Section R432-750-28 - Safeguards for Patients Funds and Valuables(1) The licensee shall safeguard patient cash resources, personal property, and valuables that have been entrusted to the licensee or hospice staff.(2) A licensee is not required to handle patient's cash resources or valuables. However, if the licensee accepts a patient's cash resources or valuables, then the licensee shall safeguard the patient's cash resources in accordance with the following: (a) no licensee or hospice staff member may use patient funds or valuables as their own or mingle them with own;(b) patient funds and valuables shall be separated, intact, and free from any liability that the licensee incurs in the use of their own or the institution's funds and valuables;(c) the licensee shall maintain accurate records of patient funds and valuables entrusted to the licensee;(d) records of patient funds that are maintained as a drawing account shall include a control account for any receipts and expenditures, and an account for each patient and supporting receipts filed in chronological order;(e) each account shall be kept current with columns for debits, credits, and balance;(f) records of patient funds and other valuables entrusted to the licensee for safekeeping shall include a copy of the receipt furnished for funds received; and(g) any money entrusted with the facility in a patient account over $150 shall be deposited in an interest-bearing account in a local financial institution within five days of receipt.(3) Each licensee shall maintain a separate account for patient funds specific to that inpatient hospice and shall not commingle with patient funds from another inpatient hospice.(4) Upon discharge, a patient's money and valuables, that have been entrusted to the licensee, shall be returned to the patient that day. Money and valuables kept in an interest-bearing account shall be available to the patient within three working days.(5) Within 30 days following the death of a patient, except in a medical examiner case, the patient's money and valuables entrusted to the licensee shall be surrendered to the responsible persons, or to the administrator of the estate.Utah Admin. Code R432-750-28
Amended by Utah State Bulletin Number 2023-10, effective 5/5/2023