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BED HOLD POLICY 

From time to time, you must be temporarily absent from the Facility for hospitalization or therapeutic leave and during that absence you will be offered the opportunity to reserve your residency. This action is known as a "Bed Hold. The means through which your stay is financed determines exactly how this policy affects you.

MEDICARE/HOSPICE/VA/INSURANCE

In the event you temporarily leave the Facility or require transfer to another facility, we will hold your bed, provided your written request is received before or at the time you are discharged or transferred and provided the Basic Daily Rate is paid in full to date. During this period, you or your Legal Representative or Responsible Party must pay the Daily Bed Hold Rate for the bed in addition to any other charges incurred. If you do not elect a bed hold prior to or at the time of transfer, our Facility reserves the right to terminate your Admission Contract. Medicare, VA and Hospice will not pay for bed holds and neither will most insurance companies. Therefore, it is important that you consult your carrier regarding your policy if you are covered under this type of plan.

MEDICAID

If you leave the Facility for hospitalization, we will hold your bed for up to seven (7) consecutive calendar days as long as there is a reasonable expectation you will return within this period. If you are hospitalized for longer than seven days and have not elected a bed hold, our Facility reserves the right to terminate your Admission Contract. If you require re-admission upon discharge from the hospital and a bed is not available, you will be notified of the first bed available. Overnight home leave is also permitted, but limited to fifteen (15) days per calendar year.

PRIVATE PAY

In the event you temporarily leave the Facility, we will hold your bed for any single hospitalization or therapeutic leave, provided your written request is received before or at the time you leave the Facility and provided all fees owed to the Facility have been paid in full. During this period, you or your Legal Representative, or Responsible Party must pay the Daily Bed Hold Rate for your bed in addition to any other charges incurred. If this procedure is not followed, our Facility reserves the right to terminate your Admission Contract.


 
MANAGEMENT OF RESIDENT FINANCES

You may manage your personal financial affairs or designate someone to assume that responsibility for you. Upon admission, an interest-bearing account can be set up for you; however, there is no obligation for you to deposit funds with the Facility. The Facility is obliged to hold, safeguard and account for your personal funds upon written request by you, your Legal Representative, or Responsible Party. You will have access to your financial records through quarterly statements and upon request.

 

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