The short version
The Bed Monster is a black shadowy entity living under patient beds. When it attacks — a patient or you — the community-documented response is to equip Maple Syrup and use the marked interaction near the monster. The wiki's lore explains why syrup works: the first Bed Monster was a cat that hid under a hospital bed, and the creature stays docile around it. Grab damage is documented too: 10 Sanity on the grab, then 5 more every two seconds while it holds you.