2022 Nevada Revised Statutes
Chapter 598A - Unfair Trade Practices
NRS 598A.370 - "Reportable health care or health carrier transaction" defined.
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.
(Added to NRS by 2021, 308)
