Nevada Revised Statutes 598A.370 – ‘Reportable health care or health carrier transaction’ defined
1. ’Reportable health care or health carrier transaction’ means any transaction that:
Terms Used In Nevada Revised Statutes 598A.370
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Service: means any activity performed or benefit conferred for the purpose of economic gain. See Nevada Revised Statutes 598A.020
(a) Results in a material change to the business or corporate structure of a group practice or health carrier; and
(b) As a result of the transaction, would cause a group practice or health carrier to provide within a geographic market 50 percent or more of any health care service, including, without limitation, a health care service involving a specialty, or any health carrier service.
2. The term does not include a transaction involving business entities which:
(a) Are under common ownership; or
(b) Have a contracting relationship that was established before October 1, 2021.
3. As used in this section, a ‘material change to the business or corporate structure of a group practice or health carrier’ includes, without limitation:
(a) The merger, consolidation or affiliation of a group practice or health carrier with another group practice or health carrier;
(b) The acquisition of all or substantially all of:
(1) The properties and assets of a group practice; or
(2) The capital stock, membership interests or other equity interest of a group practice or health carrier;
(c) The employment of all or substantially all of the practitioners in a group practice; and
(d) The acquisition of one or more insolvent group practices.