Common use of Centralized Billing Clause in Contracts

Centralized Billing. A health-care system is considered to have centralized billing if all material products and services fees associated with each entity (i.e., HCO) of the system are applied to one "▇▇▇▇-to" number and all invoice activity conducted by the supporting Authorized Distributor is forwarded to one central accounting address location. Additionally, payments are forwarded to the Authorized Distributor in a manner that may reflect individual sub "▇▇▇▇-to" (HCO) purchase activity, but can be processed against the one system wide "▇▇▇▇-to" number.

Centralized Billing. A health-care system is considered to have centralized billing if all material products and services fees associated with each entity (i.e., HCO) of the system are applied to one "“▇▇▇▇-to" ” number and all invoice activity conducted by the supporting Authorized Distributor is forwarded to one central accounting address location. Additionally, payments are forwarded to the Authorized Distributor in a manner that may reflect individual sub "“▇▇▇▇-to" ” (HCO) purchase activity, but can be processed against the one system wide "“▇▇▇▇-to" ” number.