Common use of Medicare and Medicaid Programs Clause in Contracts

Medicare and Medicaid Programs. Seller, Shareholder and each physician and licensed employee of Seller 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 e f fect with no defaults having occurred thereunder. Seller, Shareholder and each physician and licensed employee of Seller 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. 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 Seller, Shareholder and each licensed employee of Seller. Neither Seller, nor Shareholder, nor any physician or licensed employee of Seller has been convicted of, or pled guilty or nolo 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 2 contracts

Samples: Asset Purchase Agreement (Physicians Resource Group Inc), Asset Purchase Agreement (Physicians Resource Group Inc)

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Medicare and Medicaid Programs. SellerCompany, each Shareholder and each physician and licensed employee of Seller 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 e f fect effect with no defaults having occurred thereunder. SellerCompany, each Shareholder and each physician and licensed employee of Seller 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. 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 SellerCompany, each Shareholder and each licensed employee of SellerCompany. Neither SellerCompany, nor any Shareholder, nor any physician or licensed employee of Seller Company has been convicted of, or pled guilty or nolo 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: Share Exchange Agreement (Physicians Resource Group Inc)

Medicare and Medicaid Programs. Seller, Shareholder The Company and each physician doctor and licensed employee of Seller 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 e f fect effect with no defaults having occurred thereunder. SellerThe Company, each Shareholder and each physician doctor and licensed employee of Seller 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 there is no liability to any payor with respect thereto. 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 Sellerthe Company, any Shareholder and each any licensed employee of Sellerthe Company. Neither Sellerthe Company, nor any Shareholder, nor to the knowledge of the Shareholders, any physician doctor or licensed employee of Seller the Company has been convicted of, or pled guilty or nolo 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 Agreement (Sight Resource Corp)

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Medicare and Medicaid Programs. Seller, each Shareholder and each physician and licensed employee of Seller 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 e f fect effect with no defaults having occurred thereunder. Seller, each Shareholder and each physician and licensed employee of Seller 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. 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 Seller, each Shareholder and each e a c h licensed employee of Seller. Neither Seller, nor any Shareholder, nor any physician or licensed employee of Seller has been convicted of, or pled guilty or nolo 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: Asset Purchase Agreement (Physicians Resource Group Inc)

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