OH change of operator bonds.
From $100. Enter your amount.

When an Ohio Medicaid nursing facility changes hands, the Department of Medicaid estimates the exiting operator's debt to the program. A surety bond is one way an entering or exiting operator can secure that estimated amount. Pricing is 1% of your bond amount, with a $100 minimum — enter the amount ODM set to see your exact price at the application.

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Used on a nursing facility change of operator under ORC Chapter 5165, when ODM estimates the exiting operator's debt

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Amount is tied to ODM's debt estimation — the actual and potential debt to the Medicaid program

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From $100 — a quick soft credit check may apply, never a hard inquiry

From $1001% of bond amount, $100 minSoft pullnever a hard inquiryOne formto apply

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How it works

Apply to issued in one sitting.

Enter your amount, consent to a soft pull, and we issue. Here is the whole thing — no broker phone tag:

TODAY · ONLINE

Apply online

Your entity details, the bond amount ODM set, and the effective date — that is the entire application, plus a one-time consent to a soft credit pull.

WITHIN 48 HOURS

Reviewed & approved

Larger healthcare bonds get an underwriter's eye; if anything else is needed you hear from us within 48 hours. The credit check is a soft pull that never affects your score.

1–2 BUSINESS DAYS

E-sign & deliver to ODM

Pay online and receive the executed bond, ready to deliver to the Ohio Department of Medicaid as part of the change of operator. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What this bond actually covers

When an Ohio Medicaid nursing facility undergoes a change of operator under ORC Chapter 5165, the Department of Medicaid (ODM) uses a debt-estimation methodology to size the exiting operator's actual and potential debt to the program. ODM can withhold final payments equal to that estimate, and an entering operator may instead assume the liability or post security so the facility can keep participating.

A surety bond is one form of that security. It runs to the State of Ohio / ODM as obligee and guarantees payment of the estimated Medicaid debt the bond is written to cover. It is a three-party arrangement — you (the principal), the surety, and ODM — and if the surety pays, you repay the surety.

One honest caveat: a successor-liability agreement under ORC 5165.521 may not require the signing operator to furnish a surety bond, so a bond on a change of operator is generally an alternative form of security rather than a flat statutory mandate. The amount, form, and whether a bond is accepted are set by ODM for your specific transaction — confirm the exact requirement with the Department before you rely on it. Whatever amount applies, pricing is 1% of the bond amount, with a $100 minimum.

ORC Chapter 5165 (change of operator)Under Ohio Revised Code Chapter 5165, the Department of Medicaid estimates an exiting operator's actual and potential debt on a nursing facility change of operator and may withhold payment or accept a successor-liability assumption. ORC 5165.521 provides that a successor-liability agreement may not require the signing operator to furnish a surety bond — so a bond here is generally an alternative form of security ODM may accept, not a fixed statutory requirement. Confirm the amount, form, and acceptability with ODM for your transaction.

You need this bond if you are

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An entering operator securing the exiting operator's estimated Medicaid debt to close a change of operator

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An exiting operator posting security in place of having final Medicaid payments withheld

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A healthcare buyer acquiring a Medicaid nursing facility and continuing its participation

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Advised by ODM that a surety bond is an acceptable form of security for your transaction

One application, then a quick review.

These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once with the amount ODM set, and the bond is typically issued within 1–2 business days.

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FAQ

Common questions.

How much is the Ohio change of operator bond?Pricing is 1% of your bond amount, with a $100 minimum. The amount itself is tied to the Department of Medicaid's debt estimation for the change of operator — the exiting operator's actual and potential debt to the program. Enter the figure ODM set and the application shows your exact price.

Is this bond legally required?Not as a flat mandate. ORC 5165.521 says a successor-liability agreement may not require the signing operator to furnish a surety bond, so a bond here is generally an alternative form of security the Department of Medicaid may accept — rather than something the statute forces. Confirm with ODM whether a bond is required or accepted for your specific transaction.

What does the bond protect?It runs to the State of Ohio / Department of Medicaid and guarantees payment of the exiting operator's estimated Medicaid debt the bond is written to cover. If the surety pays, you repay the surety — it is a guarantee, not insurance for you.

Is there a credit check?A quick soft credit check may apply — never a hard inquiry, and it never affects your score. Pricing is fixed at 1% of your bond amount, with a $100 minimum — the amount you enter sets the price, not a credit tier.

What amount should I enter?Use the figure tied to ODM's debt estimate for your change of operator. There is no single statutory number — it depends on the facility's Medicaid history. Send us ODM's notice and we will confirm the amount before issuing.

Related bonds

Other Ohio bonds.

Change of operator bond, issued fast.

Pricing from $100, soft pull only. Enter the amount ODM set and have the executed bond in 1–2 business days.

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