Full-service, continuing care retirement communities have a prime mission to provide independence and dignity to their residents. This is an expensive endeavor for Long Term Care facilities, and in many cases, it can have the unintended consequence of taking resources away from non mission critical items such as IT. When it comes to financial management, this often results in a reliance on legacy systems that are not powerful enough to handle heavy healthcare billing requirements, lack automated reporting capabilities and entail inefficient manual work-arounds to do financial statements and budgeting. Accounting personnel often spend valuable time double-checking data links, instead of performing data analysis.
Microsoft Forecaster to streamline budgeting, which allows more time for analysis and supports better decision-making
Customized portals to automate purchase order approvals, which enables payer controls and reduces paper
High-quality care is the number one priority for providers; reducing costs is the number one imperative. Dynamics GP can help Long Term Care Facilities streamline processes, increase productivity and reduce inefficiency.
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