Common use of SUCCESSOR LIABILITY Clause in Contracts

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement (Diversicare Healthcare Services, Inc.), Corporate Integrity Agreement

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SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Progenity proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Progenity shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. Progenity, Inc. Corporate Integrity Agreement If, in advance of a proposed sale or a proposed purchase, Diversicare Progenity wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Progenity must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement (Progenity, Inc.), Corporate Integrity Agreement (Progenity, Inc.)

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare UHS proposes to (a) sell any or all of its behavioral health business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new behavioral health business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any behavioral health business, business unit, or location and any new behavioral health business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare UHS shall give notice of such sale or purchase to OIG within at least 30 days following prior to the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare UHS wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare UHS must notify OIG in writing of the proposed sale or purchase and include the following information at least 30 days in advance. This notification shall include : a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement, Corporate Integrity Agreement (Universal Health Services Inc)

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Healogics proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Healogics shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Healogics wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Healogics must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement, Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare Lincare proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Lincare shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Lincare wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Lincare must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement, Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Post Acute Medical proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Post Acute Medical shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Post Acute Medical wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Post Acute Medical must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement, Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare CHN proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare CHN shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If CHN wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare CHN must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 2 contracts

Samples: Corporate Integrity Agreement, Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare Renew proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Renew shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Xxxxx wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Renew must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Oglethorpe proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Oglethorpe shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Oglethorpe wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Oglethorpe must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Providence proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Providence shall give notice of such sale or purchase to OIG within at least 30 days following prior to the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Providence wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Providence must notify OIG in writing of the proposed sale or purchase and include the following information at least 30 days in advance. This notification shall include : a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that‌ If, after the Effective Date, Diversicare TEN proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare TEN shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If TEN wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare TEN must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare the Rush Organization proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare The Rush Organization shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare the Rush Organization wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare the Rush Organization must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Vascular Access Centers proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Vascular Access Centers shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Vascular Access Centers wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Vascular Access Centers must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare proposes the Parties propose to (a) sell any or all of its their business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare The Parties shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare wishes location. If the Parties wish to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of CIA requirements, the CIA, Diversicare Parties must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

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SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Ventura County proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Ventura County shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Ventura County wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition Ventura County Corporate Integrity Agreement will not be subject to the requirements of the CIA, Diversicare Ventura County must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare Numotion proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Numotion shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Numotion wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Numotion must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.purchaser.‌

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that‌ If, after the Effective Date, Diversicare Provider proposes to (a) sell any or all of its businessbusiness , business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Provider shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Provider wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Provider must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare CCH proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare CCH shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If CCH wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare CCH must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare SMMC proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare SMMC shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare SMMC wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not San Mateo Medical Center Corporate Integrity Agreement be subject to the requirements of the CIA, Diversicare SMMC must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event thatIf, after the Effective Date, Diversicare Rockport proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Rockport shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Rockport wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Rockport must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that‌ If, after the Effective Date, Diversicare Provider proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Provider shall give notice notify OIG, in writing, of such sale or purchase to OIG within 30 days following the closing of the transaction. Iftransaction and shall notify OIG, in advance writing, within 30 days of a proposed sale establishing such new business, business unit, or a proposed purchase, Diversicare location. If Provider wishes to obtain a determination by OIG that the a proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIACIA requirements, Diversicare Provider must notify OIG in writing at least 30 days in advance of the proposed sale or purchase at least 30 days in advancepurchase. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

SUCCESSOR LIABILITY. In the event that, after the Effective Date, Diversicare Millcreek proposes to (a) sell any or all of its business, business units, or locations (whether through a sale of assets, sale of stock, or other type of transaction) relating to the furnishing of items or services that may be reimbursed by a Federal health care program; , or (b) purchase or establish a new business, business unit, or location relating to the furnishing of items or services that may be reimbursed by a Federal health care program, the CIA shall be binding on the purchaser of any business, business unit, or location and any new business, business unit, or location (and all Covered Persons at each new business, business unit, or location) shall be subject to the applicable requirements of this CIA, unless otherwise determined and agreed to in writing by OIG. Diversicare Millcreek shall give notice of such sale or purchase to OIG within 30 days following the closing of the transaction. If, in advance of a proposed sale or a proposed purchase, Diversicare Xxxxxxxxx wishes to obtain a determination by OIG that the proposed purchaser or the proposed acquisition will not be subject to the requirements of the CIA, Diversicare Xxxxxxxxx must notify OIG in writing of the proposed sale or purchase at least 30 days in advance. This notification shall include a description of the business, business unit, or location to be sold or purchased, a brief description of the terms of the transaction and, in the case of a proposed sale, the name and contact information of the prospective purchaser.

Appears in 1 contract

Samples: Corporate Integrity Agreement

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