Nevada Administrative Code
Chapter 439B - RESTRAINING COSTS OF HEALTH CARE
REFERRALS BY PRACTITIONERS
Section 439B.530 - "Financial interest" defined
Universal Citation: NV Admin Code 439B.530
Current through December 12, 2024
1. Except as otherwise provided in paragraph (f) of subsection 2 of NRS 439B.425, "financial interest" means an ownership or other interest:
(a) That provides
compensation based, in whole or in part, upon the volume or value of goods or
services provided as a result of referrals; and
(b) Which a practitioner or a person related
to the practitioner within two degrees of consanguinity or affinity:
(1) Owns, in whole or in part; or
(2) Holds as a beneficiary of a
trust.
2. The term includes, but is not limited to:
(a) A
financial kickback, referral fee or finder's fee.
(b) An income-sharing agreement, debt
instrument, or lease or rental agreement that provides compensation based, in
whole or in part, upon the volume or value of the goods or services provided as
a result of referrals.
Added to NAC by Dep't of Human Resources, eff. 3-9-94
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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