Grossing up definition

Grossing up of costs means applying to the non-Medicare patient services the same schedule of charges used by the servicing entity to bill the provider for Medicare patient services. Costs so determined should be added to the costs of services of Medicare patients. "Grossing up" of charges means applying the provider's standard charge structure to the non-Medicare patient services. If the provider does not have a charge structure, the charge structure used by the servicing entity may be used to apportion costs if it provides for similar charges for similar services to both Medicare and non-Medicare patients. Charges so determined should be added to charges for services to Medicare patients and used to apportion costs in accordance with the apportionment method the provider is required to use under the program.
Sample 1
Grossing up means that the distribution is treated as though notional tax equal to the basic rate of income tax has been paid on it. The actual distribution received is therefore treated as a “net” amount received. For instance, a £1,000 cash dividend received will be treated as though the gross amount was £1,265.82, with notional income tax of
Sample 1
Grossing up. Most leases provide that the “base year’s operating expenses,“ or any other year’s operating expense, if, during such year, building occupancy was below 95% for some extended (often 2 months is used) period of time during the calculation year, be calculated on the basis of the building being fully occupied. If such circumstance occurs, the landlord, in effect, “grosses-up” the operating expenses to reflect what landlord would have expended had the building been fully occupied for the entire year. A tenant, to protect itself from unjust charges, may require that the lease clearly distinguish between “fixed” expenses and “variable” expenses, and only the variable expenses be subject to adjustment. If calculated properly, a “gross-up” provision is generally fair and equitable.
Sample 1

Examples of Grossing up in a sentence

  • Grossing up the data by age and sex and by region to ONS population totals will reduce the standard errors of survey estimates if the survey variable is correlated with age, sex and region.

  • Grossing- up to the whole population is made by applying weights for individual records on the final database file.Triple automatic check is made during the data collecting and processing.

  • Grossing up of affiliation fees This issue was highlighted as a matter of importance by Cathal O’Caoimh as the recent AGM.

  • An [v(F ), d(F )]-LDF f is said to be ρ- permissible with respect to an assignment of F if for at least a ρ-fraction of the points x, F [x] is assigned f (x).Preliminaries 13 We show later that for a wide range of permissibility parameters ρ, the list of permissible LDFs is bounded by O(ρ−1).

  • Grossing- up of income of the non residents for TDS and assessment purposes.

  • Grossing up is a practice whereby the gross premium (ie including commission) agreed between broker and insurer (or reinsurer) is less than the premium which the broker notifies the proposed policyholder is payable.

  • Grossing up the five months contribution from BTFM, operating income grew $19 million or 7%.

  • Submission of Tax Invoice is a must after Grossing up the Bills as the price is inclusive of VAT and any other documents in connection with state VAT Act, as may be required from time to time.

  • Note that chapter 2.7: Sample frame and sample characteristics may overlap with chapter 3.4: Grossing up procedures.

  • Grossing up gives approximately 11.4 m rental/leasing transactions in total.


More Definitions of Grossing up

Grossing up. Operating Expenses. The provisions of this Section 4.8 -------------------------------- shall not apply to the Building at any time during which Tenant is leasing at least ninety-five percent (95%) of the Rentable Area of the Building. The provisions of this Section 4.8 shall apply to any other building(s) within the Project (excluding the Building) during any time in which any portion of the Premises is located in such other building(s). If any building to which the provisions of this Section 4.8 apply is not fully constructed and completed and/or does not have at least ninety-five percent (95%) of the Rentable Area thereof occupied during any calendar year period, then the Operating Expenses (other than those specific to the building as opposed to other portions of the Project) for such period shall be deemed to be equal to the total of (i) the Operating Expenses, other than Taxes, which would have been incurred by Landlord if the building had been fully constructed and completed and ninety-five percent (95%) of the Rentable Area of the building had been occupied for the entirety of such calendar year and (ii) the actual Taxes as defined in Paragraph 4.4(n) above. The annual amortization of costs shall be determined by dividing the original cost of such capital expenditure by the number of years of useful life of the capital item acquired, which useful life shall equal the number of years permitted by the Internal Revenue Service for amortization; if no Internal Revenue Service guidelines are available with respect to the item in question, the useful life shall be determined by Landlord on a reasonable, equitable and consistent basis. Operating Expenses shall be computed according to the cash or accrual basis of accounting, as Landlord may elect (in a reasonable, equitable and consistent basis) in accordance with standard and reasonable accounting principles employed by Landlord.
Sample 1
Grossing up of charges means applying the provider's standard charge structure to the non- Medicare patient services. Charges so determined should be added to charges for services to Medicare patients and used to apportion costs in accordance with the apportionment method the provider is required to use under the program.
Sample 1
Grossing up is defined as increasing the employee’s award amount in order to cover the employee’s taxes due on an award. When an award amount is “grossed-up” to cover the taxes, both the value of the award and the “grossed-up” tax coverage amount must be included in the employee’s gross income and wages.
Sample 1

Related to Grossing up

  • Capitol hill complex means the grounds and buildings within the area bounded by 300 North Street, Columbus Street, 500 North Street, and East Capitol Boulevard in Salt Lake City.

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Special Redemption and Liquidation Period shall be as set forth in the Prospectus under "Summary of Essential Information."

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Crossing means the construction, operation, repair, or maintenance of a facility over, under, or across a railroad right-of-way by a public utility.

  • Winding-Up means the period triggered by dissolution during which the limited liability company ceases to carry on business, except to the extent necessary for concluding affairs, and disposing of assets under section 10-32.1-51.

  • System with a single service connection means a system which supplies drinking water to consumers via a single service line.

  • Primary highway means any highway, other than an inter- state highway, at any time officially designated as a part of the fed- eral−aid primary system by the department and approved by the appropriate authority of the federal government.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Renewable Energy Certificates or “RECs” means all of the GIS Certificates and environmental benefits associated with New Class I RPS eligible resources.

  • Transit village means a community with a bus, train, light rail,

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • Operating Envelope means the limits on the Company's approved operations set out in Conditions 2.3 to 2.7 of this

  • Youth center means any public or private facility that is primarily used to host recreational or social activities for minors, including, but not limited to, private youth membership organizations or clubs, social service teenage club facilities, video arcades, or similar amusement park facilities.

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of the Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of the Performing Equipment Notes held in such Trust has been paid when due (without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates, but without giving effect to any reduction in the Pool Balance as a result of any distribution attributable to Deposits occurring after the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date, occurring after the initial issuance of the Certificates of such Trust). For purposes of calculating Expected Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest on the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • School operating purposes means the purposes included in the operation costs of the district as prescribed in sections 7 and 18 and purposes authorized under section 1211 of the revised school code, MCL 380.1211.

  • Undervote means that the elector does not properly designate any choice for an office or ballot question, and the tabulator records no vote for the office or question.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • M2M Flowgate means Flowgates where constraints are jointly monitored and coordinated as defined and set forth in Schedule D to this Agreement.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.