Governmental Receivables definition

Governmental Receivables means, collectively, any and all Receivables which are (a) Medicare Receivables, (b) Medicaid Receivables, (c) CHAMPVA Receivables, (d) TRICARE Receivables, or (e) any other Receivables payable by a Governmental Authority, or its agent, administrator, intermediary or carrier, approved by the Administrative Agent.

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Governmental Receivables means an Account Receivable of VERO II which (i) arises in the ordinary course of business of VERO II, (ii) has as its Third-Party Payor the United States of America or any state or any agency or instrumentality of the United States of America or any state which makes any payments with respect to Medicare or Medicaid or with respect to any other program (including CHAMPUS) established by federal or state law, and (iii) is required by federal or state law to be paid or to be made to VERO II as a healthcare provider. Governmental Receivables shall not, however, refer to amounts payable by private insurers under contract to provide benefits under the Federal Employee Health Benefit Program.

Governmental Receivables means the Accounts Receivable of the Practice which (i) arise in the ordinary course of business of the Practice, (ii) have as their third party payor the United States of America or any state or any agency or instrumentality of the United States of America or any state which makes any payment with respect to Medicare or Medicaid or with respect to any other program (including CHAMPUS) established by Applicable Law, and (iii) are required by federal or state law to be paid to the Practice as a healthcare provider. Governmental Receivables shall not, however, refer to amounts payable by private insurers under contract to provide benefits under the Federal Employee Health Benefit Program.

Examples of Governmental Receivables in a sentence

Also, with respect to all Governmental Receivables, the Practice Operator shall enter into an agreement with its depository bank, and attach a copy of same hereto as Exhibit 3.7.4, to cause the depository bank to receive such payments and deposit them into an account (“Government Account”) in the name of the Practice Operator, negotiate such payments, and sweep the proceeds of such account on a daily basis, into one or more bank accounts maintained in the name of Manager or an Affiliate of Manager.
The Physician Deposit Account shall at all times be maintained and funds withdrawn in accordance with the provisions in the Billing Agreement for Governmental Receivables of even date herewith between Manager, Practice and Physician Partners in the form attached hereto as Exhibit 3.6(b) and made a part hereof (the "Billing Agreement").
All payments with respect to the Practice's Governmental Receivables are to be made directly to the Governmental Lockbox Account.
All amounts received by MidSouth as provided above that are proceeds of Governmental Receivables shall be applied first to the repayment of all Government Advances theretofore made, and the balance, if any, shall be refunded to the Practice.
In the event MidSouth exercises this option, the Practice shall instruct each Account Debtor with respect to the Practice's Governmental Receivables to remit all such payments directly to such Governmental Lockbox Account pursuant to a Notification Letter.

More Definitions of Governmental Receivables

Governmental Receivables means an Account Receivable of Oncology which (i) arises in the ordinary course of business of Oncology, (ii) has as its Third Party Payor the United States of America or any state or any agency or instrumentality of the United States of America or any state which makes any payments with respect to Medicare or Medicaid or with respect to any other program (including CHAMPUS) established by federal or state law, and (iii) is required by federal or state law to be paid or to be made to Oncology as a health care provider. Governmental Receivables shall not, however, refer to amounts payable by private insurers under contract to provide benefits under the Federal Employee Health Benefit Program.

Governmental Receivables means the Accounts Receivable of the Practice that (i) arise in the ordinary course of business of the Practice, (ii) have as their third party payor the United States of America (the "U.S.") or any state or any agency or instrumentality of the U.S. or any state that makes any payment with respect to Medicare, Medicaid or with respect to any other program (including CHAMPUS OR CHAMPVA) established by Applicable Law and (iii) are required by federal or state law to be paid to the Practice as a health care provider. Governmental Receivables shall not, however, refer to amounts payable by private insurers under contract to provide benefits under the Federal Employee Health Benefit Program (5 U.S.C. (S)8901 et seq.). -- ----

Governmental Receivables means Receivables where the Payor is the United States of America, a state, or any agency or instrumentality thereof which is obligated to make any payments with respect to Medicare, Medicaid, or other Receivables representing amounts owing under any other program established by federal or state law which requires that payments for healthcare services be made to the providers of such services (including CHAMPUS as set forth in Title 10 U.S.C. Section 1071 et. seq., and the program set forth in Title 38 U.S.C. Section 1713).

Governmental Receivables means any Receivable payable by an Account Debtor which is a Governmental Authority, including without limitation, Medicare and Medicaid Receivables.

Governmental Receivables means an Account Receivable of GCOA which (i) arises in the ordinary course of business of GCOA, (ii) has as its Third-Party Payor the United States of America or any state or any agency or instrumentality of the United States of America or any state which makes any payments with respect to Medicare or Medicaid or with respect to any other program (including CHAMPUS) established by federal or state law, and (iii) is required by federal or state law to be paid or to be made to GCOA as a healthcare provider. Governmental Receivables shall not, however, refer to amounts payable by private insurers under contract to provide benefits under the Federal Employee Health Benefit Program.

Governmental Receivables means all accounts receivable of the Business as of the Effective Time that are related to Medicare, Medicaid and other third-party patient claims due from governmental third-party payors.