ORMED
MIS™
Accounts Receivable Management for Healthcare
AR - Trust Accounting
Ormed Trust Accounting allows you to set up multiple trust accounts that track everything from personal valuables to cash balances and recurring charges for your residents.
With Ormed Trust Accounting you can:
- Set up multiple user-defined trust accounts per patient (i.e. identify categories and set up as many different types as required)
- Designate a minimum balance per trust account and per patient with a replenishment report to monitor accounts and inform patients or their families when additional funds need to be deposited
- Process deposits and withdrawals into trust accounts in real-time
- Effortlessly track patient valuables
- Automatically calculate interest for funds held in patient accounts
- Easily generate statements and reports that provide an audit trail of trust accounts, transaction history, and patient valuables
- Have ORMED MIS Trust Accounting fully integrated with the entire ORMED MIS Accounts Receivable system to facilitate payment from a trust account to cover outstanding charges
 go to AR - Manager
go to AR - Recipient Invoicing
go to AR - Cash Receipts
go to AR - Chargemaster
go to AR - Activity Entry
go to AR - Reporting
go to AR - Cash Management
return to Accounts Receivable Management
go to Finance Management
return to ORMED MIS |
