Common use of Third Party Payors Clause in Contracts

Third Party Payors. Except as described in the Registration Statement, the Prospectus and the Pricing Disclosure Package or as would not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect, the accounts receivable of the Company and each of its subsidiaries and JVs have been adjusted to reflect contractual allowances provided to third-party payors, private insurance companies, health maintenance organizations, preferred provider organizations, alternative delivery systems, managed care systems, government contracting agencies and other third-party payors and the rates established by governmental payors, including Medicare, Medicaid and, in some instances, for workers’ compensation claims. In particular, accounts receivable relating to such third-party payors do not exceed amounts any obligee is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to its usual charges.

Appears in 4 contracts

Samples: Underwriting Agreement (Surgery Partners, Inc.), Underwriting Agreement (Surgery Partners, Inc.), Surgery Partners, Inc.

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Third Party Payors. Except as described set forth in the Registration Statement, the Prospectus General Disclosure Package and the Pricing Disclosure Package Prospectus or except as would not, individually or in the aggregate, be reasonably expected to result in have a Material Adverse Effect, the accounts receivable of the Company and each of its subsidiaries and JVs Subsidiaries have been adjusted to reflect contractual allowances provided to third-party payors, private insurance companies, health maintenance organizations, preferred provider organizations, alternative delivery systems, managed care systems, government contracting agencies and other third-party payors and the rates established by governmental payors, including Medicare, Medicaid and, in some instances, for workers’ compensation claims. In particular, accounts receivable relating to such third-party payors do not exceed amounts any obligee is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to its usual charges.

Appears in 1 contract

Samples: Underwriting Agreement (Surgery Partners, Inc.)

Third Party Payors. Except as described set forth in the Registration Statement, the Prospectus and the Pricing Disclosure Package or and the Prospectus and except as would not, individually or in the aggregate, reasonably be reasonably expected to result in have a Material Adverse Effect, the accounts receivable of the Company and each of its subsidiaries and JVs Subsidiaries have been adjusted to reflect contractual allowances provided to third-party payors, such as Blue Cross/Blue Shield, private insurance companies, health maintenance organizations, preferred provider organizations, alternative delivery systems, managed care systems, government contracting agencies and other third-party payors and the rates established by governmental payors, including Medicare, Medicaid and, in some instances, for workers' compensation claims. In particular, accounts receivable relating to such third-party payors do not exceed amounts any obligee is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to its usual charges.

Appears in 1 contract

Samples: Underwriting Agreement (First Choice Healthcare Solutions, Inc.)

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Third Party Payors. Except as described set forth in the Registration Statement, the Prospectus and the Pricing Disclosure Package or and the Prospectus and except as would not, individually or in the aggregate, reasonably be reasonably expected to result in have a Material Adverse Effect, the accounts receivable of the Company and each of its subsidiaries and JVs have been adjusted to reflect contractual allowances provided to third-party payors, such as Blue Cross/Blue Shield, private insurance companies, health maintenance organizations, preferred provider organizations, alternative delivery systems, managed care systems, government contracting agencies and other third-party payors and the rates established by governmental payors, including Medicare, Medicaid and, in some instances, for workers’ compensation claims. In particular, accounts receivable relating to such third-party payors do not exceed amounts any obligee is entitled to receive under any capitation arrangement, fee schedule, discount formula, cost-based reimbursement or other adjustment or limitation to its usual charges.

Appears in 1 contract

Samples: Underwriting Agreement (ASC Acquisition LLC)

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