Net Practice Revenues definition

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.

  • David Pinder had already explained the History Society grant application of £175 for the installation of a screen at the Wembury War Memorial Village Hall which would be controlled electronically.

  • The Estimated Collection Percentage will then be applied to such month's gross Practice revenues, resulting in estimated Net Practice Revenues for such month.

  • An amount equal to the excess of Net Practice Revenues over Practice Expenses will be transferred by Manager to Practice and used by Practice to pay Physician Expenses on such 15th day.

  • 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.


More Definitions of Net Practice Revenues

Net Practice Revenues means the sum of Ancillary Revenues, Capitation Revenues and Physician Services Revenues excluding however (a) revenue from investments made individually by Physician Shareholders; and (b) revenue from medical director fees of a Physician Shareholder if (i) such medical directorships are not in violation of any agreement to which the Physician Shareholder is bound, and (ii) such revenue was not included or reflected in financial information or statements of Practice which were provided to Manager in order to induce Manager to enter into the transactions contemplated by the Master Transaction Agreement.
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.
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 fees recorded (or recordable) each month (net of Adjustments) after September, 1996, by or on behalf of Practice as a result of professional medical services personally furnished to patients by employees of Practice or of any Associated PA and other fees or income generated by employees of Practice or of any Associated PA in their capacity as professionals, whether rendered in an inpatient or outpatient setting plus any other amounts received by Practice for medical matters, including revenues from ancillary services, medical director fees, capitation agreements and health care related investments. Net Practice Revenues shall not include any fees received for services performed prior to the date Manager begins providing services to Practice hereunder.
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 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.