1. 1. “Reportable health care or health carrier transaction” means any transaction that:

   1. (a) Results in a material change to the business or corporate structure of a group practice or health carrier; and
   2. (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. 2. The term does not include a transaction involving business entities which:

   1. (a) Are under common ownership; or
   2. (b) Have a contracting relationship that was established before October 1, 2021.

3. 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:

   1. (a) The merger, consolidation or affiliation of a group practice or health carrier with another group practice or health carrier;

   2. (b) The acquisition of all or substantially all of:

      1. (1) The properties and assets of a group practice; or
      2. (2) The capital stock, membership interests or other equity interest of a group practice or health carrier;
   3. (c) The employment of all or substantially all of the practitioners in a group practice; and
   4. (d) The acquisition of one or more insolvent group practices.

(Added to NRS by 2021, 308)