Colorado Nursing Home Operators who hold in trust patients’ funds are required by the Colorado Department of Health and Environment to file a Colorado Nursing Home Bond as a condition of licensure.
Bonds Express offers a Colorado Patient Trust Funds 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 Colorado Patient Trust Funds Bond holds you accountable for your business decisions.
By possessing a Colorado Patient Trust Funds Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.