Common use of Billing System Clause in Contracts

Billing System. The billing system for the Business comply with all Medicare requirements and is capable of fully functional operation, which means that the billing system is capable of, but not limited to, the performance of the following: (i) transmitting or receiving the necessary data for the processing of payments regardless of payor class; (ii) supporting and using software which meets all Medicare billing requirements; and

Billing System. The billing system for the Business and the IDTFs comply with all Medicare requirements and is capable of fully functional operation, which means that the billing system is capable of, but not limited to, the performance of the following: (i) transmitting or receiving the necessary data for the processing of payments regardless of payor class; (ii) supporting and using software which meets all Medicare billing requirements; and (iii) maintaining the necessary records of transactions and supporting data.