1166 Contract Type Code
Code identifying a contract type
- Type
- Identifier (ID)
- Length
- Min 2 / Max 2
- Codes
Code Description 01 Diagnosis Related Group (DRG) A patient classification scheme, which provides means of relating the type of patients a hospital treats to the costs incurred by the hospital, to determine quality of care and utilization of services in a hospital setting02 Per Diem A contract which allows certain charges to be on a rate per day basis03 Variable Per Diem A contract which allows certain charges to be on a rate per day basis, where the rate may not remain constant04 Flat A contract between the provider of service and the destination payor whereby the flat rate charges may differ from the total itemized charges05 Capitated A contract between the provider of service and the destination payor which allows payment to the provider of service on a per member per month basis06 Percent 09 Other AB Negotiated Growing Equity Mortgage (GEM) AC Anticipated Contract AD Federal Housing Authority Adjustable Rate Mortgage AE Federal Housing Authority Veterans Affairs Fixed Rate Mortgage (including standard Growing Equity Mortgages) AF Conventional Second Mortgages AG Conventional Fixed Rate Mortgages AH Federal Housing Authority Veterans Affairs Graduated Payment Mortgage AI Negotiated Conventional, Graduated Payment, or Step Rate Mortgage AJ Conventional Adjustable Rate Mortgage CA Cost Plus Incentive Fee (With Performance Incentives) CB Cost Plus Incentive Fee (Without Performance Incentives) CH Cost Sharing CP Cost Plus CS Cost CW Cost Plus Award Fee CX Cost Plus Fixed Fee CY Cost Plus Incentive Fee DI Distributor EA Exclusive Agency ER Exclusive Right FA Firm or Actual Contract FB Fixed Price Incentive Firm Target (With Performance Incentive) FC Fixed Price Incentive Firm Target (Without Performance Incentive) FD Fixed Price Redetermination FE Fixed Price with Escalation FF Fixed Price Incentive Successive Target (With Performance Incentive) FG Fixed Price Incentive Successive Target (Without Performance Incentive) FH Fixed Price Award Fee FI Fixed Price Incentive FJ Fixed Price Level of Effort FK No Cost FL Flat Amount FM Retroactive Fixed Price Redetermination FR Firm Fixed Price FX Fixed Price with Economic Price Adjustment LA Labor LE Level of Effort Describes a contract type where payment is made for the performance of a specified level of effortLH Labor Hours LM Legislative Mandated Rate Structure OC Other Contract Type A type of contract which is neither covered by an existing code nor previously mutually definedPR Prospect Reservation SP Same Percentage as Film Rental Earned (SPFRE) TM Time and Materials ZZ Mutually Defined
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