Failure to Provide Quarterly Funds Statements to Residents
Penalty
Summary
The facility failed to provide quarterly funds statements to residents for whom it managed personal funds, specifically for two out of three residents reviewed. Record review showed that the facility managed funds for 32 residents, and quarterly statements were requested for three of these residents. However, two residents did not have quarterly statements available for review. During interviews, the Administrator and Business Office Manager acknowledged that quarterly statements had not been given to residents who did not have a responsible party, which was an error, as the residents themselves should have received the statements. Facility policy requires that residents be provided with a confidential quarterly statement of funds on deposit.