MMBS definition
Examples of MMBS in a sentence
If MMBS approves a Change Order Request, then MMBS will promptly notify Medical Practice if it believes that such Change Order Request requires an adjustment to the SOW Fees (as defined below) or to the schedule for the performance of the SOW Services.
In the event of the expiration or termination of this Agreement for any reason, MMBS may, in its sole discretion, continue to provide collection services for previously billed claims until the ninetieth (90th) day following the effective termination or expiration date (“The Ninety Day Wind Down Period”).
MMBS will perform the services specified in each Statement of Work (the “SOW Services”) in accordance with the terms and conditions of this Agreement and of each applicable Statement of Work.
The number of Users authorized to use the Software may be increased through such methods as are approved by MMBS in its discretion, including through the execution of an Addendum to this Agreement by Medical Practice and MMBS (the “Add-On Addendum”).
In addition to any other remedies MMBS may have, MMBS reserves the right to terminate each of the Transaction Documents or to terminate any or all of the logins provided to Medical Practice or any User immediately and without notice, if MMBS becomes aware or determines that Medical Practice or any User is violating any of the foregoing guidelines.
Medical Practice shall execute such forms (and/or shall cause any of Medical Practice’s Providers or other personnel, as necessary, to execute such forms), including, without limitation, assignments and re-assignments, as may be required to permit MMBS to provide the RCM Services on behalf of Medical Practice.
MMBS shall make available PHI in EMA to Medical Practice in accordance with this Agreement for so long as MMBS maintains the PHI in a Designated Record Set.
Payment shall be made to MMBS on a monthly basis and each payment shall be due ten (10) days after the end of each month following the date of the termination or expiration of this Agreement.
Medical Practice acknowledges and agrees that MMBS is under no obligation to accept any payment from any third party, which is unsatisfactory to MMBS in its good faith business judgment.
MMBS shall be entitled to receive payment of its RCM Fees on all collections received for a period of ninety (90) days after the date of termination or expiration of this Agreement.