Skilled Nursing Facilities

You can retrieve money from a Financial Institution for resident payment using Electronic Funds Transfer (EFT). Retrieving money electronically for payment improves Revenue Cycle and days outstanding, as well as improves the Operational Efficiency gained by electronic resident payment posting versus manual payment posting.

Organizations and facility can set up facility bank information and resident bank information for electronic funds transfer for resident payment. Organizations can create bank configuration profiles to define how EFTs are created for each facility.

Organizations can decide to Enable Offset Record, Auto Post Batches, Auto Export Batches, and whether to export to an FTP location or to their local machine. Timing Profiles can also be set up to Auto Create EFT Cash Batches for specific dates throughout the month.

Residents can be set up for Electronic Funds Transfer with pertinent bank information within their A/R Profile. Several options are available for selection within the Resident EFT Setup. Timing Profiles assigned to residents allow for the automatic creation of EFT Cash Batches to be generated on specified dates or cash batches can be created manually. EFT cash receipt batches can be generated using the Current A/R Balance or the Balance on Last Statement, and options for withdraw of Authorized Maximum Amount or No Limit. Up to three different bank accounts can be set up for the resident that funds can automatically be withdrawn from and applied to the resident’s PointClickCare account.