Medicare Accounts definition
Examples of Medicare Accounts in a sentence
Each Pledgor shall establish and maintain one or more Deposit Accounts into which such Pledgor shall promptly deposit, and shall direct each Fiscal Intermediary or other Third Party Payor, in accordance with applicable law, including, without limitation, the Medicare and Medicaid regulations, to directly remit, all payments in respect of any Medicare Accounts or Medicaid Accounts (the “Medicare and Medicaid Accounts”).
A listing of all Accounts Receivable other than the Medicare Accounts Receivable is set forth on EXHIBIT 4-2 (the "NON-MEDICARE ACCOUNTS RECEIVABLE").
All statements made and all unpaid balances appearing in the invoices, instruments or other documentation evidencing each Account are true and correct and are in all material respects what they purport to be (except as to Medicare Accounts to the extent Borrowers and Guarantors are only entitled to payment of the Allowable Costs) and all signatures and endorsements that appear thereon are genuine.
Specifically, Care Choices authorizes the Attorney, to the fullest extent possible, for the sole purpose of confessing judgment on behalf of Care Choices to entry of a Judgment allowing Citizens to collect Medicare Accounts and Medicaid Accounts (each as defined in the Agreement) directly from the applicable Account Debtors (as defined in the Agreement).
In the event that Medicare or Medicaid law changes with respect to the rights of Lender to directly collect and receive payment on the Medicare Accounts or Medicaid Accounts, the Borrowers agree to use their best efforts to collect or assist Lender in collecting payment.
The parties acknowledge that the Non-Medicare Accounts Receivable are being assigned and an amount equal to the proceeds of the Medicare Accounts Receivable are being paid in full satisfaction of the Receivables Line.
To the extent required by applicable law as in effect from time to time, USML has the absolute right to receipt of Qualified Medicare Accounts and Qualified Medicaid Accounts free and clear from any presently known (after due inquiry) contractual adjustments, setoffs, or demands for reimbursements, recoupment, "recapture" or other recovery of overpayment occurring for any period, or similar rights of the payors thereof.
In regard to both Non-Medicare Accounts Receivable and Medicare Accounts Receivable, Oncology shall receive collections on account of said Accounts Receivable and pay an amount equal to all amounts actually collected to Response on a weekly basis.
Manager shall not take any action which would cause Landlord’s rental income from Tenant under the applicable Lease for the Hotels to fail to qualify as “rents from real property” pursuant to Sections 856(d)(8)(B) and 856(d)(9) of the Code.
Transferred Accounts Receivable" for purposes of this Agreement shall be defined to mean both the Medicare Accounts Receivable (as defined below) and the Non-Medicare Accounts Receivable (as defined below).