Common use of Participation Agreements/Provider Status/Cost Reports Clause in Contracts

Participation Agreements/Provider Status/Cost Reports. (i) There is no investigation, audit, claim review, or other action pending or, to the knowledge of any Borrower, threatened which could result in a revocation, suspension, termination, probation, restriction, limitation, or non-renewal of any Third Party Payor participation agreement or provider number or other Healthcare Permit or result in a Borrower’s exclusion from any Third Party Payor Program, nor has any Third Party Payor Program made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit related to any Project, nor have the Borrowers made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit, nor is there any action pending or threatened to impose material intermediate or alternative sanctions with respect to any Project.

Appears in 2 contracts

Samples: Credit and Security Agreement (Emeritus Corp\wa\), Credit and Security Agreement (University General Health System, Inc.)

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Participation Agreements/Provider Status/Cost Reports. (i) There Other than a potential adverse determination for the Borrowers with respect to the Pending CID and as disclosed on Schedule 3.6, there is no investigation, audit, claim review, or other action pending or, to the knowledge of any Borrower, threatened in writing which could result in a revocation, suspension, termination, probation, restriction, limitation, or non-renewal of any Third Party Payor participation agreement or provider number or other Healthcare Permit or result in a Borrower’s exclusion from any Third Party Payor Program, nor has any Third Party Payor Program made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit related to any ProjectPermit, nor have the Borrowers made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit, nor is there any action pending or threatened in writing to impose material intermediate or alternative sanctions with respect to any ProjectBorrower.

Appears in 2 contracts

Samples: Credit and Security Agreement (BioTelemetry, Inc.), Credit and Security Agreement (CardioNet, Inc.)

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Participation Agreements/Provider Status/Cost Reports. (i) There is no investigation, audit, claim review, or other action pending or, to the knowledge of any Borrower, threatened (in writing) which could result in a revocation, suspension, termination, probation, restriction, limitation, or non-renewal of any Third Party Payor participation agreement or provider number or other Healthcare Permit or result in a Borrower’s exclusion from any Third Party Payor Program, nor has any Third Party Payor Program made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit related to any Project, nor have the Borrowers made any decision not to renew any participation agreement or provider agreement or other Healthcare Permit, nor is there any action pending or threatened (in writing) to impose material intermediate or alternative sanctions with respect to any Project.

Appears in 1 contract

Samples: Credit and Security Agreement (Integrated Healthcare Holdings Inc)

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