Common use of Rates and Reimbursement Policies Clause in Contracts

Rates and Reimbursement Policies. To the best knowledge of Stockholder, the jurisdiction in which the Corporation is located does not currently impose any restrictions or limitations on rates which may be charged to private pay patients receiving services provided by Corporation. To the best knowledge of Stockholder, Corporation has no rate appeal currently pending before any governmental authority or any administrator of any third-party payor program. Neither the Corporation nor Stockholder have knowledge of any applicable law, which has been enacted, promulgated or issued within the eighteen (18) months preceding the date of this Agreement or any such legal requirement proposed or currently pending in the jurisdiction in which Corporation is located, which could have a material adverse effect on Corporation or may result in the imposition of additional Medicaid, Medicare, charity, free care, welfare, or other discounted or government assisted patients at Corporation or require Corporation to obtain any necessary authorization which Corporation does not currently possess.

Appears in 2 contracts

Samples: Merger Agreement (Omega Health Systems Inc), Merger Agreement (Omega Health Systems Inc)

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Rates and Reimbursement Policies. To the best knowledge of Stockholder, the jurisdiction in which the Corporation is located does not currently impose any restrictions or limitations on rates which may be charged to private pay patients receiving services provided by Corporation. To the best knowledge of Stockholder, neither Corporation has no any rate appeal currently pending before any governmental authority or any administrator of any third-party payor program. Neither the Corporation nor Stockholder have knowledge of any applicable law, which has been enacted, promulgated or issued within the eighteen (18) months preceding the date of this Agreement or any such legal requirement proposed or currently pending in the jurisdiction in which Corporation is located, which could have a material adverse effect on Corporation or may result in the imposition of additional Medicaid, Medicare, charity, free care, welfare, or other discounted or government assisted patients at Corporation or require Corporation to obtain any necessary authorization which Corporation does not currently possess.

Appears in 1 contract

Samples: Merger Agreement (Omega Health Systems Inc)

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Rates and Reimbursement Policies. To the best knowledge of Stockholder, the jurisdiction in which the Corporation is Corporations are located does not currently impose any restrictions or limitations on rates which may be charged to private pay patients receiving services provided by either Corporation. To the best knowledge of Stockholder, neither Corporation has no any rate appeal currently pending before any governmental authority or any administrator of any third-party payor program. Neither the Corporation nor Stockholder have has knowledge of any applicable law, which has been enacted, promulgated or issued within the eighteen (18) months preceding the date of this Agreement or any such legal requirement proposed or currently pending in the jurisdiction in which Corporation is the Corporations are located, which could have a material adverse effect on either Corporation or may result in the imposition of additional Medicaid, Medicare, charity, free care, welfare, or other discounted or government assisted patients at either Corporation or require either Corporation to obtain any necessary authorization which either Corporation does not currently possess.

Appears in 1 contract

Samples: Merger Agreement (Omega Health Systems Inc)

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