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

• Third Quarter 2016 Commercial Insurance 55.1% Medicare 20.7% Capitation 11.6% Workers Compensation/Personal Injury 4.0% Medicaid 3.2% Other 5.4% Total 100.0% **Capitation percentage has been calculated based upon its proportion of Revenue Under Capitation Arrangements in the period to Service Fee Revenue, Net of Contractual Allowances and Discounts plus Revenue Under Capitation Arrangements.

• Second Quarter 2017 Commercial Insurance 59.0% Medicare 19.7% Capitation 11.5% Workers Compensation/Personal Injury 3.7% Medicaid 2.7% Other 3.5% Total 100.0% **Capitation percentage has been calculated based upon its proportion of Revenue Under Capitation Arrangements in the period to Service Fee Revenue, Net of Contractual Allowances and Discounts plus Revenue Under Capitation Arrangements.

• Factor shall prepare and provide to Centocor forty-five (45) days after the end of each calendar quarter, a calendar quarterly report in the format set forth in Schedule "H" attached hereto and incorporated herein by reference, which report will show the ratio of Bad Debt to Nova Factor sales of Product for the calendar quarter and the ratio of Contractual Allowances to Nova Factor sales of Product for the calendar quarter.

• Any Loan Party shall understate by any material amount the Contractual Allowances or shall overstate by any material amount the Adjusted Amount of Eligible Receivables.

• Any Specified Subsidiary shall understate by any material amount its Contractual Allowances or shall overstate by any material amount its Adjusted Amount of Eligible Receivables.

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