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. We issue it at a flat 3% with one soft credit pull — enter the amount ODM set and the premium updates.
















Enter your amount, consent to a soft pull, and we issue. Here is the whole thing — no broker phone tag:
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.
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.
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.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure tied to ODM's debt estimate and the premium updates.
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, we issue at a flat 3%.
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.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum, soft pull only. Enter the amount ODM set and have the executed bond in 1–2 business days.