What Is a Patient Trust Fund Bond?
A patient trust fund bond is a state‑required surety bond for healthcare facilities that manage resident or patient funds. It guarantees that the facility will handle all money ethically, accurately, and in compliance with state law.
This bond protects patients and residents from:
- Misuse of personal funds
- Theft or fraud
- Accounting errors
- Mishandling of trust accounts
- Violations of healthcare financial regulations
If your facility manages patient money, your state may require this bond before granting or renewing your license.
Patient Trust Fund Bond Amount & Cost
Bond amounts vary by state and are often based on:
- The total amount of patient funds held
- Facility size
- State‑mandated minimums
Your cost depends on:
- Bond amount
- Credit score
- Facility financials
- State regulations
Most applicants qualify instantly with competitive rates.
Simplifies licensing with a national bond platform that automatically routes you to the correct state and bond type for your healthcare facility.
Who Needs a Patient Trust Fund Bond?
You may need a patient trust fund bond if you operate:
- Nursing homes
- Assisted living facilities
- Residential care homes
- Memory care facilities
- Intermediate care facilities
- Group homes
- Long‑term care centers
Any facility that manages resident or patient funds may be required to file this bond.
Patient Trust Fund Bond Requirements and Eligibility
States typically require:
- Proof of facility licensing
- State‑mandated bond amount
- Credit review
- Compliance with healthcare trust fund laws
- Annual renewal
Some states adjust bond amounts based on the total funds held in trust.
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.
State Patient Trust Fund Bond Pages
Arizona Patient Trust Fund Bonds Details Arizona’s patient‑trust‑fund bond obligations for licensed care providers and residential facilities.
Go to Arizona Patient Trust Fund Bonds
Florida Patient Trust Fund Bonds
Explains Florida’s requirements for nursing homes and assisted‑living facilities that manage resident trust funds.
Go to Florida Patient Trust Fund Bonds
Texas Patient Trust Fund Bonds Covers Texas bonding rules for assisted‑living and care facilities managing resident trust accounts.
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.
