The MIPS 2017 Guarantee is only available to CareCloud Clients that are live on CareCloud’s latest EHR product before September 30, 2017. Client must agree to an updated CareCloud master services agreement containing Guarantee terms and conditions, prior to September 30, 2017. If Client meets the conditions in the Guarantee terms, and nonetheless is subject to a MIPS payment penalty (downward fee adjustment) based on Client’s MIPS Performance during the 2017 Reporting Year, CareCloud will provide Client with monthly credits equal to one (1) year’s worth of service on a CareCloud EHR product, provided that: (i) the amount of any such Credit shall not exceed Client’s total monthly invoice total with respect to such month; (ii) provided that if Client terminates its service agreement prior to Client receiving the full Credit amount, Client shall forfeit the remainder of the Credit amount; and (iii) provided that the Credits will be the Client’s sole and exclusive remedy with respect to any downward payment adjustment to Client’s Medicare fee schedule during the applicable MIPS year. Additional conditions apply and Clients should review the Guarantee terms in their service agreement.
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