Medicare Receivable definition

Medicare Receivable means any Receivable with respect to which the obligor is the United States that arises out of charges reimbursable to the Borrower or any Subsidiary under Medicare.

Medicare Receivable means a Receivable payable pursuant to a Medicare Provider Agreement.

Medicare Receivable means any Account with respect to which the obligor is a federal governmental authority (or agent thereof) obligated to pay, pursuant to federal Medicare program statutes or regulations, for services rendered to eligible beneficiaries thereunder.

Examples of Medicare Receivable in a sentence

• Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent (for the benefit of the Secured Parties), subject to Applicable Law, shall have the right to establish sole dominion and control over the Concentration Accounts and each Medicare Receivable Concentration Accounts, and the balances in such accounts shall be applied toward the payment of the Obligations.

• Each of the Grantors agrees to notify and instruct all obligors from time to time with respect to any Medicare Receivables to make any and all payments in respect of such Medicare Receivable only to the Medicare Collection Account.

• Buyer shall promptly notify Seller if it receives notice from any Payor, or patient, whether orally or in writing, stating that the amount of any Medicare Receivable is in dispute, including in such notice, to the extent known, a reasonably detailed description of the amount and nature of the dispute.

• At any time during the Collection Period, Seller may instruct Buyer to terminate its efforts to collect any Medicare Receivable, whereupon Buyer shall promptly transmit to Seller all records (including any Hospital Records) pertaining to such Medicare Receivable.

• Notwithstanding anything in this Agreement that might be construed to the contrary, this Agreement shall not constitute an agreement to assign any Medicare Receivable.

More Definitions of Medicare Receivable

Medicare Receivable has the meaning set forth in Section 1 of the Security Agreement.

Medicare Receivable an Account payable pursuant to a claim filed under a valid Medicare provider or supplier number.

Medicare Receivable means an agreement entered into between a state agency or other entity administering Medicare in such state and a healthcare facility or physician under which the healthcare facility or physician agrees to provide services or merchandise for Medicare patients.

Medicare Receivable means a Receivable payable to a Credit Party (i) pursuant to a Medicare Provider Agreement or (ii) pursuant to an assignment to such Credit Party under a Medicare Provider Agreement.

Medicare Receivable means any Receivable that is subject to the Medicare Regulations other than a Receivable payable by a third-party Obligor. ​

Medicare Receivable means any Receivable with respect to which the obligor is a federal governmental authority (or agent thereof) obligated to pay, pursuant to federal Medicare Program statutes or regulations, for services rendered to eligible beneficiaries thereunder and (vi) "VA Receivable" means any Receivable with respect to which the obligor is the Veterans' Administration or any successor thereto (or any agent thereof);

Medicare Receivable means any receivable of the Company or one of its Subsidiaries created in connection with services provided under Medicare.