What a Patient Trust Fund Bond Covers in Arizona
A Patient Trust Fund Bond ensures the facility properly manages, safeguards, and accounts for resident funds. It protects residents if the facility:
- Misuses or mishandles patient money
- Fails to maintain accurate financial records
- Violates Arizona Department of Health Services (ADHS) regulations
- Cannot return funds due to closure or insolvency
The bond provides financial recourse for residents and their families.
Who Needs an Arizona Patient Trust Fund Bond
A bond is required for facilities that hold resident funds, including:
- Assisted living facilities
- Skilled nursing facilities
- Intermediate care facilities
- Behavioral health residential centers
- Long‑term care homes
Any Arizona facility managing patient money may need this bond before licensing or renewal.
Arizona Bond Amounts
Bond amounts are set by the state and typically depend on:
- Total resident funds held
- Facility size
- Level of care provided
- Financial history
The Arizona Department of Health Services determines the required amount.
Cost of an Arizona Patient Trust Fund Bond
Premiums are a small percentage of the bond amount. Pricing depends on:
- Bond size
- Credit profile
- Facility financials
- Claims history
Most facilities qualify quickly with competitive rates.
How the Patient Trust Fund Bond Process Works
1
Complete the Application
Submit the quick, 60‑second application.
Supports nursing homes, assisted‑living facilities, and long‑term‑care providers nationwide with fast approvals, competitive rates, and guaranteed regulatory compliance.
2
Secure the Lowest Rate
We match you with the best rate available from A‑rated sureties.
3
Receive your bond
Same‑day issuance available for state filing. File the bond with ADHS
Why Choose Us for Your Patient Trust Fund Bond
- Lowest rates from A‑rated sureties
- Fast approvals
- Digital delivery for immediate filing
- Healthcare bond specialists
- 100% state compliance guaranteed
Top Patient Trust Fund Bond Questions Answered
Our most common questions answered efficiently.
Pricing depends on the bond amount and your credit. Most bonds are affordable and approved quickly.
Most applicants receive same‑day approval.
It guarantees that patient funds will be handled ethically and in compliance with state law.
Bonds are generally non‑refundable once issued.
Yes — your bond must remain active for your facility license to stay valid.
