Better Reporting contributes to Better Care for Residents in LTC

Posted by Mike Bufano on March 30, 2017

It’s not easy to manage all the moving parts in a vibrant mid-sized skilled nursing home with multiple sites and types of care facilities.  Decisions made by executives and department heads include hiring the right staff, stretching limited resources, having money in the budget to provide interesting activities and retaining the skilled staff that really contribute.  Managers must make tough choices, face hard decisions and too often struggle if they don’t have the right information at the right time.    

When a department head, manager or executive has good financial reports, they make better decisions and we believe helps focus on the mission of providing quality care for the residents.   

Specifically, we help accounting teams: 

  • Reduce the time required each day the accounting department spends handling transactions and instead give them time to provide analysis and insight…
  • Leverage new technologies to automate and distribute reports across departments and to keep data accessible and secure…
  • Better understand spending with better insight into costs…
  • Give access to information to managers that can contribute to better informed decisions, replacing gut instinct… 
  • Reduce and often eliminate the need for offline Excel Spreadsheets to reduce errors and increase efficiency… 
  • Provide better budget controls and spending controls for the CXO’s and Department Leaders…
  • Make better decisions on staffing, procurement and operations because financial data is accessible, up-to-date and comprehensive…
  • Integrate with clinical, procurement, ebanking, payroll and data from across the organization to build and manage a seamless accounting system…
  • Provide the business with more insight into the financial future including predicting cash flow… 

At Intellitec, we take pride in helping the accounting department make often dramatic improvements to the accounting systems by applying accounting technology at LTC facilities across the country… and we truly believe that the if the accounting department can efficiently do its job  … we are all making a difference.