Common use of New Physician Compensation Costs Clause in Contracts

New Physician Compensation Costs. (a) Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of (or with respect to insurance benefits, for the prompt reimbursement of the Medical Group for, to the extent applicable) all New Physician Compensation (as hereinafter defined) and all New Physician Personnel Expense (as hereinafter defined), and notwithstanding anything to the contrary contained in this Agreement, shall receive, in consideration therefor, sixty six and two-thirds percent (66-2/3%) (such amount being referred to herein as the "New Physician Net Collections") of all Collections generated by such New Physician for those Medical Group Services performed by such New Physician, and such amounts shall not be included in determining Collections for purposes of this Agreement. The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group, and such amounts shall not be included in determining Collections for purposes of this Agreement. As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

New Physician Compensation Costs. (a) Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of (or with respect to insurance benefits, for the prompt reimbursement of reimburse the Medical Group for, to the extent applicable) on a monthly basis for all New Physician Compensation (as hereinafter defined) and all New Physician Personnel Expense (as hereinafter defined), and notwithstanding anything to the contrary contained in this Agreement, shall receive, in consideration therefor, sixty six and two-thirds percent (66-2/3%) (such amount being referred to herein as the "New Physician Net Collections") of all Collections generated by such New Physician for those Medical Group Services performed by such New Physician, and such amounts shall not be included in determining Collections for purposes of this Agreement. The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group, and such amounts shall not be included in determining Collections for purposes of this Agreement. As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the sole responsibility of, the Medical Group in accordance with Section 5.7 5.6 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

New Physician Compensation Costs. (a) Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of (or with respect to insurance benefits, for the prompt reimbursement of the Medical Group for, to the extent applicable) all New Physician Compensation (as hereinafter defined) and all New Physician Personnel Expense (as hereinafter defined), and notwithstanding anything to the contrary contained in this Agreement, shall receive, in consideration therefor, sixty six and two-thirds percent (66-2/3%) (such amount being referred to herein as the "New Physician Net Collections") of all Collections generated by such New Physician for those Medical Group Services performed by such New Physician, and such amounts shall not be included in determining Collections for purposes of this Agreement. The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group, and such amounts shall not be included in determining Collections for purposes of this Agreement. As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 4.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

New Physician Compensation Costs. (a) Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of (or with respect to insurance benefits, for the prompt reimbursement of the Medical Group for, to the extent applicable) all New Physician Compensation (as hereinafter defined) and all New Physician Personnel Expense (as hereinafter defined)and, and notwithstanding anything to the contrary contained in this Agreement, shall receive, in consideration therefor, sixty six and two-thirds percent (66-66 2/3%) (such amount being referred to herein as the "New Physician Net Collections") of all Collections generated by such New Physician for those Medical Group Services performed by such New Physician, and such amounts shall not be included in determining Collections Net Operating Income for purposes of this Agreement. The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group, Group and such amounts shall not be included in determining Collections Net Operating Income for purposes of this Agreement. As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.