Financial Statements

Every institution which is subject to the provisions of NRS 449.450 to 449.530:

NRS 449.450  Definitions.  As used in NRS 449.450 to 449.530, inclusive, unless the context otherwise requires:

      4.  “Institution” means any person, place, building or agency which maintains and operates facilities for the diagnosis, care and treatment of human illness and provides beds for inpatient care. The term includes but is not limited to hospitals, convalescent care facilities, nursing care facilities, detoxification centers and all specialized medical health care facilities.

All reports, except privileged medical information, filed under any provisions of NRS 449.450 to 449.530, inclusive:

      (a) Are open to public inspection;

      (b) Must be in a form which is readily understandable by a member of the general public;

      (c) Must, as soon as practicable after those reports become available, be posted on the Internet website maintained pursuant to NRS 439A.270; and

      (d) Must be available for examination at the office of the Department during regular business hours.

NRS 449.490  Financial statements and reports required to be filed with Department; additional reporting requirements for hospitals with 100 or more beds; availability of complete current charge master.

      1.  Every institution which is subject to the provisions of NRS 449.450 to 449.530, inclusive, shall file with the Department the following financial statements or reports in a form and at intervals specified by the Director but at least annually:

      (a) A balance sheet detailing the assets, liabilities and net worth of the institution for its fiscal year; and

      (b) A statement of income and expenses for the fiscal year.