BlueStrata Accounting provides a fully integrated solution that streamlines all financial and operational data. With BlueStrata Accounting, your clinical information — Activities of Daily Living, therapy notes, the MDS, and more — is tied directly to your accounting system. An integrated, real–time recording of vital clinical information provides more accurate reimbursements and can help increase revenue.
Our sophisticated software synthesizes complex industry reimbursement policies to detemine proper resident level of care and more accurate rates. BlueStrata provides customized resident statements and claim generation for any period. This feature makes demand bills or discharge billing a quick and easy process. Statements can also be split by type of charge or responsible party. Retroactive adjustments are also easily computed once the resident is approved for a change in pay source. It’s simply a click of a button and the software does all adjustments by billing period with a detailed report for reconciliation and audits. When generating all types of third–party claims you can edit on–the–fly before transmitting.
All aspects of our billing system allow you to expedite the month–end close accurately and efficiently. The month–end period can be opened and all transactions can be reviewed prior to closing the month and posting to the General Ledger.
The month–end reports include:
A cash drawer is provided for each Resident to easily track deposits, expenses, and interest earned. BlueStrata also provides a variety of reports to assist with the reconciliation of the resident’s trust activity. Resident trust can be closed monthly or quarterly as defined by the user’s policy.
Our General Ledger Offers a detailed Chart of Accounts designed specifically for the long term care industry and is user defined for all default accounts, types, class and departments. General Ledger provides Profit & Loss statements in different formats along with the detailed Balance Sheet and Trial Balance.
Our accounts payable system allows for more accurate cash flow with invoice management and payment processing. We help you manage your payable process from invoice receipt to approval and payment. We also provide built-in controls and an autopay option for your recurring payments. Payables also offers reports to assist with cash management by department and calculates the variance to your budget.
Our collections portion of the software helps you streamline your receivables and better manage your collections process. Now you can easily monitor your receivables and view aging reports showing 30, 60, and 90–day outstanding invoices. Monitoring individual past–due resident accounts has never been easier, collection letters can be saved as templates and used for current or future use.
Design all facility specific forms and letters with our new FastForms! Enables the user to setup templates and save them to be used for all residents. FastForms can also be used for marketing letters and increase census with ongoing communication with interested parties.
Create claims for Medicare, Medicaid, Private Pay and Managed Care Organizations
Comprehensive Financial Product that includes Billing, AR, Collections, Resident Trust, AP and General Ledger
Custom Reports for accurate information for government agencies and financial institutions
We understand that running a long term care facility can be complex. You want to provide the highest quality of care to the residents but you also need to focus on the financial aspects of running a business.
What if you had an EHR solution that gave you more time for resident care and helped you maximize profitability? BlueStrata EHR does just that. We streamline your operations so clinical tasks become effortless while ensuring that activities are populated into our accounting and financial software so you receive the maximum reimbursements available.More