What defines the term "nonrecurring lump-sum assessment" in RCFE operations?

The term "nonrecurring lump-sum assessment" in RCFE operations refers specifically to a one-time fee that is assessed due to unexpected costs that may arise. This can include unplanned expenses such as repairs, emergencies, or major maintenance that were not anticipated in the regular budget. It is characterized by its infrequency, meaning it is not something that residents would be expected to pay on a regular basis like monthly fees or annual assessments.

This type of assessment is designed to address immediate financial needs that are not covered by routine operational expenses, allowing the facility to manage unexpected situations without significantly impacting ongoing budgeting or operational funds. Given that this assessment is not periodic or based on regular operational costs, it distinguishes itself from frequent charges, thus making it unique in how it is applied to resident finances.