Nursing Homes that are responsible for holding patient funds are required under the 42 CFR 483.10 to file a Kansas Resident Fund Bond as a condition of licensure.
Bonds Express offers a Kansas Resident Fund Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Kansas Resident Fund Bond holds you accountable for your business decisions.
By possessing a Kansas Resident Fund Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.