Billing & Trust Management

Whether you provide skilled nursing 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 MED e-care’s Financial Management solutions you will run your business efficiently and fulfill your mission of helping seniors live their lives to the fullest.

Financial

MED e-care’s eFinancial system is a comprehensive, highly flexible billing and trust software that accounts for multiple programs of care within the same facility. This system offers time-saving wizards for the more complicated processes, service-based setup for customization, automatic calculations, pre-set price/rate changes, batch entry, customizable Trust accounts, comprehensive reporting, financial alerts and notices, an export tool to liaise with accounting software, real-time operational statistics and is MIS compatible.

Billing

MED e-care’s eFinancial system helps you manage your Long-Term Care or Retirement home’s business needs by supporting accounts receivable, billing, PAPP, and trust management solutions. Information from the eFinancial system flows seamlessly to all areas of the software, reducing redundancies and ultimately saving hundreds of work hours.

Process resident billing statements and invoices with accuracy and ease. Built-in receivables support automated payment methods. Seamless integration with the General Ledger provides real-time revenue and receivables data.

Trust

MED e-care’s Trust system allows you to 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.

Perform and track all deposits, withdrawals and trust transactions from the resident’s bank account, as defined in the resident’s profile. Save time with group billing to enter multiple resident transactions at once. Access real-time resident balances and produce a wide range of balance, audit, ledger and other reports.

If you are interested in our products or services, we can offer you a FREE demo, at a date and time that suits you.

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