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Reporting And Data

Mergers & AcquisitionsNEW 

Latest Update: June 24, 2021
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Reporting Information

*Added during the 81st Legislative Session* A hospital shall notify the Department of any merger, acquisition or joint venture with any entity, including, without limitation, a physician group practice, to which the hospital is a party or any contract for the management of the hospital not later than 60 days after the finalization of the transaction or execution of the contract for management, as applicable.

Responsible Party

Who Must Report?
  1. A hospital
  2. A physician group practice (or a person who owns all or substantially all of a physician group practice) *Note: There are additional requirements placed on transactions including group practices added by AB47 (2021)*

Deadlines

When Do I Report?

Not later than 60 days after the finalization of the transaction or execution of the contract for management

Method

How Do I Report?

Notify the Nevada Department of Health and Human Services (DHHS) on a form (not yet available) prescribed by DHHS which includes:

(a) The name of each party to the transaction or contract for management, as applicable;
(b) A description of the nature of the proposed relationship of the parties to the transaction or contract for management, as applicable;
(c) The names and any specialties of each physician who is a party or employed by or affiliated with a physician group practice that is a party to or is owned by a party to the transaction or contract for management, as applicable;
(d) The name and address of each business entity that will provide health services after the transaction or contract for management, as applicable;
(e) A description of the health services to be provided at each location of a business entity described in paragraph (d); and
(f) The primary service area to be served by each location of a business entity described in paragraph (d).

Publicly Displayed

Link to the website/ranking/grading/etc. where the data is published

The Department shall:
(a) Post the information contained in the notices provided pursuant to subsections 1 and 2 on an Internet website maintained by the Department; and
(b) Annually prepare a report regarding market transactions and concentration in health care based on the information in the notices and post the report on an Internet website maintained by the Department.

Notes

Any other pertinent information

Originating Legislation: SB329 (2021) {Effective Date: 10/1/2021}

DISCLAIMER
Although many of these requirements apply to individual medical professionals and other types of hospitals and health care facilities, the information is presented solely to support Critical Access Hospitals. The reporting requirements and legal mandates on this site are not an exhaustive list and Nevada Rural Hospital Partners, Inc. bears no responsibility or liability for any hospitals' or providers' failure to comply with Federal or State laws or regulations.