Common use of Right to Assignment Clause in Contracts

Right to Assignment. Upon the assignment of a Claim to ORTHOSUPPLY MANAGEMENT, COMPANY hereby assigns to ORTHOSUPPLY MANAGEMENT any and all subsequent Claims arising from the same injury to COMPANY’s patient as the Claim being assigned. COMPANY understands that once ORTHOSUPPLY is notified by a payer that it will not receive monies for a particular claimant in litigation (denied claims), ORTHOSUPPLY will assign such denied claims to COMPANY pursuant to an assignment agreement in form satisfactory to ORTHOSUPPLY, and the ownership of said denied claims will revert back to COMPANY.