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Current as of January 01, 2025 | Updated by Findlaw Staff
1. “Reportable health care or health carrier transaction” means any transaction that:
(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.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 52. Trade Regulations and Practices § 598A.370. “Reportable health care or health carrier transaction” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-52-trade-regulations-and-practices/nv-rev-st-598a-370/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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