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.