Professional Revenues definition

Professional Revenues for any month shall mean all fees and income of the Practice, as determined pursuant to GAAP applied on a consistent basis, recorded each month (net of Adjustments) by or on behalf of the Practice, generated by the Professional Operations including, but not limited to, any fees generated by Physician Employees and Physician Extender Employees in their professional capacity such as medical director fees, consulting fees, and fees for expert testimony, but excluding any income derived by any such Physician Employee from any outside medical activity or related source not required to be assigned to the Group or the Practice as described in Section 6.2 hereof. Global-fee Practice revenues shall be allocated between Professional Revenues and Technical Revenues based upon the RVUs. To the extent RVUs or similar measures are no longer established by HCFA, global-fee Practice revenues shall be allocated between Professional Revenues and Technical Revenues based upon the last available RVU allocation [percentages - deleted in NY versions] on a modality-by-modality basis.

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Professional Revenues for any month shall mean all fees and income of the Group, as determined pursuant to GAAP applied on a consistent basis, recorded each month (net of Adjustments) by or on behalf of the Group, generated by the Professional Operations including, but not limited to, any fees generated by Physician Employees and Physician Extender Employees in their professional capacity such as medical director fees, consulting fees, and fees for expert testimony, but excluding any income derived by any such Physician Employee from any outside medical activity or related source not required to be assigned to the Group or Administrator as described in Section 6.2 hereof. Global-fee revenues shall be allocated between Professional Revenues and Technical Revenues based upon the RVUs. To the extent RVUs or similar measures are no longer established by CMS, global-fee revenues shall be allocated between Professional Revenues and Technical Revenues based upon the last available RVU allocation percentages on a modality-by-modality basis.

Professional Revenues for any month shall mean all fees and income of the Practice, calculated on an accrual basis, as determined pursuant to GAAP applied on a consistent basis, recorded each month (net of Adjustments) by or on behalf of the Practice, generated by the Professional Operations including, but not limited to, any fees generated by Physician Employees and Physician Extender Employees in their professional capacity such as medical director fees, consulting fees, and fees for expert testimony, but excluding any income derived by any such Physician Employee from any outside medical activity or related source not required to be assigned to the Group or the Practice as described in Section 6.2 hereof. Global-

Examples of Professional Revenues in a sentence

• The costs and expenses of such enforcement shall be included in Professional Expenses and all damages and other amounts recovered thereby shall be included in Professional Revenues.

• The Joint Planning Board shall approve Practice-provided non-medical ancillary services (including, without limitation, fees for technical services which do not generate Professional Revenues) based upon the pricing, access to, and quality of such services and shall review and adopt the fee schedule for all ancillary services.

• The Group covenants, and shall cause all Physician Employees and Physician Extender Employees to covenant, to forward any payments received with respect to any Professional Revenues or Technical Revenues generated for services provided by the Group or any of its Physician Employees and Physician Extender Employees to Administrator for deposit.

• The Joint Planning Board shall approve non-medical ancillary services (including, without limitation, fees for technical services which do not generate Professional Revenues) based upon the pricing, access to, and quality of such services and shall review and adopt the fee schedule for all ancillary services.

• In consideration for the payment to Employee of the compensation described herein, all receivables and collections attributable to Infertility Services provided by Employee to Employer patients and all other Physician and Other Professional Revenues shall become the property of Employer, and Employee agrees immediately to turn over to Employer any such fees received by Employee during the term hereof.

• All fees for Infertility Services and Physician and Other Professional Revenues for services rendered by Employee on behalf of Employer hereunder shall be billed and collected by Employer; provided, however, that pursuant to the terms of the INMD-Management Agreement, INMD shall carry out billing and collection functions on behalf of Employer.

• The Joint Planning Board shall approve Practice-provided non- medical ancillary services (including, without limitation, fees for technical services which do not generate Professional Revenues) based upon the pricing, access to, and quality of such services and shall review and adopt the fee schedule for all ancillary services.

More Definitions of Professional Revenues

Professional Revenues means all Clinical Revenues resulting from professional medical services personally furnished to patients by Physician Employees or provided under the supervision of, in conjunction with, Physician Employees and other fees or income generated by Physician Employees which were properly billed as physician professional fees (or as the physician professional fee component of capitated or global fees) under then recognized codes approved by the American Medical Association.

Professional Revenues for any month shall mean all fees and income of the Practice, calculated on an accrual basis, as determined pursuant to GAAP applied on a consistent basis, recorded each month (net of Adjustments) by or on behalf of the Practice, generated by the Professional Operations including, but not limited to, any fees generated by Physician Employees and Physician Extender Employees in their professional capacity such as medical director fees, consulting fees, and fees for expert testimony, but excluding any income derived by any such Physician Employee from any outside medical activity or related source not required to be assigned to the Group or the Practice as described in Section 6.2 hereof. Global-fee Practice revenues shall be allocated between Professional Revenues and Technical Revenues based upon the RVUs. To the extent RVUs or similar measures are no longer established by CMS, global-fee Practice revenues shall be allocated between Professional Revenues and Technical Revenues based upon the last available RVU allocation percentages on a modality-by-modality basis.