Common use of Medicare Participation/Accreditation Clause in Contracts

Medicare Participation/Accreditation. Except as would not reasonably be expected to have a Material Adverse Effect (a) the Company, its Subsidiaries and each Company Provider is qualified for participation in the Medicare, Medicaid and TRICARE programs, has a current and valid Company Provider contract with the Medicare, Medicaid and TRICARE programs, is in compliance in all material respects with the conditions of participation in such programs and all other Government Sponsored Health Programs in which such Company Provider participates, and has received all approvals or qualifications necessary for capital reimbursement on its assets, (b) each Hospital is duly accredited by The Joint Commission on Accreditation of Healthcare Organizations and (c) neither the Company nor any of its Subsidiaries has received any notice from any Governmental Entity which enforces the statutory or regulatory provisions in respect of any Government Sponsored Health Program of any pending or threatened litigation, amounts due or surveys, and neither the Company nor any of its Subsidiaries has any reason to believe that any such litigation is pending, threatened or imminent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Health Management Associates, Inc), Agreement and Plan of Merger (Community Health Systems Inc)

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Medicare Participation/Accreditation. Except as would not reasonably be expected to have a Parent Material Adverse Effect (a) the CompanyParent, its Subsidiaries and each Company Parent Provider is qualified for participation in the Medicare, Medicaid and TRICARE programs, has a current and valid Company Parent Provider contract with the Medicare, Medicaid and TRICARE programs, is in compliance in all material respects with the conditions of participation in such programs and all other Government Sponsored Health Programs in which such Company Parent Provider participates, and has received all approvals or qualifications necessary for capital reimbursement on its assets, (b) each Hospital is duly accredited by The Joint Commission on Accreditation of Healthcare Organizations and (c) neither the Company Parent nor any of its Subsidiaries has received any notice from any Governmental Entity which enforces the statutory or regulatory provisions in respect of any Government Sponsored Health Program of any pending or threatened litigation, amounts due or surveys, and neither the Company Parent nor any of its Subsidiaries has any reason to believe that any such litigation is pending, threatened or imminent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Health Management Associates, Inc), Agreement and Plan of Merger (Community Health Systems Inc)

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