Arizona Nursing Home Patient Trust Funds Surety Bond
Arizona based Nursing Homes that handle funds belonging to their patients must post and maintain a Nursing Home Patient Trust Funds Surety Bond with the Arizona Health Care Association. The bond amount required is directly related to the amount of funds held in trust. Patient Trust bonds guarantee that the business will use patient trust funds in accordance with the law and that they will comply with any and all laws and/or regulations, avoiding fraudulent and/or dishonest behavior in the process.
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