The term "valuables" includes all negotiable and
nonnegotiable instruments not classified as "funds." Personal checks, credit cards,
valuable papers, jewelry, watches, rings, billfolds, foreign coins or currency, and items
such as expensive cameras and binoculars all are classified as "valuables." If the patient is
the sole indorser on a negotiable instrument made payment to him, he may, if he so
desires, strike his indorsement, thus rendering the instrument nonnegotiable while it is in
the custody of the fund custodian.
a. Commander. The hospital commander has the overall responsibility to:
(1) Operate the PTF.
(2) Properly safeguard patients' funds and valuables.
(3) Designate in writing an officer, warrant officer, or civilian employee as
custodian of the PTF.
(4) Designate in writing additional individuals as required for the efficient
operation of the PTF to include alternate or assistant custodian, cashiers, bookkeeper,
responsible and intermediate individuals.
(5) Determine the amount of cash to be kept on hand in the change fund and
notify the custodian in writing of the amount authorized to satisfy the day-to-day demands
for withdrawals of funds.
b. Custodian. The custodian of the PTF has the responsibilities to:
(1) Receive, safeguard, disburse, and account for patients' funds and valuables
deposited with the fund.
(2) If absent in excess of 30 days, transfer accountability to a replacement
custodian who will accept and receipt for the patients' funds and valuables.
ITEMS AND SERVICES EXCLUDED FROM PATIENTS' TRUST FUND
Items other than funds and valuables are not accepted for deposit with the PTF and
the fund is not allowed to be used for certain other services. Excluded items and services
are as follows: