Physician Ownership Interests and Compensation Arrangements Clause Samples

The "Physician Ownership Interests and Compensation Arrangements" clause defines the rules and limitations regarding financial relationships between physicians and the healthcare entity, such as ownership stakes or payment structures. It typically outlines what types of ownership interests are permitted, how compensation must be structured to comply with legal and ethical standards, and may reference compliance with laws like the Stark Law or Anti-Kickback Statute. This clause is essential for preventing conflicts of interest and ensuring that physician referrals and compensation arrangements are transparent and legally compliant.
Physician Ownership Interests and Compensation Arrangements. (i) No Physician or, to the Knowledge of the Company, Immediate Family Member of a Physician has an Ownership Interest in the Company, any Company Subsidiary or any of their respective Affiliates. (ii) Neither the Company, nor any Company Subsidiary nor any of their respective Affiliates has any Compensation Arrangements with any Physician, or, to the Knowledge of the Company or except as set forth on Schedule 7.17(c), any Immediate Family Member of any Physician, and/or any entity in which any Physician or any Immediate Family Member of any Physician has any Ownership Interest. (iii) Neither the Company nor any Company Subsidiary has any Financial Relationships that vary with or take into account, the volume or value of referrals to, or other business generated by any Physician for any hospital, ambulatory surgery center, or health care facility.
Physician Ownership Interests and Compensation Arrangements 

Related to Physician Ownership Interests and Compensation Arrangements

  • Compensation Arrangements (a) Following receipt of an RoU Claim Notice in respect of a Type 2 Restriction of Use, Network Rail and the Train Operator shall (if they have not already done so) commence negotiations in respect of the RoU Direct Costs compensation to be paid by one party to the other in respect of such Type 2 Restriction of Use and, subject to paragraph 10, shall continue such negotiations in good faith until they are concluded. (b) Once the compensation referred to in paragraph 6.1(a) has been agreed or determined (and has been compared against any amounts calculated under paragraph 4 together with any other amounts paid or due to the Train Operator from Network Rail in relation to such Restriction of Use) then, in the event of: (i) a shortfall for the Train Operator, the compensation to be paid by Network Rail to the Train Operator shall be the full amount of the RoU Direct Costs actually incurred by the Train Operator less any amounts calculated under paragraph 4 which have already been paid or are due for such Restriction of Use and any other amounts in respect of any RoU Direct Costs received by the Train Operator from Network Rail in respect of such Restriction of Use; or (ii) an overpayment by Network Rail to the Train Operator, the compensation to be paid by the Train Operator to Network Rail shall be the difference between the amount received by the Train Operator which was calculated under paragraph 4 and the RoU Direct Costs actually incurred by the Train Operator in respect of such Restriction of Use. (c) Network Rail shall include in the statement provided by it in respect of each Period under paragraph 13.1(a) details of the compensation agreed or determined under this paragraph 6 and paragraph 10 to be payable in respect of any Type 2 Restriction of Use taken in that Period and that compensation shall be due and payable by the relevant party to the other in accordance with paragraph 13.1.

  • Employee Benefit Plans and Compensation (a) For purposes of this Section 2.22, the following terms shall have the meanings set forth below:

  • Complaints and Compensation If you have a complaint of any kind, please be sure to let us know. We will do our utmost to resolve the issue. You can put your complaint in writing to us at:

  • Severance Arrangements Grant or pay, or enter into any Contract providing for the granting of any severance, retention or termination pay, or the acceleration of vesting or other benefits, to any Person (other than payments or acceleration that have been disclosed to Acquirer and are set forth on Schedule 4.2(q) of the Company Disclosure Letter);

  • Deferred Compensation Plans Employees are to be included in the State of California, Department of Personnel Administration's, 401(k) and 457 Deferred Compensation Programs. Eligible employees under IRS Code Section 403(b) will be eligible to participate in the 403(b) Plan.