Financial Management

Financial Management

Driving financial health in the business of care.

Comprehensive tools to improve revenue cycle management.

Whether you provide skilled nursing, senior living and/or retirement community services, inaccurate admissions documentation or inefficient billing processes can significantly impact revenue cycle management. Combine this with a changing payer landscape and increasing complexity in insurance programs, and operating your senior care organization is more challenging than ever before. With PointClickCare’s Financial Management solutions you will run your business efficiently and fulfill your mission of helping seniors live their lives to the fullest.

Accounts Receivable and Billing

With scalable, customizable payer-type configuration and automated ADT (Admission, Discharge, Transfer) and census data updates, our Accounts Receivable (A/R) and Billing solution provides timely, accurate billing of all services provided, every time. You can also take advantage of streamlined management tools, including integrated financial charts created on admission, automatic write-off capabilities and more.

Census Management

Understand your occupancy rates at all times. Our Census Management capability automatically produces and communicates ADT documentation for clinical and billing purposes. Effectively manage staff resources with a registry of all healthcare professionals, and enhance visibility into your pipeline with tools to manage current, historical and waiting-list clients.

Collections

Maximize your collections activity effectiveness.

We have the tools to reduce your average Days Sales Outstanding (DSO) measurements and increase the accuracy of your account tracking. Our Collections functionality provides a one-stop shop to manage all collections-related activity, from conducting aging reviews to proactively actioning outstanding accounts. Customized account aging set-up, adjustable collection threshold amounts, and agency assignment are all supported for added flexibility.

Claims Management

With our Claims Management tools you can establish more control in your reimbursement processes by seamlessly connecting with primary and secondary billing sources for both claims and remittances. Integration with 3rd party clearing houses extends your operational reach. Ancillary imports for all major pharmacy and therapy providers ensure that your claims are accurate for all services provided.

General Ledger and Accounts Payable

Fully integrated with our A/R and Billing module, our General Ledger and Accounts Payable (GL/AP) solution provides  financial tools, designed for  senior care, to effectively manage vendor information, invoices, adjustments and checks. From tracking census days in your financial analysis to producing custom financial statements, GL/AP simplifies and expedites your payment processes. Gain efficiencies with automated GL posting for mapped transactions, facility-specific billing journal entries imports, and batch data entry.

Trust Accounting

The rules and regulations tied to trust accounts for seniors are complicated.

Managing trust accounts doesn’t have to be. With our Trust solution, efficiently manage all account activity, such as resident banking, maintenance charges and interest allocation. Track petty cash and other cash box management tasks with our easy-to-use trust tools, such as a separate month end close out. Reports and statements provide visibility into your activities.

Featured Success Stories

Heather Fritz, Administrative Director, Cedar Creek Assisted Living

Heather Fritz, Administrative Director, Cedar Creek Assisted Living

How using an EHR can set you apart from the competition.

Learn More »

Barbara Boldt

Barbara Boldt, Director of Finance, The Terraces of San Joaquin Gardens

How an EHR helps care providers achieve success with their financial workflows.

Learn More »

Jessica Nguyen

Jessica Nguyen, Director of Health Services, The Terraces of San Joaquin Gardens

Saving time and improving quality of care with the help of an EHR.

Learn More »

Andrew Sackaris, Director of Resident Care, Spring Hills Hunter's Creek

Improving resident care with an electronic health record.

Learn More »

Faye Hoyte, Business Office Manager, Spring Hills Hunter's Creek

Leveraging an EHR to improve billing processes.

Learn More »

Annie Bumgarner, CTRS, Cedar Creek Assisted Living

Annie Bumgarner, CTRS, Cedar Creek Assisted Living

How PointClickCare's EHR can help improve processes for resident activities.

Learn More »

Gloria Jeannotte, Executive Director, Cedar Creek Assisted Living

Gloria Jeannotte, Executive Director, Cedar Creek Assisted Living

How PointClickCare's EHR makes stronger and smarter care providers.

Learn More »

BJ Smith, Resident Concierge, Spring Hills Hunter's Creek

Using information to build stronger resident and family relationships.

Learn More »

Karen Decker, Executive Director, Spring Hills Hunter's Creek

How to transition your long-term care community to an EHR.

Learn More »

Welcov Healthcare Success Story

Welcov Healthcare began its journey with PointClickCare in late 2015. See how they were able to generate a revenue increase of 12% annually, representing $749,829.

Learn More »

Lesa Scott, VP Resident Services & Program Development, Spring Hills Senior Communities

See how Spring Hills Senior Communities completely eliminated paper documentation processes with its PointClickCare EHR platform.

Learn More »

Jean McGill, Clinical Services Director, American Baptist Homes of the West

How PointClickCare helped ABHOW redefine its internal processes and deliver better quality of care.

Learn More »

Buffalo Lake Healthcare Center

Buffalo Lake Healthcare Center wanted an Electronic Healthcare Record (EHR) vendor who could help streamline clinical and billing office activities and guarantee disaster and regulatory readiness.

Learn More »

Want to learn more?

Check out our resources – learn more about trending industry topics and PointClickCare offerings.

Request Demo
Request Demo