Duties and Responsibilities of the Policy Board. The Policy Board shall have the following duties, obligations, and authority: (a) Capital Improvements and Expansion. Any renovation and expansion plans and capital equipment expenditures with respect to Medical Group's facilities shall be reviewed and approved by the Policy Board and shall be based upon economic feasibility, physician support, productivity and then current market conditions.
Appears in 2 contracts
Samples: Management Services Agreement (Raytel Medical Corp), Management Services Agreement (Raytel Medical Corp)
Duties and Responsibilities of the Policy Board. The Policy Board shall have the following duties, duties and obligations, and authority:
(a) Capital Improvements and Expansion. Any renovation and expansion plans and capital equipment expenditures and the financing thereof with respect to Medical Group's facilities Practice shall be reviewed and approved by the Policy Board Board, which for this purpose must include the approval of at least one member designated by Manager, and shall be based upon economic feasibility, physician support, productivity and then current market conditions.
Appears in 1 contract
Samples: Service Agreement (Medcath Inc)
Duties and Responsibilities of the Policy Board. The Policy Board shall have the following duties, obligations, and authority:
(a) Capital Improvements and ExpansionCAPITAL IMPROVEMENTS AND EXPANSION. Any renovation and expansion plans and capital equipment expenditures with respect to Medical GroupPC's facilities shall be reviewed and approved by the Policy Board and shall be based upon economic feasibility, physician dentist support, productivity productivity, technological innovations, competitive alternatives, age of existing capital equipment, and then current market conditions.
Appears in 1 contract
Samples: Management Services Agreement (Castle Dental Centers Inc)