Common use of Access to Books Clause in Contracts

Access to Books. The parties agree that, if the Agreement is determined to be a contract within the purview of Section 1861(b)(1)(I) of the Social Security Act and the regulations promulgated in implementation thereof at 42 CFR Part 420, Participant, its agents, employees, officers, and directors agree to make available to the Secretary of the Department of Health and Human Services, the Comptroller General of the United States General Accounting Office, and their duly authorized representatives access to the books, documents, and records of the respective party and such other information as may be required by the Secretary or the Comptroller General to verify the nature and extent of the cost of services provided by Participant. If Participant, its agents, employees, officers, or directors refuse to make the books, documents, and records available for said inspection, and if, as a result, CHI is denied reimbursement for said services, then Participant agrees to indemnify CHI for CHI‟s loss or reduction in reimbursement. The obligation of Participant to make records available shall extend for four (4) years after the furnishing of the latest service under the Agreement or any renewal.

Access to Books. The parties agree that, if the Agreement is determined to be a contract within the purview of Section 1861(b)(1)(I) of the Social Security Act and the regulations promulgated in implementation thereof at 42 CFR Part 420, Participant, its agents, employees, officers, and directors agree to make available to the Secretary of the Department of Health and Human Services, the Comptroller General of the United States General Accounting Office, and their duly authorized representatives access to the books, documents, and records of the respective party and such other information as may be required by the Secretary or the Comptroller General to verify the nature and extent of the cost of services provided by Participant. If Participant, its agents, employees, officers, or directors refuse to make the books, documents, and records available for said inspection, and if, as a result, CHI is denied reimbursement for said services, and then Participant agrees to indemnify CHI for CHI‟s loss or reduction in reimbursement. The obligation of Participant to make records available shall extend for four (4) years after the furnishing of the latest service under the Agreement or any renewal.