Commercial Rate definition
Examples of Commercial Rate in a sentence
Subject to any maximum or minimum interest rate limitation specified herein or by applicable law, any variable rate of interest on the obligation evidenced hereby shall change automatically without notice to the undersigned immediately with each change in the Prime Commercial Rate.
University of Iowa Physician Average Commercial Rate (ACR) payments were the pass- through payments incorporated into the historical capitation rates.
The University of Iowa Hospital Average Commercial Rate (ACR) payments is a new state- directed alternative minimum fee schedule payment for inpatient and outpatient hospital services at qualifying Iowa State-Owned teaching hospitals with more than 500 beds and either or more distinct residency specialty or subspecialty programs recognized by the American College of Graduate Medical Education.
Additional contributions under this Section 7.3 shall constitute loans to the Company by the contributing Member at an interest rate equal to 2% over the Wilmington Trust Company National Commercial Rate at the end of each month, and shall be repaid by the Company within sixty (60) days from the date of its advance.
For example, if a Designated Payor’s Commercial Rate decreases by * from the Base Commercial Rate (which, for purposes of this example, is assumed to exceed the * threshold above), then, each Non-Medicare Fee Per Procedure rate shown in Exhibit 2 for that Designated Payor shall be decreased by *.
The Contributing Members shall be entitled to treat the amounts contributed pursuant to this section as a loan from the Contributing Members bearing interest at a rate equal to 2% over the Wilmington Trust Company National Commercial Rate in effect when the loan is made, secured by the Delinquent Member's interest in the Company.
The supplemental (directed) payment brings the final reimbursement to an Average Commercial Rate level, which is approximately 238% of Medicare for Inpatient services and 302% for Outpatient services Effective July 1, 2019, the State has implemented the Ground Emergency Medical Transportation (GEMT) Payment Program in accordance with 42 CFR 438.6(c).
The Prime Commercial Rate is not necessarily Creditor’s most favored rate.
In such case, when required by law, interest shall accrue hereunder at a variable rate of interest per annum, which shall change in the manner set forth below, equal to that number of basis points in excess of or below the Prime Commercial Rate as Lender in its sole and reasonable judgment and discretion shall determine.
By: ------------------------------- By: ------------------------------- Name: Name: Title: Title: Person to contact about this filing: Name: -------------------------- Telephone: --------------------- EXHIBIT E CERTIFICATE OF MERGER OF EPITOPE, INC.