Common use of Compensation payable to Manager Clause in Contracts

Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Thousand Three Hundred Thirty Three Dollars ($23,333) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

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Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Eight Thousand Three Hundred Thirty Three Dollars ($23,33328,333) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.or

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Eighty Five Thousand Three Hundred Thirty Three Dollars ($23,33385,000) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Inpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Seventy Five Thousand Three Hundred Thirty Three Dollars ($23,33375,000) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Inpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

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Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Forty Seven Thousand Three Hundred Thirty Three Dollars ($23,33347,000) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Inpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

Compensation payable to Manager. by Medical Center shall be on a fixed fee basis and shall be the sum of Twenty Three Eighty Five Thousand Three Hundred Thirty Three Dollars ($23,33385,000) per month for each month of service provided hereunder. On or before the fifth (5th) day of each calendar month Manager will forward to Medical Center an invoice from the previous month for the fees due and payable by Medical Center under this Section 5. Medical Center shall have ten (10) days following receipt of any such invoice to dispute Manager's days of service or claim for reimbursement in writing, which shall set forth the reasons for such dispute. If Medical Center does not dispute an invoice, the payment of the Management Fee is expressly conditioned upon Manager: (1) preparing and submitting to Medical Center on a periodic basis, as determined by Medical Center, complete and accurate time records on such forms specified by Medical Center, and complying with all requirements and supplying all documents necessary to otherwise substantiate claims by Medical Center to third party payors for services of Manager, Medical Director, Outpatient Program Director and Manager's other personnel; and (2) otherwise at all times being in compliance with the terms and conditions of this Agreement. Except as otherwise provided herein, a failure by Medical Center to pay the submitted invoice by the thirtieth (30th) day following receipt of the invoice shall be a material breach of this Agreement by Medical Center, which shall give Manager the right to terminate this Agreement for cause, unless such failure is due to Manager's default under this or any other provision of this Agreement. Any such termination of this Agreement by Manager shall not affect Medical Center's obligation to pay undisputed amounts due Manager under this Agreement, less any applicable credits, withholds or deductions. Should this Agreement terminate for any reason as provided for under this Agreement prior to the end of a calendar month, Manager shall be paid a pro-rata amount for services rendered prior to the termination as payment in full for services provided under this Agreement.

Appears in 1 contract

Samples: Psychiatric Unit Management Services Agreement (Optimumcare Corp /De/)

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