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Posts Tagged ‘long term care’

Senior Living Facility Case Study: Presby’s Inspired Life

Three years ago, Presby’s Inspired Life (Presby), a senior living facility that provides quality living environments in Southeastern Pennsylvania, came to the conclusion that their accounting software was no longer capable of meeting their reporting needs. To get a better understanding of what they would need in a new solution, they performed an internal Core […]

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Senior Living Facilities: Better Reporting = Getting Handle on Costs

Our experience in working in the Long Term Care industry shows that a common requirement among financial professionals is to get a better handle on costs through better financial reporting. Some fears and concerns we hear from directors of finance, CFO’s, controllers and senior living facilities managers is that they are not able to understand […]

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White Paper: Spend Visibility and Shared Services, Strategies to Address Growing Pains for Care Organizations

To meet the demand of our growing senior population, senior and long-term care facility leaders are planning for strategic growth by expanding facilities, merging with other care centers and becoming multisite complexes.  For many organizations, this present challenges with their operational and patient-facing functions. In a recent white paper, Spend visibility and shared services, strategies […]

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Case Study: Established Long Term Care Facility Updates Financials with Dynamics GP

United Methodist Homes is a church-connected, not-for-profit organization committed to providing a diverse selection of high-quality living environments and communities, primarily for seniors. They provide a continuum of long-term care services, from independent living to 24-hour skilled nursing. Founded in 1951, the Binghamton, NY-based organization currently operates 13 facilities located in four campuses in New […]

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Integrating Dynamics GP to Other Software with SmartConnect

Recently, a client came to us with a rather complex integration need. They had 3rd party software that handled the myriad of requirements for getting reimbursed by Medicare for various procedures and transactions they perform on behalf of the residents of their Long Term Care facility. The problem is that while the information is generated in […]

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Long Term Care Accounting – Integrating Admissions with AR and Billing

Long Term Care facilities often face a dilemma: what is the best way to integrate critical information captured in census and clinical systems with their billing and accounts receivable applications. Though the task of doing this may seem large, having a system-wide integration like this allows LTC facilities to reduce administrative overhead and increase the […]

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Upgrading an Accounting System: What EVERY Long-Term Healthcare Facility Should Know

The business environment within Long-Term Healthcare Facilities poses unique challenges to profitability. By replacing outdated accounting systems with more powerful solutions like Microsoft Dynamics GP, small independents can reap many benefits – higher efficiency, more productivity, faster growth. While demand for nursing care is linked to demographics, profitability of individual facilities depends on efficient operations, […]

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Dynamics GP – The Right Fit For Multi-Site Long Term Care Facilities

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 […]

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