Examples of Professional Operations in a sentence
The Group shall be solely responsible for matters involving its corporate governance, employees and similar internal matters, including, but not limited to, preparation and contents of such reports to regulatory authorities governing the Professional Operations that the Group is required by law to provide, and distribution of salaries and professional fee income among the Group Physician Stockholders, Physician Employees and Physician Extender Employees.
The parties recognize that the services to be provided by Administrator hereunder shall be feasible only if the Group operates active Professional Operations and Technical Operations to which the physicians associated with the Practice devote their full medical time and attention.
To the extent the Premises or Personal Property are used in connection with the Professional Operations, the costs and expenses associated with such usage shall be allocated between Professional Expenses and Technical Expenses as approved by the Joint Planning Board.
During the term of this Agreement, and for a reasonable time thereafter, the Group or its agents shall have reasonable access during normal business hours to the Group's and Administrator's personnel and financial records relating to the Professional Operations and the Technical Operations, including, but not limited to, records of collections, expenses and disbursements as kept by Administrator in performing Administrator's obligations under this Agreement, and the Group may copy any or all such records.
The Group shall, and shall use its best efforts to cause the Physician Employees, Physician Extender Employees and other employees of the Group to, comply with all applicable federal, state and local laws, rules, regulations and restrictions in the conduct of the Professional Operations and the Technical Operations.
Administrator is authorized to perform its services hereunder as is necessary or appropriate for the efficient operation of the Professional Operations and the Technical Operations, including, without limitation, performance of some of the business office functions at locations other than the Practice Sites.
The Joint Planning Board shall develop a plan which depicts the strategic direction of the Professional Operations and the Technical Operations, as updated from time to time.
All records relating in any way to the operation of the Professional Operations and the Technical Operations (other than Group Records) shall, subject to the obligations of the Group and Administrator to maintain patient medical records pursuant to Section 3.2(g), at all times be the property of Administrator as set forth in Section 3.2(g).
The Group shall assume all of Administrator's and its Affiliates' liabilities, debt, payables and other obligations (including lease and other contractual obligations), or portions thereof, which relate directly or are directly attributable to the Professional Operations, Technical Operations or the Purchase Assets (the "Practice Related Liabilities").
The Group and Administrator, Parent and their Affiliates agree that good communication between the parties is essential to the successful performance of this Agreement, and each pledges to communicate fully and clearly with the other on matters relating to the successful operation of the Professional Operations and the Technical Operations.