Common use of No Requirement to Refer; Fair Market Value Clause in Contracts

No Requirement to Refer; Fair Market Value. [Buyer: if the Supplier is a health care provider or otherwise in a position to make or influence referrals of patients to UC, or is providing a good or service for which payment may be made by Medicare, Medi-Cal, or any other federal health care program, evidence of both (a) fair market value and (b) commercial reasonableness should be documented and retained in the file with the executed copy of this Agreement.] The Parties expressly acknowledge and agree that it is their intent to comply fully with all federal, state, and local laws, rules, and regulations. Supplier and UC each declare their intent that none of the terms of the Agreement are in exchange for any direct or indirect patient referrals or any arranged for, recommended, or promised referrals of patients. It is not the purpose nor is it a requirement of the Agreement to offer or receive any remuneration or benefit of any nature or to solicit, require, induce, or encourage the referral of any patient, nor the purchase, lease, order, arrangement, or recommendation to purchase, lease, or order any goods, services, items, or products for which payment may be made in whole or in part by Medicare or Medi-Cal or any other Federal Health Care program. Any payments made by UC to Supplier represent the fair market value of the Goods and/or Services rendered under this Agreement and are not in any way related to or depend upon referrals by and between the Parties. Supplier shall disclose to UC and Customer, as applicable, the existence of any financial relationship Supplier currently has or enters in to during the term of the Agreement with a physician (or entity composed of or employing a physician) who Supplier has reason to believe is a member of the medical staff of any UC facility, as applicable. The Agreement is not intended to influence a medical professional’s judgment in choosing the medical facility appropriate for the proper care and treatment of her or his patients.

Appears in 4 contracts

Samples: Article 1, Article 1, Article 1

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