Common use of Medicare Participation/Accreditation Clause in Contracts

Medicare Participation/Accreditation. (a) All hospitals or significant health care facilities owned or operated as of the date hereof as continuing operations by Company or any Company Subsidiary (each, a "Company Facility") are certified for participation in the Medicare and Medicaid programs, have a current and valid provider agreement with the Medicare and Medicaid programs, have complied with all Medicare and Medicaid laws, rules, regulations, manuals and other conditions of participation of such programs, to the extent applicable, and have filed all cost reports and other requests for payment in the manner prescribed thereby except where the failure to be so certified, to have such agreements, or to be in such compliance would, individually or in the aggregate not have a Company Material Adverse

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Vencor Inc), Agreement and Plan of Merger (Transitional Hospitals Corp), Agreement and Plan of Merger (Transitional Hospitals Corp)

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Medicare Participation/Accreditation. (a) All hospitals or significant health care facilities owned or operated as of the date hereof as continuing operations by Company or any Company Subsidiary (each, a "Company Facility") are certified for participation in the Medicare and Medicaid programs, have a current and valid provider agreement with the Medicare and Medicaid programs, have complied with all Medicare and Medicaid laws, rules, regulations, manuals and other conditions of participation of such programs, to the extent applicable, and have filed all cost reports and other requests for payment in the manner prescribed thereby except where the failure to be so certified, to have such agreements, or to be in such compliance would, individually or in the aggregate not have a Company Material AdverseMaterial

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vencor Inc)

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