Deductions from gross revenue definition

Deductions from gross revenue or "deductions from revenue" means reductions from gross revenue resulting from inability to collect payment of charges. For hospitals, such reductions include contractual adjustments; uncompensated care; administrative, courtesy, and policy discounts and adjustments; and other such revenue deductions, but also includes the offset of restricted donations and grants for indigent care.
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Deductions from gross revenue or “deductions from revenue” means reductions from gross revenue resulting from inability to collect payment of charges.
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Examples of Deductions from gross revenue in a sentence

  • Deductions from gross revenue the hospital derives from services it provides to patients and the sources of that revenue, including contractual adjustments, charity care and other noncon- tractual deductions.

  • This difference in the growth rate was driven by our new revenue initiatives, for example, card issuance, loans, bill payments and mobile-top ups, among others.Our Deductions from gross revenue from transaction activities and other services, which consist principally of taxes, amounted to R$119.0 million in the three months ended March 31, 2020, or 11.0% of our Gross revenue from transaction activities and other services for the quarter.

  • In the three months ended March 31, 2019, Deductions from gross revenue from transaction activities and other services totaled R$113.2 million, or 13.7% of our Gross revenue from transaction activities and other services for the quarter.

  • CAAEO&MRegulatory charges 45.6 40.7 Deductions from gross revenue refer to taxes (PIS/COFINS) and regulatory charges (CDE, RGR, R&D, PROINFA, and Inspection Fee), which are transferred to the tariff (gross-up).

  • Deductions from gross revenue, comprising taxes and returns, totaled R$130.6 million, or 19.3% of gross revenue in 1Q13, 1.1 p.p. down on 1Q12, due to higher direct sales to government clients, which are exempt from PIS and COFINS taxes.

  • Deductions from gross revenue comprise taxes levied on sales and services provided, discounts related to the University for All Program (ProUni), optional discounts granted, and monthly fees and sales returned and/or cancelled.

  • Deductions from gross revenue (taxes, charges and costs related to the penalties for unavailability (ADOMP), in the amount of R$ 32,6 million, comparing to R$ 52,7 million in 2Q18.In this quarter, the Company chose not to perform hedge operations of costs related to penalties for unavailability (ADOMP).The operational costs segment, excluding depreciation and amortization, totaled R$ 133.3 million, with reduction of 42.7% relative to 2Q18.

  • Deductions from gross revenue, comprising taxes and returns, totaled R$61.9 million in 2Q13, or 8.9% of gross revenue, 0.6 p.p. down on 2Q12, due to higher direct sales to government clients, which are exempt from PIS and COFINS taxes.

  • Only exemptions are Persons < 16 or > 65 years of age; and Kansas Disabled Veterans (30% or greater disability or a KDWPT Exempt license).

  • Deductions from gross revenue, comprising taxes and returns, totaled R$58.7 million in 3Q13, accounting for 9.6% of gross revenue, virtually in line with 3Q12.

Related to Deductions from gross revenue

  • Gross Revenue means:

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Gross receipts means the total revenue derived from sales, work done, or service rendered.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • gross tonnage means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I to the International Convention on Tonnage Measurement of Ships, 1969 or any successor Convention.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • CAISO Revenues means the net amount resulting from (a) the credits and other payments received by Buyer, as Seller’s Scheduling Coordinator, as a result of test energy from the Project delivered by Seller during the Test Period, including revenues associated with CAISO dispatches and (b) the debits, costs, penalties and interest that are directly assigned by the CAISO to the CAISO Global Resource ID for the Project for, or attributable to, scheduling and deliveries from the Project under this Agreement, which amount may result in a negative or positive value.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.