OBRA Sample Clauses
The OBRA clause refers to provisions required by the Omnibus Budget Reconciliation Act, a federal law that imposes certain regulatory requirements on healthcare providers and related contracts. In practice, this clause typically mandates compliance with specific federal standards, such as those governing patient care, billing practices, or reporting obligations, especially in agreements involving Medicare or Medicaid funding. Its core function is to ensure that contractual parties adhere to federal healthcare regulations, thereby reducing legal and financial risks associated with non-compliance.
OBRA. In accordance with Section 952 of the Omnibus Reconciliation Act of 1980 (PL 96–499), as amended from time to time, the Physician-in-Training agrees to make available for a period of four (4) years following completion of the term of this Agreement, upon request of the Secretary of Health and Human Services of the United States or of the United States Comptroller General or any of their authorized agents, all books, documents and records necessary to certify the nature and extent of the cost of the services rendered pursuant to this Agreement as required by federal statute or duly promulgated regulations.
OBRA. In accordance with Section 952 of the Omnibus Reconciliation Act of 1980 (PL 96-499), the Resident agrees to make available for a period of four (4) years following completion of the term of this Agreement, upon request of the Secretary of Health and Human Services of the United States or of the United States Comptroller General or any of their authorized agents, all books, documents and records necessary to certify the nature and extent of the cost of the services rendered pursuant to this Agreement as required by federal statute or duly promulgated regulations.