Physician Breakeven Date definition

Physician Breakeven Date means, with respect to any New Physician, the date on which the Collections generated by such New Physician during the period beginning on the New Physician Start Date and ending on the date of determination first equal or exceed (i) the aggregate amount of New Physician Compensation paid to such New Physician for the foregoing period plus (ii) that portion of the Medical Group Costs and Management Company Costs associated with such New Physician and/or the Medical Group Services provided by such New Physician.
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Examples of Physician Breakeven Date in a sentence

  • As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

  • As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 5.7 hereof, and one hundred percent (100%) of all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections of the Medical Group for purposes of this Agreement.

  • The remaining thirty three and one-third percent (33 1/3%) of such Collections shall belong to the Medical Group until the Physician Breakeven Date, and such amounts shall not be included in determining Collections for purposes of this Agreement.

  • In the event that the New Physician Breakeven Date has not occurred by the Release Date, the Medical Group may request that the Management Company extend the Release Date until the earlier to occur of (x) the date that is 180 days after the Release Date or (y) the New Physician Breakeven Date (such period being referred to herein as, the "Extended Payment Period").

  • As of the Physician Breakeven Date, the New Physician Compensation shall be payable by, and become the responsibility of, the Medical Group in accordance with Section 4.7 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

  • Notwithstanding anything contained herein to the contrary, during the period beginning on the New Physician Start Date (as hereinafter defined) and ending on the earlier to occur (such earlier date being referred to herein as, the "Release Date") of (i) the date that is 180 days after the New Physician Start Date or (ii) the New Physician Breakeven Date (as hereinafter defined), the Management Company shall be responsible for the payment of all New Physician Compensation (as hereinafter defined).

  • As of the Physician Breakeven Date, the New Physician Compensation shall become the sole responsibility of, the Medical Group in accordance with Section 5.6 hereof, and all of the Xxxxxxxx and Collections generated by such New Physician thereafter shall be considered Xxxxxxxx and Collections for purposes of this Agreement.

  • From and after the Physician Breakeven Date, the New Physician Compensation will become a Medical Group Cost, and all of the New Physician's collections will be considered Collections of the Medical Group.

Related to Physician Breakeven Date

  • Treating physician means an individual who:

  • Qualified physician means any physician who has not been excluded under the provisions of subpart I of this part. Except as otherwise provided by regulation, a qualified physician shall be deemed to be designated or ap- proved by OWCP.

  • Physician means a licensed practitioner of medical, surgical, dental, services or the healing arts including accredited Christian Science Practitioner, acting within the scope of his/her license. The treating physician cannot be the Insured, a Traveling Companion, a Family Member, or a Business Partner.

  • Licensed physician means a person licensed to practice

  • Specialist Physician means a licensed physician who qualifies as an attending physician and who examines a patient at the request of the attending physician or authorized nurse practitioner to aid in evaluation of disability, diagnosis, or provide temporary specialized treatment. A specialist physician may provide specialized treatment for the compensable injury or illness and give advice or an opinion regarding the treatment being rendered, or considered, for a patient’s compensable injury.

  • Testing Date means 31 December of each year.

  • Primary care physician or “PCP” means a Plan Provider who has an independent contractor agreement with HPN to assume responsibility for arranging and coordinating the delivery of Covered Services to Members. A Primary Care Physician’s agreement with HPN may terminate. In the event that a Member’s Primary Care Physician’s agreement terminates, the Member will be required to select another Primary Care Physician.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Participating physician means a physician licensed in Virginia to practice medicine, who practices