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Contractual allowances definition

Contractual allowances means, with respect to any Receivable, an amount set forth in the Monthly Report and approved by the Administrative Agent by which such Receivable, consistent with the applicable Originator’s historical collection experience, is expected to be reduced prior to payment thereof by the Obligor, as such amount may be adjusted, upwards or downwards, in the manner set forth in the Loan Agreement.
Contractual allowances means the difference between revenue (gross receipts) at
Contractual allowances means the difference between hospital published charges and payments generated by negotiated agreements for a different or discounted rate or method of payment. Charity care and bad debts are not included under the definition of contractual allowances;

Examples of Contractual allowances in a sentence

  • Contractual allowances, courtesy discounts, charity allowances and similar adjustments or allowances are offsets to revenue and not included in allowable costs.

  • Contractual allowances are recorded based upon preliminary estimates of reimbursable costs.

  • Contractual allowances include differences between established rates and amounts estimated by management to be collected under various reimbursement programs in effect.

  • Contractual allowances are estimated based on actual claims paid by third-party payors.

  • The filing should include hospital only amounts (if consolidated AFS are submitted) and a breakdown of Gross Revenue, Contractual allowances, Charity Care, Net Revenue and Bad Debts.


More Definitions of Contractual allowances

Contractual allowances means, with respect to any Receivable, an amount determined by the Collection Agent (or, subject and pursuant to Section 6.04(b), the Administrative Agent or any agent designated by the Administrative Agent), set forth in the Monthly Report and approved by the Administrative Agent and Managing Agent in accordance with Section 6.06 or as otherwise agreed in accordance with Section 2.09(b), by which such Receivable, consistent with the applicable Originator’s historical collection experience, is expected to be reduced prior to payment thereof by the Obligor, as such amount may be adjusted, upwards or downwards, in the discretion of the Collection Agent.
Contractual allowances means the difference between revenue at established rates and amounts realizable from third-party payors under contractual agreements.
Contractual allowances means the difference between hospital published charges and payments generated by negotiated agreements for a different or discounted rate or method of payment;
Contractual allowances is defined in the definition of Adjusted Amount of Eligible Receivables above.
Contractual allowances means the amount of discounts allowed by an intermediate care facility to certain payers from amounts billed for room, board and ancillary services.
Contractual allowances. [mean] means the amount of discounts allowed by a nursing home to certain payers from amounts billed for room, board and ancillary services.
Contractual allowances means the amount of discounts