QHC definition
Examples of QHC in a sentence
Except as set forth on Schedule 4.10(b), no consent, waiver, approval, notice or authorization to any other party thereto is required under any Material QHC Contract as a result of the transactions contemplated by this Agreement.
Except as set forth on Schedule 4.7(a), there are no facts or circumstances that would necessitate, in the good faith application of the financial practices and policies of QHC and its Subsidiaries, any material adverse change in the QHC Financial Statements.
QHC hereby represents and warrants to AHC that the statements set forth in this Article IV are true and correct as of the date hereof and shall be true and correct as of the Phase 2 Closing Date, except as set forth in the applicable Disclosure Schedule, as may be supplemented or amended prior to the Phase 2 Closing Date pursuant to Section 8.2(a)(v).
No event has occurred that, with the passage of time or the giving of notice or both, would constitute a default by QHC or its Subsidiaries or, to QHC’s Knowledge, any other party thereto under any Material QHC Contract, or would permit acceleration, termination or material modification of any Material QHC Contract.
QHC and its Subsidiaries have not received notice from any Governmental Authority and no event has occurred that would reasonably be expected to cause any Governmental Authority to give notice of any corrective action request, fine, assessment or other action against QHC or its Subsidiaries for violations of their Health Care Program Contracts.
There are no restrictions imposed by any Governmental Authority upon the business, or the activities or services of QHC or its Subsidiaries in connection with their business.
Except as set forth on Schedule 4.12(q), neither QHC nor its Subsidiaries have been notified in writing or orally, and none of them has received any written notice nor have any Knowledge that any of them are the subject of any audit or investigation, a defendant in any qui tam/False Claims Act litigation, or been served with or received any search warrant, subpoena or civil investigative demand from any Governmental Authority relating to their business.
Since January 1, 2018, QHC and its Subsidiaries have complied in all material respects with applicable Laws relating to the use, maintenance and disclosure of protected health information, notices of privacy practices and the privacy rules, and the maintenance and transmission of electronic protected health information as well as security requirements (including notices of any breaches of security).
Neither QHC nor its Subsidiaries have received written notice of any default under any Material QHC Contract and, to QHC’s Knowledge, no other party under any Material QHC Contract is in default and no claim of default has been threatened by any party to a Material QHC Contract.
No validation or program integrity review or audit related to their business (other than normal, routine reviews) by any Governmental Authority is pending, and no such reviews are scheduled or, to the Knowledge of QHC, threatened against or affecting their business.