Accord and satisfaction is a method of discharging a claim whereby the parties agree to give and accept something in settlement of the claim and perform the agreement. Accord is the agreement and satisfaction is its execution or performance.
A contract is usually discharged by performance of the terms of the agreement. However, the parties may agree to a different performance. This is called an accord. When the accord is performed, this is called an accord and satisfaction. The original obligation is discharged.
In order for there to be an accord and satisfaction, there must be
(1) a bona fide dispute;
(2) an agreement to settle the dispute; and
(3) the performance of the agreement.
A settlement in which one party promises to forego an undisputed, liquidated claim in exchange for a promise to perform, or the performance of, a pre-existing duty will not be held to be enforceable by many courts, because of the absence of consideration. However, the promise to perform, or the performance of, anything slightly different from the pre-existing duty is sufficient consideration to support a promise to forego the claim. When a claim is disputed in good faith, or when an undisputed claim is unliquidated (the amount owed has not been determined), a settlement of such a claim is clearly enforceable.
The King Washington Agreement for Accord and Satisfaction of an Undisputed Hospital Claim is a legal document that outlines the terms and conditions between a hospital and a patient regarding the settlement of a claim. This agreement serves to resolve a disputed bill for medical services provided by the hospital and helps ensure both parties come to a fair and satisfactory resolution. Keywords: King Washington Agreement, Accord and Satisfaction, Undisputed Hospital Claim, legal document, terms and conditions, settlement, disputed bill, medical services, patient, hospital. There are different types of King Washington Agreement for Accord and Satisfaction of an Undisputed Hospital Claim, based on various scenarios and factors. Let's explore a few: 1. Inpatient Agreement: An agreement specifically designed for cases where a patient has been admitted to the hospital for a specific period. This type of agreement ensures that the hospital bill is settled in accordance with the services provided during the patient's stay. 2. Outpatient Agreement: This agreement caters to patients who have received medical treatment or services on an outpatient basis. It outlines the terms of payment for the services rendered by the hospital, such as consultations, laboratory tests, or minor procedures. 3. Emergency Services Agreement: In cases where a patient has sought emergency medical attention at the hospital, this agreement comes into play. It details the process of resolving the undisputed claim incurred due to urgent medical treatment received by the patient. 4. Surgical Services Agreement: For patients undergoing surgeries, a specialized agreement focuses on settling the undisputed claim related to the surgical procedure itself, along with any additional services provided during the patient's hospitalization. 5. Diagnostic and Imaging Agreement: This type of agreement addresses cases where a patient has undergone diagnostic tests or imaging procedures as part of their medical treatment. It outlines the settlement process for the undisputed claim relating to the specific tests undergone by the patient. 6. Ancillary Services Agreement: Ancillary services include additional medical services, not directly related to the patient's main treatment. This agreement focuses on resolving any undisputed claims generated through ancillary services, such as physical therapy, occupational therapy, or other specialized treatments. The above-mentioned agreements serve to provide a framework for resolving undisputed hospital claims efficiently and fairly, ensuring both the hospital and the patients are satisfied with the outcome. It is essential for both parties to carefully review and understand the agreement before signing to ensure transparency and clarity regarding the settlement process.The King Washington Agreement for Accord and Satisfaction of an Undisputed Hospital Claim is a legal document that outlines the terms and conditions between a hospital and a patient regarding the settlement of a claim. This agreement serves to resolve a disputed bill for medical services provided by the hospital and helps ensure both parties come to a fair and satisfactory resolution. Keywords: King Washington Agreement, Accord and Satisfaction, Undisputed Hospital Claim, legal document, terms and conditions, settlement, disputed bill, medical services, patient, hospital. There are different types of King Washington Agreement for Accord and Satisfaction of an Undisputed Hospital Claim, based on various scenarios and factors. Let's explore a few: 1. Inpatient Agreement: An agreement specifically designed for cases where a patient has been admitted to the hospital for a specific period. This type of agreement ensures that the hospital bill is settled in accordance with the services provided during the patient's stay. 2. Outpatient Agreement: This agreement caters to patients who have received medical treatment or services on an outpatient basis. It outlines the terms of payment for the services rendered by the hospital, such as consultations, laboratory tests, or minor procedures. 3. Emergency Services Agreement: In cases where a patient has sought emergency medical attention at the hospital, this agreement comes into play. It details the process of resolving the undisputed claim incurred due to urgent medical treatment received by the patient. 4. Surgical Services Agreement: For patients undergoing surgeries, a specialized agreement focuses on settling the undisputed claim related to the surgical procedure itself, along with any additional services provided during the patient's hospitalization. 5. Diagnostic and Imaging Agreement: This type of agreement addresses cases where a patient has undergone diagnostic tests or imaging procedures as part of their medical treatment. It outlines the settlement process for the undisputed claim relating to the specific tests undergone by the patient. 6. Ancillary Services Agreement: Ancillary services include additional medical services, not directly related to the patient's main treatment. This agreement focuses on resolving any undisputed claims generated through ancillary services, such as physical therapy, occupational therapy, or other specialized treatments. The above-mentioned agreements serve to provide a framework for resolving undisputed hospital claims efficiently and fairly, ensuring both the hospital and the patients are satisfied with the outcome. It is essential for both parties to carefully review and understand the agreement before signing to ensure transparency and clarity regarding the settlement process.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
