Net Practice Revenues shall also include any ancillary services revenues for services provided at the Medical Offices.
Net Practice Revenues means all revenues, computed on an accrual basis as defined by GAAP, (after taking into account adjustments for uncollectible accounts, discounts, Medicare, Medicaid, workers' compensation, professional courtesy discounts and other write-offs) generated by or on behalf of Practice or its employees as a result of professional medical services furnished to patients, and other fees or income generated by such persons in their capacity as Physician Shareholders, Practice Employees and employees of Practice, whether rendered in an inpatient or outpatient setting and whether generated from health maintenance organizations, preferred provider organizations, Medicare, Medicaid or rendered to other patients, including, but not limited to, payments received under any capitation arrangement. The term "Net Practice Revenues" shall also include any ancillary services revenues for services provided at the Medical Offices.
Net Practice Revenues means all revenues, computed on an accrual basis as defined by GAAP, (after taking into account adjustments for uncollectible accounts, discounts, contractual allowances, Medicare, Medicaid, CHAMPUS, workers' compensation, professional courtesy discounts and other write-offs) generated by or on behalf of Practice or its employees as a result of professional medical services furnished to patients, and other fees or income generated by such persons in their capacity as Physician Partners, Practice Employees and employees of Practice, whether rendered in an inpatient or outpatient setting and whether generated from health maintenance organizations, preferred provider organizations, Medicare, Medicaid or rendered to other patients, including, but not limited to, payments received under any capitation or risk withhold arrangements. The term "Net Practice Revenues" shall also include any ancillary services (e.g., hearing aids) revenues for services provided at the Medical Offices.
Examples of Net Practice Revenues in a sentence
The Advisory Board will review and make recommendations to Manager and Practice with respect to the proposed exclusion of any revenue from Net Practice Revenues.
Manager shall pay all Practice Expenses as they become due out of Net Practice Revenues; provided, however, that Manager may, in the name of and on behalf of Practice, contest in good faith any claimed Practice Expenses as to which there is any dispute regarding the nature, existence or validity thereof.
Revenue reports shall reflect the total gross revenues and Net Practice Revenues generated by or on behalf of the medial practice of Practice.
Manager shall pay out of Net Practice Revenues all rent due from the Effective Date forward with respect to the Medical Offices, and all costs of repairs, maintenance and improvements, telephone, electric, gas and water utility expenses, insurance, normal janitorial services, refuse disposal and all other costs and expenses reasonably incurred in connection with the operations of Practice including, but not limited to, related real or personal property lease payments and expenses, taxes and insurance.
The Estimated Collection Percentage will then be applied to such month's gross Practice revenues, resulting in estimated Net Practice Revenues for such month.
More Definitions of Net Practice Revenues
Net Practice Revenues shall include any ancillary services revenues provided at the Practice offices.
Net Practice Revenues means all revenue, calculated on a cash basis (after taking into account adjustments for refunds and set-offs), collected by or on behalf of the Practice, the P.C. or their respective employees as a result of professional medical services personally furnished to patients and other fees or income generated by such persons in their capacity as members of the Professional Staff (but excluding any revenues, fees or income generated by or on behalf of any Professional Staff Members as a result of or in connection with activities of such Professional Staff member in which Partnership or the other Professional Staff members, as a group, would have no financial interest under the terms of their Physician Employment Agreements with the P.C., as amended from time to time, and that are not billed, collected or otherwise administered through the P.C. or the Practice), whether rendered in an inpatient or outpatient setting and whether rendered to health maintenance organization, preferred provider organization, Medicare, Medicaid or other patients, including, but not limited to, payments received under any capitation arrangement. The term "Net Practice Revenues" shall include any ancillary services revenues provided at the Practice offices.
Net Practice Revenues means all revenue, calculated on a cash basis (after taking into account adjustments for refunds and set-offs), collected by or on behalf of the Practice, the Partnership or their respective employees as a result of professional medical services personally furnished to patients and other fees or income generated by such persons in their capacity as members of the Professional Staff (but excluding any revenues, fees or income generated by or on behalf of any Professional Staff Members as a result of or in connection with activities of such Professional Staff member in which Partnership or the other Professional Staff members, as a group, would have no financial interest under the terms of their Physician Employment Agreements with the Partnership, as amended from time to time, and that are not billed, collected or otherwise administered through the Partnership or the Practice), whether rendered in an inpatient or outpatient setting and whether rendered to health maintenance organization, preferred
Net Practice Revenues means all revenues, computed on an accrual basis as defined by GAAP, (after taking into account adjustments for uncollectible accounts, discounts, Medicare, Medicaid, workers' compensation, professional courtesy discounts and other write-offs) generated by or on behalf of Practice or its employees as a result of professional medical services furnished to patients, and other fees or income generated by such persons in their capacity as Physician Shareholders, Practice Employees and employees of Practice, whether rendered in an inpatient or outpatient setting and whether generated from health maintenance organizations, preferred provider organizations, Medicare, Medicaid or rendered to other patients, including, but not limited to, payments received under any capitation arrangement. The term "Net Practice Revenues" shall also include any ancillary services revenues for services provided at the Medical Offices, but shall not include remuneration received by Dr. Xxxxxx xxxm performing flight aviation physical examinations and similar aviation-related medical duties on his own time.
Net Practice Revenues shall also include any ancillary services revenues for services provided at the Medical Offices, but shall not include remuneration received by Dr. Xxxxxx xxxm performing flight aviation physical examinations and similar aviation-related medical duties on his own time.
Net Practice Revenues means, for any fiscal period, (i) all revenues recognized by or on behalf of a Practice or any of its Practice Employees, including New Practice Employees, as a result of professional medical services furnished to patients, ancillary services furnished to patients, pharmaceuticals and other items and supplies sold to patients (ii) other fees or income received by a Practice or its Practice Employees in their capacity
Net Practice Revenues means the sum of Ancillary Revenues, Capitation Revenues and Physician Services Revenues, provided however, notwithstanding anything herein to the contrary, revenues from the sources expressly set forth on Schedule 7.1 shall not be included in Net Practice Revenues.