Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of ICRM as a result of professional medical and laboratory services furnished to patients by Physicians and Physician-Employees and Other Professional Employees and, except as described in the next succeeding sentence, other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees, ultrasound fees from businesses owned or operated by Physicians and, including, but not limited to, contributions by pharmaceutical and other companies for marketing and research activities). Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; provided, the compensation for board related activities does not exceed $5,000 in the aggregate, annually, per Physician, and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, lectures, passive investments, fundraising, or writing (“Permitted Services”; the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit, subject to Section 4.7.5 hereof; Physician and Other Professional Revenues are sometimes referred to herein as “Revenues.”
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of NCIRE as a result of professional medical services personally furnished to patients by Physicians and Physician-Employees and Other Professional Employees and, except as described in the next succeeding sentence, other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees and ultrasound fees from businesses owned or operated by Physicians. Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; provided, the compensation for board related activities does not exceed $5,000 in the aggregate, annually, per Physician and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, lectures, passive investments, fundraising, or writing ("Permitted Services"); the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit, subject to Section 4.7.5 hereof. Physician and Other Professional Revenues are sometimes referred to herein as "Revenues."
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of ARMS as a result of professional medical and laboratory services furnished to patients by Physicians and Physician-Employees and Other Professional Employees and, except as described in the next succeeding sentence, other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees, ultrasound fees from businesses owned or operated by Physicians and, including, but not limited to, contributions by pharmaceutical and other companies for marketing and research activities). Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships, (ii) Pre-Existing Receivables, (iii) any fee or income earned in connection with primary care treatment at a local clinic, obstetric services at a local hospital, and health care treatment related to sexually transmitted diseases at local clinics, all of which are unrelated to Infertility Services provided through ARMS and for which each physician providing such services maintains professional liability insurance apart from ARMS, but only until the physician's share of PDE (less the Additional Service Fee) exceeds $200,000, and (iv) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, reviewing insurance claims, lectures, passive investments, business ventures not involved in the provision of health care, fundraising, writing, or conception and development of intellectual property including patent rights and similar activities ("Permitted Services"); the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit, subject to Section 4.7.5 hereof. Physician and Other Professional Revenues are sometimes referred to herein as "Revenues."
Examples of Physician and Other Professional Revenues in a sentence
All fees for Infertility Services and Physician and Other Professional Revenues for services rendered by Employee on behalf of Employer hereunder shall be billed and collected by Employer; provided, however, that pursuant to the terms of the INMD-Management Agreement, INMD shall carry out billing and collection functions on behalf of Employer.
In consideration for the payment to Employee of the compensation described herein, all receivables and collections attributable to Infertility Services provided by Employee to Employer patients and all other Physician and Other Professional Revenues shall become the property of Employer, and Employee agrees immediately to turn over to Employer any such fees received by Employee during the term hereof.
For purposes of this profit allocation formula, PDE shall be equal to (1) Physician and Other Professional Revenues less (2) Cost of Services, Base Management Fee, as such terms are defined in this Agreement, and any advance made to P.C. by IVFA pursuant to Section 6.3 of this Agreement.
More Definitions of Physician and Other Professional Revenues
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of PC as a result of professional medical services personally furnished to patients by Physician-Employees and Other Professional Employees and other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees and ultrasound fees from businesses owned or operated by Physician-Stockholders. Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; provided, the compensation for board related activities does not exceed $5,000 in the aggregate, annually, per Physician-Stockholder and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation- related proceedings, lectures, passive investments, fundraising, or writing ("Permitted Services"), the compensation from which Permitted Services Physician may retain without limit.
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of P.C. as a result of professional medical services personally furnished to patients by Physician Employees and Other Professional Employees and other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees and speaking fees.
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of Employer as a result of professional medical services personally furnished to patients by Physician Employees and Other Professional Employees and other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees; provided, however, "Physician and Other Professional Revenues" shall not include income derived from testimony for litigation-related proceedings, lectures, passive investments, fundraising, or writing where Physician does not render professional medical services.
Physician and Other Professional Revenues means, with respect to any period of time during the Initial Term or a Renewal Term, all fees received and actually recorded during such period of time of the Initial Term or a Renewal Term (net of Adjustments) by or on behalf of LLC as a result of professional medical and laboratory services furnished to patients by Physicians, Physician-Employees and Other Professional Employees while providing services to patients of the LLC, whether rendered in an inpatient or outpatient setting. Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, lectures, passive investments, fundraising, or writing (“Permitted Services”); the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit. Physician and Other Professional Revenues are sometimes referred to herein as “Revenues.” Additionally, it is understood and agreed that “Physician and Other Professional Revenues” shall not include compensation or professional fees for teaching, research, or patient care activities at a medical school, teaching hospital or college (but shall include compensation provided to LLC pursuant to an agreement for research or patient care activities at the Facilities or directly related to LLC patients), or compensation from inventions, patents, and other intellectual property developed by any Physician or Other Professional Employee developed without the use or involvement of the Business Services.
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of UFC as a result of professional medical and laboratory services furnished to patients by Physicians and Physician-Employees and Other Professional Employees and, except as described in the next succeeding sentence, other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees, ultrasound fees from businesses owned or operated by Physicians and, including, but not limited to, contributions by pharmaceutical and other companies for marketing and research activities). Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; provided, the compensation for board related activities does not exceed $5,000 in the aggregate, annually, per Physician, and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, lectures, passive investments, fundraising, or writing (“Permitted Services”; the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit, subject to Section 4.7.5 hereof; Physician and Other Professional Revenues are sometimes referred to herein as “Revenues.” Additionally, it is understood and agreed that “Physician and Other Professional Revenues” shall not include compensation for teaching activities at a medical school, teaching hospital or college, subject to Section 4.7.5.
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of FCI as a result of professional medical services personally furnished to patients by Physician Employees and Other Professional Employees and other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees and ultrasound fees from businesses owned or operated by Physician-Stockholders. Physician and Other Professional Revenues shall not include board attendance fees and other compensation in connection with board memberships; provided, the compensation does not exceed $5,000 in the aggregate, annually, per Physician-Stockholder.
Physician and Other Professional Revenues means all fees, whether received or accrued, and actually recorded each month (net of Adjustments) by or on behalf of PC as a result of professional medical and laboratory services furnished to patients by Physicians and Physician-Employees and Other Professional Employees and, except as described in the next succeeding sentence, other fees or income earned in their capacity as professionals, whether rendered in an inpatient or outpatient setting, including but not limited to, medical director fees or technical fees from medical ancillary services, consulting fees and ultrasound fees from businesses owned or operated by Physicians. Physician and Other Professional Revenues shall not include (i) board attendance fees and other compensation in connection with board memberships; provided, that such board-related compensation is in connection with PC or any other board so long as substantially all of any such Physician's professional time is devoted to PC and PC's activities that generate Physician and Other Professional Revenues and (ii) other services where Physician does not provide professional medical services such as testimony and consultation for litigation-related proceedings, lectures, passive investments, royalties, fundraising, or writing ("Permitted Services"); the compensation from Permitted Services may be retained by a Physician or Physician-Employee without limit, subject to Section 4.7.5 hereof. Physician and Other Professional Revenues are sometimes referred to herein as "Revenues."