Common use of Billing/Collection Services Clause in Contracts

Billing/Collection Services. Flat Fee. OSMI will provide the billing & collection for the Provider’s Rehab Plus Solution. The fee for such services will be $3,500 per month and payable on the fifteenth (15) of every month; except that OSMI shall accrue the billing fee for the first two (2) months (for a total accrual of $7,000), and then such fee will be billed over the remaining ten (10) months of the Agreement (at $4,200 per month). By way of example, in months three (3) through twelve (12) of this Agreement the amount due from Provider for billing and collecting shall be $4,200 per month.

Appears in 2 contracts

Sources: Dme Supply and Related Services Agreement (Medical Solutions Management Inc.), Dme Supply and Related Services Agreement (Medical Solutions Management Inc.)