a. Payer and Provider agree to negotiate in good faith amendments to the rates established in this agreement, in the event 1) new technology not currently in use at the hospital is introduced, 2) there is a material change in the use of existing services, 3) there is a change in the place of service, 4) there is a coding change that affects the definition of the service, such that there is a material change in the costs non-contemplated by the current rates, or 5) there is new technology that has not yet been assigned an official CPT or HCPCS code by the Coding Committee of the AMA.
b. All such events will be classified as "New Technology." Such New Technology may include, but is not limited to, inpatient and outpatient services including base costs, supplies, pharmaceuticals, implantables, biologicals, devices, disposable or tissue that have been approved for such use by the FDA or other regulatory agency, as may be required by law and are no longer deemed experimental by a governmental entity, trade association or other generally accepted organization in the industry.
c. Provider shall provide to Payer its good faith estimate of the annual additional costs (the "Aggregate Costs") caused by the New Technology, which may be one event or all of multiple events listed above.
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