Patient Revenues. Revenues generated from the sale of goods or services at or through the Leased Properties, whether by Tenant or any subtenant or licensee of Tenant, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Leased Properties, but excluding revenues received by Tenant as rent or other consideration from a permitted assignment of this Lease or any part thereof or a permitted sublease of any Leased Property(ies) or any part thereof), and which revenues shall be measured and computed using substantially the same methodology as during the period between April 30, 1998 and the Existing Lease Effective Date and net of contractual adjustments of governmental and other third party payors.
Patient Revenues as defined in Section 2.1 hereof, shall have excluded therefrom all Patient Revenues attributable to the Expired/Terminated Properties;
Patient Revenues means revenues generated from the sale of goods or services at or through a Facility, whether by Tenant or any subtenant or licensee of Tenant, or any other party, which revenues are primarily derived from services provided to patients, including revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at such Facility, but excluding revenues received by Tenant as rent or other consideration from the permitted assignment of this Lease or any part thereof or a permitted sublease of any Facility or any part thereof.
Examples of Patient Revenues in a sentence
Tenant shall utilize, or cause to be utilized, an accounting system for the Leased Property in accordance with its usual and customary practices and in all material respects in accordance with GAAP, which will accurately record all Net Patient Revenues and Tenant shall retain, for at least three (3) years after the expiration of each Lease Year, reasonably adequate records conforming to such accounting system showing all Net Patient Revenues for such Lease Year.
Without limiting the generality of the foregoing, such proposal shall indicate the approximate projected cost of constructing such Capital Addition, the use or uses to which it will be put and a good faith estimate of the change, if any, in the Net Patient Revenues that Tenant anticipates will result from such Capital Addition.
Each such quarterly statement shall show the separate operations of each Leased Property, including, without limitation, (i) a breakdown of Patient Revenues and other revenues itemized by payor type and a reasonably detailed breakdown of operating expenses and (ii) patient census information by payor type (collectively, “Census Information”).
Calculation of Net Hospital Revenue from Patient Services (Used for LIUR) (W/S G-2 and G-3 of Cost Report) Inpatient Hospital Outpatient Hospital Total Patient Revenues (Charges) Non-Hospital Net Hospital Revenue Contractual Adjustments (formulas below can be overwritten if amounts are known) Inpatient Hospital Outpatient Hospital Non-HospitalNOTE: All data in this section must be verified by the hospital.
In the event of a partial Condemnation as described in Section 11.2, this Lease shall not terminate, but the Minimum Rent shall be abated and Base Net Patient Revenues shall be reduced in the manner and to the extent that is fair, just and equitable to both Tenant and Landlord, taking into consideration, among other relevant factors, the number of usable beds, the amount of square footage, or the revenues affected by such partial or temporary taking or damage or destruction.
More Definitions of Patient Revenues
Patient Revenues. Revenues generated from the sale of goods or services at or through the Leased Properties, whether by Tenant or any subtenant or licensee of Tenant, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Leased Properties, but excluding revenues received by Tenant as rent or other consideration from a permitted assignment of this Lease or any part thereof or a permitted sublease of any Leased Property(ies) or any part thereof), and which revenues shall be measured and computed using substantially the same methodology as during the period between April 30, 1998 (in the case of the Added Leased Properties) or April 27, 2007 (in the case of the other Leased Properties) and the Effective Date and net of contractual adjustments of governmental and other third party payors.
Patient Revenues means revenues generated from the sale of goods or services at or through the Properties, whether by a Borrower or any subtenant or licensee of such Borrower, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Mezzanine Properties), including but not limited to, Self-Pay Receivables and all other income, consideration, issues, accounts, profits or benefits of any nature arising from the ownership, possession, use or operation of such Mezzanine Property, including, without limitation, all rights to payment from the Medicare and Medicaid programs or similar state or federal programs, boards, bureaus or agencies (to the extent legally assignable under applicable law) and rights to payment from patients or private insurers, arising from the operation of such Mezzanine Property and all revenues, receipts, income, receivables and accounts relating to or arising from rentals, rent equivalent income, income and profits from guest rooms, meeting rooms, food and beverage facilities, vending machines, telephone and television systems, guest laundry, and the provision or sale of other goods and services.
Patient Revenues means revenues generated from the sale of goods or services at or through the Premises, whether by Subtenant or any subtenant or licensee of Subtenant, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Premises, but excluding revenues received by Subtenant as rent or other consideration from a permitted assignment of this Lease or any part thereof or a permitted sublease of the Premises or any part thereof).
Patient Revenues means any and all revenue and income derived from a Facility or the Facilities, as applicable, in the ordinary course of business from the provision of medical services or therapeutic care (exclusive of patient deposits).
Patient Revenues means revenues generated from the sale of ---------------- goods or services at or through the Mortgaged Properties, whether by the Facility Operator or any subtenant or licensee of Lessee, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Mortgaged Properties, but excluding revenues received by the Facility Operator as rent or other consideration from a permitted assignment of the Master Lease or any part thereof or a permitted sublease of any Mortgaged Property or any part thereof), and which revenues shall be measured and computed using the methodology required under the Master Lease and net of contractual adjustments of governmental and other third party payors.
Patient Revenues means revenues generated from the sale of goods or ---------------- services at or through the Properties, whether by Lessee or any subtenant or licensee of Lessee, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Properties, but excluding rents received by Lessee from a permitted sublease of any Property(ies) or any part thereof or other consideration received by Lessee from a permitted assignment of the Master Lease or any part thereof), and which revenues shall be measured and computed using the methodology required under the Master Lease and net of contractual adjustments of governmental and other third party payors.
Patient Revenues means revenues generated from the sale of goods or services at or through the Properties, whether by an Operator or any subtenant or licensee of such Operator, or any other party, which revenues are primarily derived from services provided to patients (including, without limitation, revenues received or receivable for the use of or otherwise by reason of all rooms, beds and other facilities provided, meals served, services performed or goods sold at the Properties), including but not limited to, Self-Pay Receivables and all other income, consideration, issues, accounts, profits or benefits of any nature arising from the ownership, possession, use or operation of such Property, including, without limitation, all rights to payment from the Medicare and Medicaid programs or similar state or federal programs, boards, bureaus or agencies (to the extent legally assignable under applicable law) and rights to payment from patients or private insurers, arising from the operation of such Property and all revenues, receipts, income, receivables and accounts relating to or arising from rentals, rent equivalent income, income and profits from guest rooms, meeting rooms, food and beverage facilities, vending machines, telephone and television systems, guest laundry, and the provision or sale of other goods and services.