Reimbursement from Third Party Payors. The accounts receivable of the Parent, the Borrower and their respective Subsidiaries have been and will continue to be adjusted to reflect the reimbursement policies required by all applicable Laws and other Third Party Payor Arrangements to which the Parent, the Borrower or such Subsidiary is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower or such Subsidiary is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges. To the knowledge of the Borrower and the Parent, all xxxxxxxx by any Subsidiary of the Parent, and to the extent applicable, the Parent, pursuant to any Third Party Payor Arrangements have been made in compliance with all applicable Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in a Material Adverse Effect. To the knowledge of the Borrower and the Parent, there has been no intentional or material over-billing or over-collection by any Subsidiary pursuant to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business with respect to such xxxxxxxx.
Appears in 1 contract
Samples: Credit Agreement (Medcath Corp)
Reimbursement from Third Party Payors. The accounts receivable of the ParentHoldings, the Borrower and their respective the Subsidiaries have been and will continue to be adjusted to reflect the reimbursement policies required by all applicable Laws Requirements of Law and other Third Party Payor Arrangements to which the ParentHoldings, the Borrower or such Subsidiary is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower or such Subsidiary is entitled to receive under any capitation arrangementar- rangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges. To the knowledge of the Borrower and the ParentHoldings, all xxxxxxxx by any Subsidiary of the Parent, and to the extent applicableHoldings, the Parent, Borrower and each Subsidiary pursuant to any Third Party Payor Arrangements have been made in compliance with all applicable Requirements of Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in a Material Adverse Effect. To the knowledge of the Borrower and the ParentHoldings, there has been no intentional or material over-billing or over-collection by the Borrower or any Subsidiary pursuant to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business with respect to such xxxxxxxx.
Appears in 1 contract
Samples: Credit Agreement (United Surgical Partners International Inc)
Reimbursement from Third Party Payors. The accounts receivable of the ParentHoldings, the Borrower and their respective the Subsidiaries have been and will continue to be adjusted to reflect the reimbursement policies required by all applicable Laws Requirements of Law and other Third Party Payor Arrangements to which the ParentHoldings, the Borrower or such Subsidiary is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower or such Subsidiary is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges. To the knowledge of the Borrower and the ParentHoldings, all xxxxxxxx bxxxxxxx by any Subsidiary of the Parent, and to the extent applicableHoldings, the Parent, Borrower and each Subsidiary pursuant to any Third Party Payor Arrangements have been made in compliance with all applicable Requirements of Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in a Material Adverse Effect. To the knowledge of the Borrower and the ParentHoldings, there has been no intentional or material over-billing or over-collection by the Borrower or any Subsidiary pursuant to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business with respect to such xxxxxxxxbxxxxxxx.
Appears in 1 contract
Reimbursement from Third Party Payors. The accounts receivable of the Parent, the ------------------------------------- Borrower and their respective its Subsidiaries have been and will continue to be adjusted to reflect the reimbursement policies required by under all applicable Laws Requirements of Law and other Third Party Payor Arrangements to which the Parent, Borrower or such Subsidiary (or the physician practices for which the Borrower or such Subsidiary bills and collects) is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower or such Subsidiary (or the physician practices for which the Borrower or such Subsidiary bills and collects) is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges. To the knowledge of All physician practices xxxxxxxx by the Borrower and the Parent, all xxxxxxxx by any each Subsidiary of the Parent, and to the extent applicable, the Parent, pursuant to any physician practices' Third Party Payor Arrangements have been made in compliance with all applicable Requirements of Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in have a Material Adverse Effect. To the knowledge of the Borrower ; and the Parent, there has been no intentional or material over-billing overbilling or over-collection by any Subsidiary overcollection pursuant to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business payors with respect to such xxxxxxxx.
Appears in 1 contract
Samples: Credit Agreement (Us Oncology Inc)
Reimbursement from Third Party Payors. The accounts receivable of the ParentHoldings, the Borrower and their respective the Restricted Subsidiaries have been and will continue to be adjusted to reflect the reimbursement policies required by all applicable Laws Requirements of Law and other Third Party Payor Arrangements to which the ParentHoldings, the Borrower or such Restricted Subsidiary is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower or such Restricted Subsidiary is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges, except, in each instance, where failure to comply with the foregoing would not, individually or in the aggregate, be reasonably likely to have a Material Adverse Effect. To the knowledge of All bxxxxxxx by Holdings, the Borrower and the Parent, all xxxxxxxx by any each Restricted Subsidiary of the Parent, and to the extent applicable, the Parent, pursuant to any Third Party Payor Arrangements have been made in compliance with all applicable Requirements of Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in have a Material Adverse Effect. To the knowledge None of the Borrower or any Restricted Subsidiary (i) has retained an overpayment received from, or failed to refund any amount due to, any Third Party Payor in violation of any Healthcare Law or Third Party Payor Arrangement, where such retention or failure to refund would, individually or in the aggregate, be reasonably likely to have a Material Adverse Effect; and the Parent(ii) except as set forth on Schedule 3.17, there has been no intentional received written notice of, or has knowledge of, any material over-billing overpayment or over-collection by any Subsidiary pursuant refunds due to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business with respect to such xxxxxxxxPayor.
Appears in 1 contract
Reimbursement from Third Party Payors. The accounts receivable of the ParentHoldings, the Borrower and their respective the Subsidiaries and, to the knowledge of Holdings and the Borrower, the Affiliated Practices have been and will continue to be adjusted to reflect the reimbursement policies required by all applicable Laws Requirements of Law and other Third Party Payor Arrangements to which the ParentHoldings, the Borrower or Borrower, such Subsidiary or Affiliated Practice is subject, except where failure to do so could not reasonably be expected to have a Material Adverse Effect and do not exceed in any material respect amounts the Borrower Borrower, such Subsidiary or such Subsidiary Affiliated Practice is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to usual charges. To All xxxxxxxx by Holdings, the Borrower, each Subsidiary and, to the knowledge of the Borrower and the ParentBorrower, all xxxxxxxx by any Subsidiary of the Parent, and to the extent applicable, the Parent, each Affiliated Practice pursuant to any Third Party Payor Arrangements have been made in compliance with all applicable Requirements of Law, except where failure to comply would not, individually or in the aggregate, be reasonably likely to result in have a Material Adverse Effect. To the knowledge of the Borrower and the Parent, there There has been no intentional or material over-billing or over-collection by the Borrower or any Subsidiary pursuant to any Third Party Payor Arrangements, other than as created by (i) routine adjustments and disallowances made in the ordinary course of business by the Third Party Payors or (ii) routine refunds and adjustments made by any Subsidiary in the ordinary course of business with respect to such xxxxxxxx.
Appears in 1 contract
Samples: Credit Agreement (St. Louis Pharmaceutical Services, LLC)