Common use of Medicare and Medicaid Programs Clause in Contracts

Medicare and Medicaid Programs. The Company, each Shareholder and each licensed employee of the Company is qualified for participation in the Medicare and Medicaid programs and is party to provider agreements for such programs which are in full force and effect with no defaults having occurred thereunder. The Company, each Shareholder and each licensed employee of the Company has timely filed all claims or other reports required to be filed with respect to the purchase of services by third-party payors, and all such claims or reports are complete and accurate, and has no liability to any payor with respect thereto. To the best of Company's and Shareholders' knowledge, there are no pending appeals, overpayment determinations, adjustments, challenges, audit, litigation or notices of intent to open Medicare or Medicaid claim determinations or other reports required to be filed by the Company, each Shareholder and each licensed employee of the Company. Neither the Company, nor any Shareholder, nor to the best of Company's and Shareholder's knowledge, any licensed employee of the Company has been convicted of, or pled guilty or nolo contenders to, patient abuse or negligence, or any other Medicare or Medicaid program related offense and none has committed any offense which may serve as the basis for suspension or exclusion from the Medicare and Medicaid programs.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Orthalliance Inc), Agreement and Plan of Reorganization (Orthalliance Inc), Agreement and Plan of Reorganization (Orthalliance Inc)

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Medicare and Medicaid Programs. The Company, each Shareholder and each licensed employee of the Company is qualified for participation in the Medicare and Medicaid programs and is party to provider agreements for such programs which are in full force and effect with no defaults having occurred thereunder. The Company, each Shareholder and each licensed employee of the Company has timely filed all claims or other reports required to be filed with respect to the purchase of services by third-party payors, and all such claims or reports are complete and accurate, and has no liability to any payor with respect thereto. To the best of Company's and Shareholders' Shareholder's knowledge, there are no pending appeals, overpayment determinations, adjustments, challenges, audit, litigation or notices of intent to open Medicare or Medicaid claim determinations or other reports required to be filed by the Company, each Shareholder and each licensed employee of the Company. Neither the Company, nor any Shareholder, nor to the best of Company's and Shareholder's knowledge, any licensed employee of the Company has been convicted of, or pled guilty or nolo contenders contendere to, patient abuse or negligence, or any other Medicare or Medicaid program related offense and none has committed any offense which may serve as the basis for suspension or exclusion from the Medicare and Medicaid programs.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Orthalliance Inc)

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Medicare and Medicaid Programs. The Company, each Shareholder and each licensed employee of the Company is qualified for participation in the Medicare and Medicaid programs and is party to provider agreements for such programs which are in full force and effect with no defaults having occurred thereunder. The Company, each Shareholder and each licensed employee of the Company has timely filed all claims or other reports required to be filed with respect to the purchase of services by third-party payors, and all such claims or reports are complete and accurate, and has no liability to any payor with respect thereto. To the best of Company's and Shareholders' knowledge, there are no pending appeals, overpayment determinations, adjustments, challenges, audit, litigation or notices of intent to open Medicare or Medicaid claim determinations or other reports required to be filed by the Company, each Shareholder and each licensed employee of the Company. Neither the Company, nor any Shareholder, nor to the best of Company's and Shareholder's knowledge, any licensed employee of the Company has been convicted of, or pled guilty or nolo contenders contendere to, patient abuse or negligence, or any other Medicare or Medicaid program related offense and none has committed any offense which may serve as the basis for suspension or exclusion from the Medicare and Medicaid programs.

Appears in 1 contract

Samples: Form of Agreement and Plan of Reorganization (Plastic Surgery Co)

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