Practice Revenues means gross collections of all revenues generated by or on behalf of the New PC (whether through subsidiaries or affiliates), including, but not limited to, all fees and charges collected as a result of professional orthodontic services furnished to patients by the New PC and for any other goods or services sold or provided to such patients. EXHIBIT A ORTHODONTIC OFFICES - MASTER LEASE [Xx. Xxxxxx Attach] EXHIBIT B PRACTICE PROVIDERS [Xx. Xxxxxx Attach] EXHIBIT C New PC'S AFFIDAVIT AFFIDAVIT I, Xxxxxxxx X. Xxxxxx, Xx., D.D.S., declare: I am an orthodontist, duly licensed in the State of Colorado and I practice through a professional corporation under the name ______________ (the "New PC"). I have had substantial experience in the practice of the Orthodontics and in managing and operating an orthodontic office. In the course of operating orthodontic offices, I have acquired significant knowledge as to the overhead costs incurred and gross receipts generated by similar types of orthodontic offices. Further, I am fully aware of the non-orthodontic, operational, accounting, billing, financing, management and personnel requirements of an orthodontic office and the cost factors involved in providing such management, personnel, accounting, billing, financing and operation. I have thoroughly reviewed the Management Services Agreement (the "Agreement"), which is effective as of ________________, 1997, between the New PC and Omega Orthodontics of Colorado Springs, Inc. (the "MSO") concerning the duties, responsibilities and obligations undertaken by the MSO in managing and operating all non-orthodontic aspects of the Orthodontic Office as contemplated by the Agreement. I have reviewed the prior operating financial statements of the orthodontic office located at 0000 Xxxxx Xxxxxxx Xxxxxxxxx, Xxxxx 000, Xxxxxxxx Xxxxxxx, Xxxxxxxx 00000 and an operating budget and estimated income of the orthodontic office, which, in my opinion, can reasonably be expected from the operation of said office. In my opinion, based upon my experience, the Management Fees of ____ Percent (___%) of "Practice Revenues" to be charged by the MSO as contemplated by the Agreement, will afford it a reasonable but not excessive return for its services rendered and obligations incurred. In addition, the New PC ____ Percent ( %) of "Practice Revenues" retained by the New PC, will provide reasonable earnings for the performance of orthodontic services. I declare under penalty of perjury that the forego...
Practice Revenues means gross collections of all revenues generated by or on behalf of the New PC (whether through subsidiaries or affiliates), including, but not limited to, all fees and charges collected as a result of professional orthodontic services furnished to patients by the New PC and for any other goods or services sold or provided to such patients. EXHIBIT A ORTHODONTIC OFFICES - MASTER LEASE [Xx. Xxxxxxxxxx Attach] EXHIBIT B PRACTICE PROVIDERS [Xx. Xxxxxxxxxx Attach] EXHIBIT C New PC'S AFFIDAVIT AFFIDAVIT I, Xxxxxx X. Xxxxxxxxxx, D.D.S., declare: I am an orthodontist, duly licensed in the State of Illinois and I practice through a professional corporation under the name ______________ (the "New PC"). I have had substantial experience in the practice of the Orthodontics and in managing and operating an orthodontic office. In the course of operating orthodontic offices, I have acquired significant knowledge as to the overhead costs incurred and gross receipts generated by similar types of orthodontic offices. Further, I am fully aware of the non-orthodontic, operational, accounting, billing, financing, management and personnel requirements of an orthodontic office and the cost factors involved in providing such management, personnel, accounting, billing, financing and operation. I have thoroughly reviewed the Management Services Agreement (the "Agreement"), which is effective as of ________________, 1997, between the New PC and Omega Orthodontics of Champaign, Inc. (the "MSO") concerning the duties, responsibilities and obligations undertaken by the MSO in managing and operating all non-orthodontic aspects of the Orthodontic Office as contemplated by the Agreement. I have reviewed the prior operating financial statements of the orthodontic office located at 0000 Xxxxx Xxxxxxxx, Xxxxxxxxx, Xxxxxxxx 00000 and an operating budget and estimated income of the orthodontic office, which, in my opinion, can reasonably be expected from the operation of said office. In my opinion, based upon my experience, the Management Fees of Seventy Five Percent (75%) of "Practice Revenues" to be charged by the MSO as contemplated by the Agreement, will afford it a reasonable but not excessive return for its services rendered and obligations incurred. In addition, the New PC Twenty Five Percent (25%) of "Practice Revenues" retained by the New PC, will provide reasonable earnings for the performance of orthodontic services. I declare under penalty of perjury that the foregoing statement ...
Practice Revenues means (a) all fees and charges actually recorded or booked each month by or on behalf of Practice as a result of professional medical services personally furnished to patients by Physician Shareholder and Practice Employees and other fees or income generated in their capacity as professionals, whether rendered in an inpatient or outpatient setting plus (b) Capitation Revenues.
Examples of Practice Revenues in a sentence
Payment to the MSO shall be made in monthly installments based on the Practice Revenues realized by the MSO for services rendered hereunder.
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.
This Agreement shall not constitute an assignment of Practice Revenues to the extent that such assignment is prohibited under applicable law.
All Practice Expenses (as defined in Attachment I hereto), including the compensation of Practice Providers, shall be the sole responsibility of Practice and shall be paid by the Practice out of its first available Practice Revenues.
The statements shall reflect Practice Revenues generated by or on behalf of the Practice and shall contain a comparison of actual and budgeted Practice Revenues and expenses.
More Definitions of Practice Revenues
Practice Revenues means, for any fiscal period, (a) all revenue recognized (net of adjustments, refunds, recoupment claims, repayments, fines, penalties, assessments, levies, disgorgements, restitutions or otherwise to any federal, state or local governmental agency or other payor) by or on behalf of the Practice or the Professional Staff as a result of the provision of Radiation Oncology Services and (b) all revenue recognized (net of adjustments, refunds, recoupment claims, repayments, fines, penalties, assessments, levies, disgorgements, restitutions or otherwise to any federal, state or local governmental agency or other payor) by the Practice or the Professional Staff in their capacity as employees of the Practice and rendered incident to this Agreement, 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.
Practice Revenues means gross collections of all revenues generated by or on behalf of the New PC (whether through subsidiaries or affiliates), including, but not limited to, all fees and charges collected as a result of professional orthodontic services furnished to patients by the New PC and for any other goods or services sold or provided to such patients.
Practice Revenues with respect to a Pod, the amount equal to all ----------------- revenues of Medical Group attributable to the Pod Practice or assigned by the Pod Physicians pursuant to their Employment Agreements with the Medical Group, net of federal, state and local income taxes of Medical Group, adjustments for uncollectible accounts, Medicare, Medicaid and other contractual allowances, discounts, workers' compensation adjustments, professional courtesies and other reductions in collections, including: (a) all professional fees and other charges actually recorded each month on an accrual basis of accounting under generally accepted accounting principles as a result of medical services rendered by Medical Group through the Pod and the Pod Physicians, whether rendered in an outpatient or inpatient setting; (b) the technical component of fees earned with respect to services rendered by Medical Group through the Medical Group Pod (including all fees for technical and ancillary services and all facility fees and similar charges); (c) all collections from managed care organizations and Payors, or payments made in respect of enrollees of such managed care organizations or Payors, including payments made periodically on a per member basis for the partial or total medical needs of a subscribing member, and any co-payments and incentive bonuses, management fees and other amounts received and fees paid in respect of services provided by or through the Pod as a result of a capitation plan or risk-sharing arrangement; (d) grants, fees and other payments in connection with basic or clinical research conducted by Pod Physicians or under grant programs, whether publicly or privately funded, including grants or programs for the care of special patient populations; (e) consulting fees of Pod Physicians, including without limitation honoraria, witness fees and like amounts; (f) fees and payments for workers compensation evaluations or independent medical examinations; (g) all coordination of benefits, patient co- payments or deductibles and third-party liability recoveries; and (h) any other revenues from the practice of medicine or provision of health care items and services of any kind, except to the extent that the parties may otherwise agree in writing). With respect to Pod R, Practice Revenues shall also include, without duplication of the foregoing, all revenues earned with respect to Pod R from sources of revenue that were included in the revenues of Clinical Associates prior to ...
Practice Revenues means the revenues generated by the Practice and its Practice Providers during the term of this Agreement.
Practice Revenues means, for any fiscal period, (a) all cash received (net of adjustments, refunds, recoupment claims, repayments, fines, penalties, assessments, levies, disgorgements, restitutions or other payments or allowances made to any federal, state or local governmental agency or other payor, and contractual allowances) by or on behalf of the Practice or the Professional Staff as a result of the provision of Radiation Oncology Services and (b) all cash received (net of adjustments, refunds, recoupment claims, repayments, fines, penalties, assessments, levies, disgorgements, restitutions or other payments or allowances made to any federal, state or local governmental agency or other payor, and contractual allowances) by the Practice or the Professional Staff in their capacity as employees of the Practice and rendered incident to this Agreement, 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.
Practice Revenues. 3 (m) "Shareholders" 3 Section 1.2 Other Defined Terms 3 Section 1.3 References 3 ARTICLE 2 - Company's Obligations 4 Section 2.1 No Medical Services 4 Section 2.2 Core Services 4 (a) Standard Marketing Program and Templates 4 (b) HSO Buying Group 5 (c) Managed Care Contract Priority 5 Section 2.3 Supplemental Services 6 Section 2.4 No Other Services6
Practice Revenues means, for any month, any and all revenue actually collected by or on behalf of the Owner and/or the Shareholders, no matter where generated, that resulted from the provision of ophthalmology, optometric and optical services, the sale of optical products, or otherwise by any professional activities of the Physicians, Optometrists or Physician Extender Employees, including without limitation income from expert fees and income generated by ambulatory surgical centers or Affiliates of the Owner; provided, however, that Practice Revenues shall not include revenue described on SCHEDULE 1.1(L), as such Schedule may be amended from time in accordance with Section 6.14 hereof.