§ 236.606. Assurance for long term care.
Prior to the issuance of the license, the applicant shall provide for the approval of the Department, an agreement between the applicant and the Commonwealth that binds the applicant to ensuring that funds will be collected by the applicant and transferred to the Commonwealth for the purpose of covering the costs of monitoring and required remedial action during the long term care period. The Department will review on an annual basis, funds collected by the operator and paid to the Commonwealth to ensure sufficient funds will be available to provide for long term care.
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