Discounted Payment definition

Discounted Payment means the payment amount after application of a discount from its full charges for services offered by a hospital to patients who have no or inadequate insurance and qualify under the hospital’s discount payment policy.

Discounted Payment means that the Hospital shall limit the expected payment for Medically Necessary Services for Financially Qualified Patients to a discounted rate.

Discounted Payment means that a Hospital shall limit the expected payment for Medically Necessary Services to a discounted rate for Financially Qualified Patients whose income is between 201 and 350 percent, inclusive, of the Federal Poverty Level.

Examples of Discounted Payment in a sentence

• If the amount paid by insurance exceeds the Discounted Payment Maximum, the patient will have no further payment obligation.

• Name of Firm or Person submitting this offer: Street Address/City/State/Zip Signed by (written signature) Name and Title (type or print) Date Federal Tax ID Phone FAX E-mail Web site Discounted Payment Terms: Delivery Date: ALL BIDS MUST BE SIGNED Please bid all items as listed on the following page.

• If eligible, the patient's payment obligation will be an amount equal to the difference between what the Hospital receives from the insurance carrier and the Discounted Payment Maximum.

• An eligible patient with insurance will be obligated to pay an amount equal to the difference between what the Hospital receives from the insurance carrier and the Discounted Payment Maximum.

• Name of Firm or Person submitting this offer: Street Address/City/State/Zip Is your firm a Local Berkeley-based vendor: YES NO Signed by (written signature) Name and Title (type or print) Date Federal Tax ID Phone FAX E-mail Web site Discounted Payment Terms: Delivery Date: We have received and reviewed any/all addendum (addenda) related to this Invitation for Bid: ALL BIDS MUST BE SIGNED Please bid all items as listed on the following page.

• Both Self-Pay Patients and Patients with High Medical Costs shall be eligible to apply for the Discounted Payment Program.

• Eligibility guidelines and application procedures for Charity Care and Discounted Payment are detailed in this Policy.

• Name of Firm or Person submitting this offer: Street Address/City/State/Zip Signed by (written signature) Name and Title (type or print) Date Federal Tax ID Phone FAX E-mail Web site Discounted Payment Terms: Delivery Date: ALL BIDS MUST BE SIGNED Please bid all items as listed on the following page.Any reference to a manufacturer brand name, model or part number is for identification purposes only and the quality the City expects.

• EXHIBIT 1 Charity Care & Discounted Payment Program Patients who lack insurance or have inadequate insurance and meet certain low- and moderate-income requirements may qualify for discounted payments or charity care.

• If the Hospital provides a service for which there is no established payment by Medicare, then the Hospital shall establish an appropriate Discounted Payment amount.

More Definitions of Discounted Payment

Discounted Payment means a situation where the Hospital has determined the patient does not qualify for Full Charity Care, but is eligible for a discount and is expected to pay only a part of the bill. This is a form of Partial Charity Care.

Discounted Payment. Option shall mean the options provided for in Securitization Documents for the prepayment at a reduced amount of any of the Securitized Notes. Distribution shall mean, with respect to any Person, that such Person has paid a dividend or returned any equity capital to its stockholders, members or partners or made any other distribution, payment or delivery of property (other than common stock or partnership or membership interests of such Person) or cash to its stockholders, members or partners as such, or redeemed, retired, purchased or otherwise acquired, directly or indirectly, for a consideration any shares of any class of its capital stock or any membership or partnership interests (or any options or warrants issued by such Person with respect to its capital stock or membership or partnership interests), or shall have permitted any of its Subsidiaries to purchase or otherwise acquire for a consideration any shares of any class of the capital stock or any membership or partnership interests of such Person (or any options or warrants issued by such Person with respect to its capital stock or membership or partnership interests). Without limiting the foregoing, "Distributions" with respect to any Person shall also include all payments made by such Person with respect to any stock appreciation rights, plans, equity incentive or achievement plans or any similar plans, and any proceeds of a dissolution or liquidation of such Person. Dollars shall mean lawful money of the United States.

Discounted Payment means any charge for care that is reduced but not free.