Medical Asset definition

Medical Asset means, any single or multi-tenant facilities consisting of MOBs, inpatient rehabilitation facilities, specialty hospitals, long-term acute care hospitals (LTACHs), acute care hospitals, ambulatory surgery centers, diagnostic centers, health and wellness centers, integrated medical facilities, large physician clinics, diagnostic centers, imaging centers, behavioral health centers, free standing emergency rooms, senior housing facilities (memory care facilities, assisted living facilities and independent living facilities), and skilled nursing facilitiesSNFs.
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Medical Asset. Single or multi-tenant facilities consisting of medical office buildings, specialty hospitals, long-term acute care hospitals (LTACs), acute care hospitals, ambulatory surgery centers, diagnostic centers, health and wellness centers, integrated medical facilities, large physician clinics, imaging centers and senior housing facilities (memory care facilities, assisted living facilities, independent living facilities, and skilled nursing facilities).”
Sample 1

Examples of Medical Asset in a sentence

  • Land to be developed as a Medical Asset or a Data Center Asset with respect to which the commencement of grading, construction of improvements (other than improvements that are not material and are temporary in nature) or infrastructure has not yet commenced and for which no such work is reasonably scheduled to commence within the following twelve (12) months.

  • The Tenant EBITDA of a Medical Asset plus all base rent and additional rent due and payable by such tenants during the applicable period calculated either on an individual Medical Asset or consolidated basis as determined by Agent.

  • Minnesota Encore Medical Asset Corporation Nevada DJO, LLC Delaware Elastic Therapy, LLC North Carolina Rikco International, LLC Wisconsin ANNEX A Each broker-dealer that receives Exchange Notes for its own account pursuant to the Exchange Offer must acknowledge that it will deliver a prospectus in connection with any resale of such Exchange Notes.

  • A completed Data Center Asset or Medical Asset on which all improvements related to the development of such Real Estate have been substantially completed (excluding tenant/licensee improvements) for twelve (12) months, or which the Net Rentable Area of such Real Estate is at least eighty-five percent (85.0%) leased pursuant to leases approved, or not requiring approval, pursuant to §7.13.

  • With respect to any Medical Asset that is a Pool Property, any such time as (a) the ratio of (i) EBITDAR to (ii) all base rent and additional rent due and payable by a tenant under its respective Lease during the previous twelve calendar months is less than 1.00 to 1.00, and (b) such tenant has failed to timely provide to the Borrower or any of its Subsidiaries, as landlord, any financial reporting information required to be delivered pursuant to the terms and conditions of its Lease.

  • A completed Data Center Asset or Medical Asset on which all improvements related to the development of such Real Estate have been substantially completed (excluding tenant/licensee improvements) for twelve (12) months, or which the Net Rentable Area of such Real Estate is at least eighty-five percent (85.0%) leased.

  • A mortgage loan on a Data Center Asset or a Medical Asset, and which Mortgage Receivable includes, without limitation, the indebtedness secured by a related first priority security instrument.

  • The term of this Agreement shall commence as of the Closing Date of the Medical Asset Purchase Agreement and shall continue for an initial term which shall be ten (10) years from the Consideration Payment Date under the Agreement to Amend and Not-To-Compete between MMC and New York Dialysis Management, Inc., dated July 17, 1998 (the "Initial Term").

  • Lessor hereby represents and warrants to Lessee that it has dealt with no broker; finder or similar person in connection with this Agreement other than Medical Asset Management., and Lessee hereby represents and warrants to Lessor that it has dealt with no broker, finder or similar person in connection with this Agreement.

  • Lessee agrees to indemnify, defend and hold harmless Medical Asset Management its representatives, contractors, agents, and employees for any liability or loss, including without limitations, attorney fees and cost that may be occasioned as a result of the execution of this Lease.

Related to Medical Asset

  • Medical home means a team approach to providing health care that originates in a primary care setting; fosters a partnership among the patient, the personal provider, and other health care professionals, and where appropriate, the patient’s family; utilizes the partnership to access and integrate all medical and nonmedical health-related services across all elements of the health care system and the patient’s community as needed by the patient and the patient’s family to achieve maximum health potential; maintains a centralized, comprehensive record of all health-related services to promote continuity of care; and has all of the characteristics specified in section 135.158.

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Medical Foods means any nutritional substances in any form that are:

  • medical food means a food that is intended for the dietary treatment of a disease or condition for which nutritional requirements are established by medical evaluation and is formulated to be consumed or administered enterally under the direction of a Practitioner.

  • Medical equipment means equipment used in a patient care environment to support patient treatment and diagnosis.

  • Medical care facility as used in this title, means any institution, place, building or agency, whether

  • Medical means belonging to the study and practice of medicine for the prevention, alleviation or management of a physical or mental defect, illness, or condition.

  • Medical supplies means items for medical use that are suitable for use in a health care facility or in the home and that are disposable or semi-disposable and are non-reusable.

  • Outpatient hospital services means preventive, diagnostic, therapeutic, observation, rehabilitation, or palliative services provided to an outpatient by or under the direction of a physician, dentist, or other practitioner by an institution that:

  • sickle cell disease means a hemolytic disorder characterized by chronic anemia, painful events, and various complications due to associated tissue and organ damage; "hemolytic" refers to the destruction of the cell membrane of red blood cells resulting in the release of hemoglobin.

  • Medical care means amounts paid for:

  • Palliative care means medical service rendered to reduce or moderate temporarily the intensity of an otherwise stable medical condition, but does not include those medical services ren- dered to diagnose, heal or permanently alleviate or eliminate a medical condition.

  • Acute care hospital means a Hospital that provides Acute Care Services. Adjudicate means to deny or pay a Clean Claim. Administrative Services see MCO Administrative Services. Administrative Services Contractor see HHSC Administrative Services Contractor.