Governmental Third Party Payor Programs definition

Governmental Third Party Payor Programs means all governmental third party payor programs in which the Borrowers or any of their Subsidiaries participates (including, without limitation, Medicare, Medicaid, TRICARE or any other federal or state health care programs). For purposes of this Agreement, a “Private Third Party Payor” means private insurers and any other person or entity which presently or in the future maintains Private Third Party Payor Programs. In addition, for purposes of this Agreement, “Private Third Party Payor Programs” means all non-governmental third party payor programs in which the Borrowers or any of their Subsidiaries participate (including, without limitation, managed care plans, or any other private insurance programs).

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Governmental Third Party Payor Programs as defined in Section 4.21(c).

Governmental Third Party Payor Programs has the meaning set forth in Section 5.22(c).

Examples of Governmental Third Party Payor Programs in a sentence

For purposes of this Agreement, a “Governmental Third Party Payor” means Medicare, Medicaid, TRICARE, state government insurers and any other person or entity which presently or in the future maintains Governmental Third Party Payor Programs.
To the extent applicable to the Borrowers and their Subsidiaries in the conduct of their business, each of the Borrowers and their Subsidiaries shall maintain its qualification for participation in, and payment under, Governmental Third Party Payor Programs and Private Third Party Payor Programs, that provide for payment or reimbursement for services, except to the extent such loss or relinquishment would not reasonably be expected to have a Material Adverse Effect.
To the extent applicable to Borrower or any of its Subsidiaries in the conduct of their business, each of Borrower and its Subsidiaries shall maintain its qualification for participation in, and payment under, Governmental Third Party Payor Programs and Private Third Party Payor Programs, that provide for payment or reimbursement for services, except to the extent such loss or relinquishment could not reasonably be expected to have a Material Adverse Event.
To the extent applicable to the Borrowers and their Subsidiaries in the conduct of their business, each of the Borrowers and their Subsidiaries shall maintain its qualification for participation in, and payment under, Governmental Third Party Payor Programs and Private Third Party Payor Programs, that provide for payment or reimbursement for services, except to the extent such loss or relinquishment would not reasonably be expected to have a Material Adverse Event.
Notwithstanding the provisions set forth above or any other term in this Agreement or the other Financing Documents, it is acknowledged and agreed that Accounts Receivable from Governmental Third Party Payor Programs are subject to restrictions on assignment of such payment rights, including restrictions on control over the bank accounts to which they are first deposited, under Governmental Payment Requirements.
For purposes of this Agreement, a “Governmental Third Party Payor” means Medicare, Medicaid, TRICARE, federal or state government insurers or health care programs and any other person or entity which presently or in the future maintains Governmental Third Party Payor Programs.

More Definitions of Governmental Third Party Payor Programs

Governmental Third Party Payor Programs means all governmental third party payor programs in which the Company or any of its Subsidiaries participates (including Medicare, Medicaid, TRICARE or any other federal or state health care programs). For purposes of this Agreement, a “Private Third Party Payor” means private insurers and any other person or entity which presently or in the future maintains Private Third Party Payor Programs. In addition, for purposes of this Agreement, “Private Third Party Payor Programs” means all non-governmental third party payor programs in which the Company or any of its Subsidiaries participate (including managed care plans, or any other private health care insurance programs).

Governmental Third Party Payor Programs means all “Federal Health Care Programs” (as that term is defined in 42 U.S.C. § 1320a-7b) and all other federal, state or other third party payor programs operated by or financed, in whole or in part, by any foreign or domestic Governmental Authority. in which any Credit Party, or a customer of a Credit Party, participates or is enrolled (including, without limitation, Medicare, Medicaid, TRICARE or any other federal or state health care programs).