Common use of Facility Matters Clause in Contracts

Facility Matters. With respect to the Facilities: (i) As of September 30, 2005 (“OIG Check Date”), none of the professional licensed staff of any Facility was listed on the Office of Inspector General List of Excluded Individuals/Entities, and, to the Knowledge of Management Sellers, no such person has been excluded from federal healthcare program participation between the OIG Check Date and the date hereof; (ii) Schedule 4.1(p)(ii) hereto sets forth each of the Facilities that are certified for participation in Medicare and Medical Assistance (“Medicaid”) programs, and each has a current and valid provider contract with such programs; (iii) Schedule 4.1(p)(iii) sets forth opposite each Facilities’ name, all third-party payor programs in which such Facility participates and whether a Contract is in effect as of the date hereof with such third-party payors; and (iv) copies of the most recent written licensure survey reports and any and all written educational, group home, Medicare, Medicaid and JCAHO or other accreditation survey reports received by any member of the Keys Group with respect to the Facilities for which surveys were conducted by the appropriate state or federal agencies having jurisdiction thereof or JCAHO or other accreditation bodies have been made available to Buyer, along with copies of the applicable plans of correction which the agencies required to be submitted in response to such survey reports.

Appears in 2 contracts

Sources: Ownership Interest Purchase Agreement, Ownership Interest Purchase Agreement (Universal Health Services Inc)