Practice Revenue definition

Practice Revenue means all accrued revenues generated by or on behalf of VA or Physicians and Allied Health Professionals as a result of professional medical services furnished to patients, witness fees, medical director fees, IME’s, pharmaceuticals and all other items, products, services and supplies sold to patients and other fees or income generated by VA or Physicians rendered in an office, inpatient, outpatient or any other setting whatsoever or through clinical trial research and regardless of whether rendered to health maintenance organization, preferred provider organization, Medicare, Medicaid or other patients, including, but not limited to, payments under fee-forservice, case rate and capitation arrangements, less account adjustments for uncollectible accounts, discounts, Medicare, Medicaid, workers’ compensation, professional courtesy discounts, retroactive adjustments under payor contracts and other write-offs.
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Practice Revenue means the sum of all amounts recorded by Oncology as Physician Services Revenue, Non-Physician Revenue, Capitation Revenue and other revenue attributable to the conduct of Oncology's medical practice, but shall specifically exclude profits from any investment of Oncology in any partnership, joint venture, corporation, limited liability company and any other revenue not derived from the providing of services by employees of Oncology or Response.
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Practice Revenue means, for any Test Period with respect to any Managed Practice in connection with the provision of management services to a Managed Practice pursuant to a Management Services Agreement, (a) all revenues earned by or on behalf of the Managed Practice as a result of the provision of radiation oncology services, of a routine and emergency nature, and the performance of all services ancillary thereto and (b) all revenues earned by the Managed Practice whether received in an inpatient or outpatient setting and whether rendered to health maintenance organizations, preferred provider organizations, Medicare, Medicaid or Patients, including, but not limited to, payments received under any capitation arrangement, in each case, during such Test Period. For the avoidance of doubt, Practice Revenue shall include any and all revenue relating to the sale or use of products or supplies, clinical trials, treatment and outcome data, whether medical or pharmaceutical in nature, in connection with the provision of radiation oncology services, of a routine and emergency nature, and the performance of all services ancillary thereto and shall be determined on an accrual basis of accounting in accordance with GAAP.
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Examples of Practice Revenue in a sentence

  • If the Agreement to which this Schedule 3 is attached is terminated or expires, the foregoing Management Fees shall be payable to the MSO based on all Practice Revenue collected as of the date of termination or expiration.

  • The Base Fee and the Performance Fee will be computed as of the end of each calendar year based on amounts recorded as Practice Revenue and during the calendar year.

  • Draws of Incentive Compensation attributable to such month will be determined by applying the formula set forth on Exhibit B to the excess of Net Practice Revenue over Practice Expenses and will be paid by the 15th day of the following month.

  • The Practice shall therefore be entitled to perform such new ancillary service at the Practice's own expense and revenue therefrom shall not be Practice Revenue under this Agreement.

  • Should MidSouth decline to provide the necessary support service or ownership for the new ancillary service or new Practice office, the Practice shall be entitled to perform such service at the Practice's own expense and the revenue therefrom shall not be Practice Revenue under this Agreement.

  • The exclusion of -------------------------------------------------- any revenue from Practice Revenue, whether now or in the future, shall be subject to the unanimous approval of the Management Team, and the treatment of any expense as Practice Expense which is not otherwise addressed herein or in any budget shall be subject to the unanimous approval of the Management Team.

  • The cost and expense of such enforcement shall be a Practice Expense, and all damages and other amounts recovered thereby shall be considered Practice Revenue.

  • If the Agreement to which this Schedule 3 is attached is terminated or expires, the foregoing Management Fees (including any start up management fees) shall be payable to the MSO based on all Practice Revenue collected as of the date of termination or expiration.

  • One of the initiatives being considered is that of Private Practice Revenue.

  • If the Agreement to which this Schedule 3 is attached is terminated or expires, the foregoing management fees shall be payable to the MSO based on all Practice Revenue collected as of the date of termination or expiration.


More Definitions of Practice Revenue

Practice Revenue means all fees or Managed Care Payments actually recorded each month by or on behalf of the Practice as a result of professional medical services personally furnished or to be furnished to patients by Physician Employees or other professionals under control of the Practice and other fees or income generated in their capacity as professionals, whether rendered in an inpatient or outpatient setting, and any revenue generated from the sale of goods. Practice Revenue shall not include Excluded Revenue. It is the intent of the parties that Practice Revenue shall reflect the net realizable value of fees recorded each month.
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Related to Practice Revenue

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Operating Revenue means in any single fiscal year during the effective term of this Agreement, the total revenue generated by Party B in its daily operation of business of that year as recorded under the “Revenue of Principal Business” in the audited balance sheet prepared in accordance with the PRC accounting standards.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Sublicense Revenue means [***].

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.