1. The Division shall adopt regulations that establish administrative penalties for failure to timely pay an assessment imposed pursuant to NRS 422.3794. Any money collected from such a penalty must be deposited in the Account.
2. If an operator fails to remit to the Division any penalty imposed pursuant to this section or any assessment imposed pursuant to NRS 422.3794 within 30 days after the date on which the penalty or assessment is due, the Division may deduct the amount of the assessment or penalty, as applicable, from future payments owed to the operator under the State Plan for Medicaid. Before doing so, the Division:
(a) Shall notify the operator of the intended deduction; and
(b) May negotiate a payment plan with the operator.