Medical Assets definition

Medical Assets shall have the meaning set forth in Section 2.2.
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Medical Assets means the Company's right, title and interest in any assets as set forth on Schedule 1.47A which shall also be deemed to include (a) life insurance policies covering the life of any employee of the Company, and (b) personal effects listed on Schedule 1.47B.
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Medical Assets means generally, except as otherwise provided herein, all of the following described properties and assets used or useful in connection with the Business: (i) patient records and patient files; (ii) pharmaceutical supplies and inventories to the extent not already owned by Buyer, an affiliate of Buyer, or NYDM, and to the extent legally transferable by Seller; (iii) all transferrable certificates and licenses, if any, relating to the provision of professional medical services in New York; and (iv) temporary rights to the Medicare provider numbers for the Centers, pending issuance of new numbers to Buyer. The parties agree that assets may be added and removed from the date hereof until the Closing Date in the normal course of conduct of the Business consistent with the practices of Seller and NYDM as they have jointly conducted the Business in the past ("Normal Course"). Specifically excluded from this Agreement, the Medical Assets, and the purchase obligations herein are any and all assets, whether tangible or intangible, not described above (subject to addition and removal of assets by NYDM in the Normal Course), any tax refunds due to Seller, and any bank accounts.
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Examples of Medical Assets in a sentence

  • Neither REIT nor the Borrower will, and will not permit any Subsidiary to, directly or indirectly, engage in any line of business other than the ownership, operation and development of Data Center Assets and Medical Assets.

  • The personal property constituting the Nonmedical Assets constitute the only personal property necessary for the conduct of the Company's business (except for the Medical Assets).

  • The term "Nonmedical Assets" shall mean all of the assets of the Company except for the Medical Assets.

  • Except for the Medical Assets which are to be transferred to the New PC, the assets set forth in Disclosure Schedule 5.6, in conjunction with any assets which the Company leases, constitute all of the assets used by the Company in connection with its business as presently conducted.

  • Investments in the Equity Interests of any Persons that are not Unconsolidated Affiliates or Wholly Owned Subsidiaries, provided that such Person’s primary business is the ownership, operation and development of Data Center Assets or Medical Assets.

  • The term "Medical Assets" shall have the meaning set forth in Section 2.2.

  • An assignment(s) of all Medical Assets including the Managed Care Agreements to which the Company is a party to the New PC.

  • The term "Nonmedical Assets" shall mean all of the assets of the Company except for the Medical Assets, as such assets are more fully described in Section 2.1.

  • The term "Medical Assets" shall mean the Company's right, title and interest in any assets as set forth on Schedule 1.47A which shall also be deemed to include (a) life insurance policies covering the life of any employee of the Company, and (b) personal effects listed on Schedule 1.47B.

  • The personal property constituting the Nonmedical Assets constitute the only personal property necessary for the conduct of the Company's and the Partnership's respective businesses (except for the Medical Assets).


More Definitions of Medical Assets

Medical Assets means all assets associated with the practice of medicine pursuant to applicable state and federal Law, including but not limited to, (i) all agreements related to any Payor Programs, (iii) all employment agreements or consulting agreements between the Seller and existing Seller pathologists, and (iv) all licenses, certifications and approvals of Seller Pathologists.
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Medical Assets. As defined in Section 3.02 of the Purchase Agreement.
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Medical Assets shall have the meaning set forth in the recitals to this Agreement.
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Medical Assets means the Company's right, title and interest in any assets as set forth on Schedule 1.46A which shall also be deemed to include (a) life insurance policies covering the life of any employee of the Company, (b) personal effects listed on Schedule 1.46B, (c) accounts receivable owed to the Company by Vision 21 in the amount of __________ Dollars ($_________), (d) accounts receivable owed to the Company from Managed Health Services, Inc. of Florida Eye Care Associates relating to physician data review, administrator expenses, or medical services that were represented by cash held by Managed Health Services, Inc. or Florida Eye Care Associates as of August 31, 1997, (e) cash and cash equivalents in banks, certificates of deposit, commercial paper and securities owned by the Company (but excluding cash held in registers or pettx xxxh drawers on the Closing Date), and (f) those assets of which the entire cost of maintenance are deemed to be a "Practice Expense" as defined in the Business Management Agreement.
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Medical Assets means Physician Group's right, title and interest in and to (i) any drugs, pharmaceuticals, products, substances, items or devices whose purchase, possession, maintenance, administration, prescription or security requires the authorization or order of a licensed health care provider or requires a permit, registration, certification or any other governmental authorization held by a licensed health care provider as specified under any Legal Requirement, (ii) any records of identity, diagnosis, evaluation or treatment of patients, (iii) any insurance policies covering or relating to medical malpractice, (iv) any franchises, licenses, permits, certificates, approvals and other governmental authorizations necessary or desirable to own and operate any of the other Medical Assets, and (v) any contract or agreement that requires performance by a licensed health care provider under any Legal Requirement.
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Medical Assets the following assets and their associated liabilities and obligations belonging to Acquired Company to be sold to Medical Practice as part of the Contemplated Transactions:
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Related to Medical Assets

  • Medical equipment means equipment used in a patient care environment to support patient treatment and diagnosis.

  • Medical home means a team approach to providing health care that originates in a primary care setting; fosters a partnership among the patient, the personal provider, and other health care professionals, and where appropriate, the patient’s family; utilizes the partnership to access and integrate all medical and nonmedical health-related services across all elements of the health care system and the patient’s community as needed by the patient and the patient’s family to achieve maximum health potential; maintains a centralized, comprehensive record of all health-related services to promote continuity of care; and has all of the characteristics specified in section 135.158.

  • Medical supplies means items for medical use that are suitable for use in a health care facility or in the home and that are disposable or semi-disposable and are non-reusable.

  • medical food means a food that is intended for the dietary treatment of a disease or condition for which nutritional requirements are established by medical evaluation and is formulated to be consumed or administered enterally under the direction of a Practitioner.

  • Clinic means a facility that provides hemodialysis or peritoneal dialysis services to patients suffering from kidney disease.

  • Centers means the international agricultural and natural resources research centers that are members of the Consortium; and each a “Center”.

  • Medical Foods means any nutritional substances in any form that are:

  • Medical means belonging to the study and practice of medicine for the prevention, alleviation or management of a physical or mental defect, illness, or condition.

  • Medical care facility as used in this title, means any institution, place, building or agency, whether

  • Outpatient hospital services means preventive, diagnostic, therapeutic, observation, rehabilitation, or palliative services provided to an outpatient by or under the direction of a physician, dentist, or other practitioner by an institution that:

  • Palliative care means medical service rendered to reduce or moderate temporarily the intensity of an otherwise stable medical condition, but does not include those medical services ren- dered to diagnose, heal or permanently alleviate or eliminate a medical condition.

  • Stores means the goods specified in the Supply Order or schedule which the supplier / contractor has agreed to supply under contract.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Medical examination means the preliminary assessment of a person by an authorized health worker or by a person under the direct supervision of the competent authority, to determine the person’s health status and potential public health risk to others, and may include the scrutiny of health documents, and a physical examination when justified by the circumstances of the individual case;