy== | ==Policy== | ||
The following serve as the guiding principles to follow when selecting a third-party vendor: | The following serve as the guiding principles to follow when selecting a third-party vendor: | ||
#Organizational Goals - the envisioned goals of the submission shall be clearly documented and communicated to assess the benefits versus risks to form a recommendation on why the submission | #Organizational Goals - the envisioned goals of the submission shall be clearly documented and communicated to assess the benefits versus risks to form a recommendation on why the submission should proceed. | ||
##Incentive Bonus - The amount the payer will increase payment if organization participates in the registry and the date required to submit to achieve. | ##Incentive Bonus - The amount the payer will increase payment if organization participates in the registry and the date required to submit to achieve. | ||
##Penalty Avoidance - The amount payer will decrease payment if organization does not participate in the registry and date required to submit to avoid penalty. | ##Penalty Avoidance - The amount payer will decrease payment if organization does not participate in the registry and date required to submit to avoid penalty. | ||