Common use of Overpayment Recovery Clause in Contracts

Overpayment Recovery. In accordance with §3224-b of the New York State Insurance Laws, XXXXX may xxxx PROVIDER or Participating Provider for an Overpayment. PROVIDER shall be responsible to remit payment on such an Overpayment invoice within forty- five (45) days from receipt of invoice. Should XXXXX not receive payment within the aforementioned timeframe, XXXXX will, when legally permissible, automatically apply the Overpayment to other outstanding payables on PROVIDER’s account. XXXXX retains the right to seek assistance from various collection agencies and/or to suspend or permanently terminate PROVIDER from further participation in XXXXX’ network in accordance with the suspension and termination provisions set forth in this Agreement.

Overpayment Recovery. In accordance with §3224-b of the New York State Insurance Laws, XXXXX may xxxx bill PROVIDER or Participating Provider for an Overpayment. PROVIDER shall be responsible to remit payment on such an Overpayment invoice within forty- five (45) days from receipt of invoice. Should XXXXX not receive payment within the aforementioned timeframe, XXXXX will, when legally permissible, automatically apply the Overpayment to other outstanding payables on PROVIDER’s account. XXXXX retains the right to seek assistance from various collection agencies and/or to suspend or permanently terminate PROVIDER from further participation in XXXXX’ network in accordance with the suspension and termination provisions set forth in this Agreement.

Overpayment Recovery. In accordance with §3224-b of the New York State Insurance Laws, XXXXX may xxxx bill PROVIDER or Participating Provider for an Overpayment. PROVIDER shall be responsible to remit payment on such an Overpayment invoice within forty- five (45) days from receipt of invoice. Should XXXXX not receive payment within the aforementioned timeframe, XXXXX will, when legally permissible, automatically apply the Overpayment to other outstanding payables on PROVIDER’s account. XXXXX retains the right to seek assistance from various collection agencies and/or to suspend or permanently terminate PROVIDER from further participation in XXXXX’ network in accordance with the suspension and termination provisions set forth in this Agreement.

Overpayment Recovery. In accordance with §3224-b of the New York State Insurance Laws, XXXXX may xxxx PROVIDER or Participating Provider for an Overpayment. PROVIDER shall be responsible to remit payment on such an Overpayment invoice within forty- five (45) days from receipt of invoice. Should XXXXX not receive payment within the aforementioned timeframe, XXXXX will, when legally permissible, automatically apply the Overpayment to other outstanding payables on PROVIDER’s account. XXXXX retains the right to seek assistance from various collection agencies and/or to suspend or permanently terminate PROVIDER from further participation in XXXXX’ network in accordance with the suspension and termination provisions set forth in this Agreement.