The Patient Funds module facilitates the management of resident funds during residency in your facility. Maintenance of multiple fund accounts, from savings to in-house accounts with in-house patient fund moneys subsequently directed toward any allowable ancillary charges.

Account maintenance is effortless. Upon deposit of each social security, pension, or other income check, the system applies a predetermined portion of the total to a patient's fund account. Interest on the account is calculated according to a configured percentage rate or to a proportional breakdown of the dollar interest amount. That interest is automatically added back to the patients account.

The application provides diligent monitoring of accounts. Account administrators can configure withdrawal restrictions for particular patients. Patient funds are seamlessly integrated with the Accounts Receivable module, guaranteeing complete documentation of account activity. Staff members generate detailed reports listing all deposits and withdrawals for every patient. Quarterly statements are systematically produced for each amount.

HCIS' Patient Funds module automates a mini-banking system for your facility, providing patients both the comfort of personal resources and an important sense of self-sufficiency.

• Enter all your daily, weekly, and monthly fund expenses all at once.
• Print and preview all checks as they print.
• Clear, void or reprint checks all in the check register.
• Apply predetermined portion of every patient income check to patient funds automatically.
• Maintain both savings and in-house accounts for every patient.
• Automate application of in-house account moneys to allowable ancillary charges.
• Calculate and apply interest to patient funds with ease.
• Generate reports detailing all deposits and withdrawals for each account.
• Produce regular quarterly statements of account balances.