Common use of Federal Health Care Programs Clause in Contracts

Federal Health Care Programs. (a) Neither Seller, any Group Member, any affiliate nor any person who has a direct or indirect ownership interest (as those terms are defined in 42 C.F.R. (S)1001.100 1(a)(2)) in any Group Member of 5% or more, or who has an ownership or control interest (as defined in Section 1 l24(a)(3) of the Social Security Act or any regulations promulgated thereunder) in any Group Member, or who is an officer, director, agent or managing employee (as defined in 42 C.F.R. 1001, 100 1(a)(i): (a) has had a civil monetary penalty assessed against it under Section 1 128A of the Social Security Act or any regulations promulgated thereunder; (b) has been excluded from participation under any federal health care program; or (c) has been convicted (as that term is defined in 42 C.F.R. (S) 1001.2) of any of the categories of offenses as described in the Social Security Act Section 1128(a) and (b)(l), (2), (3) or any regulations promulgated thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Select Medical Corp)

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Federal Health Care Programs. (a) Neither Seller, any Group MemberATH, any affiliate nor any person who has a direct or indirect ownership interest (as those terms are defined in 42 C.F.R. (S)1001.100 1(a)(2S)1001.1001(a)(2)) in any Group Member ATH of 5% or more, or who has an ownership or control interest (as defined in Section 1 l24(a)(31124(a)(3) of the Social Security Act or any regulations promulgated thereunder) in any Group MemberATH, or who is an officer, director, agent or managing employee (as defined in 42 C.F.R. 1001, 100 1(a)(i(S)1001.1001(a)(i): (a) has had a civil monetary penalty assessed against it under Section 1 128A 1128A of the Social Security Act or any regulations promulgated thereunder; (b) has been excluded from participation under any federal health care programFederal Health Care Program; or (c) has been convicted (as that term is defined in 42 C.F.R. (S) 1001.2S)1001.2) of any of the categories of offenses as described in the Social Security Act Section 1128(a) and (b)(lb)(1), (2), (3) or any regulations promulgated thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Select Medical Corp)

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Federal Health Care Programs. (a) Neither Seller, any Group Member, any affiliate nor any person who has a direct or indirect ownership interest (as those terms are defined in 42 C.F.R. (S)1001.100 1(a)(2Section 1001.1001(a)(2)) in any Group Member of 5% or more, or who has an ownership or control interest (as defined in Section 1 l24(a)(31124(a)(3) of the Social Security Act or any regulations promulgated thereunder) in any Group Member, or who is an officer, director, agent or managing employee (as defined in 42 18 C.F.R. 1001, 100 1(a)(iSection 1001.1001(a)(i): (a) has had a civil monetary penalty assessed against it under Section 1 128A 1128A of the Social Security Act or any regulations promulgated thereunder; (b) has been excluded from participation under any federal health care program; or (c) has been convicted (as that term is defined in 42 C.F.R. (S) Section 1001.2) of any of the categories of offenses as described in the Social Security Act Section 1128(a) and (b)(lb)(1), (2), (3) or any regulations promulgated thereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Novacare Inc)

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