Common use of Concession Fee Clause in Contracts

Concession Fee. a The Concessionaire shall pay to the Rogi Kalyan Samiti of the Hospital an amount of Rs _ _ in each Quarter as Concession Fee for Dialysis services provided at Hospital under the scheme or 20% of the gross total income generated from the facility in that quarter whichever is higher. For purpose of calculation of revenue earned from patients referred from Government hospitals the Rates for Dialysis Services as approved in Schedule- C will be taken into consideration. However the cost towards procurement of Dialysis Kits will not be included towards calculation of concession fees. b The concession fee shall be deposited / issued in the account of the Rogi Kalyan Samiti (RKS) of the Hospital by the Concessionaire for each Quarter not later than 10th working day of the following month of each of the completed Quarter. c The amount of Premium payment / concession fees so received by the RKS will be fully utilized by it for providing free services to the patients eligible for free services coming to the Dialysis Services facilities of the said hospital as per provisions mentioned under Article 6 of this Agreement and cannot be utilized for any other purpose until further Government orders. RKS or the Hospital Authorities will pay the service charges to the Private Partner against xxxx raised by the Private Partner for such cases after satisfactory verification of documents by accounts section of the hospital as per existing Government Order.

Appears in 5 contracts

Samples: Renewal Agreement, Renewal Agreement, Renewal Agreement

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