Canadian Financial Solution
You told us about the complex challenges facing health care finance managers…we listened and built Procura with you in mind.
As a finance manager in Canada’s home and community care industry, you must juggle decreasing reimbursements, staffing shortages, and increased costs while assuring that patient care and reporting requirements are met. Making the tough decisions that will ultimately best serve your patients and your organization requires accurate, timely, and thorough business intelligence. Fortunately, Procura’s financial solution provides you with all the data you need to make informed and confident business decisions.
Boost your bottom line and your quality of care now.
Key features
- Supports key financial activities like budgeting, measuring productivity, analyzing variance, costing, accounting and forecasting
- Increase profitability with robust billing that shortens the accounts receivable cycle
- Receive and post payments locally with integrated payment processing
- Facilitates EDI for Accounting and Payroll
- Know the financial status of your agency with custom, organization-created reports and a library of pre-configured reports
- Streamline fax management with HIPPA compliant electronic faxing
Robust Billing and Reimbursements
Procura puts an end to switching back and forth between multiple software programs to manage your billing and reimbursements. Procura clients manage invoices, search account histories, and produce statements, all within the Procura application. They use the Cascading Billing function to shorten the gap from services rendered to payment received, all the while keeping a pulse on their P & L standing. Integrated Payment Processing gives them the flexibility to receive/post payments locally, increasing their profitability while reducing administrative effort.
Procura puts you in control of billing and reimbursements with:
- Billing that is generated based on start of care date
- Customizable invoices for all types of payors.
- Billing orders for each payor to target overages and client charges to other orders
- Reports of bills not submitted or submitted but still carrying a balance
Financial Reporting
You need to see the big picture in order to make the best possible financial decisions for your organization.
Procura's comprehensive set of standard reports provide a snapshot of the financial status of your organization for enhanced financial decision-making. Industry-standard reports such as Revenue Analysis report and Revenue Recognition report provides crucial information that you can rely on by:
- Providing cost/payment evaluation while you develop the Plan of Care
- Ensuring you know your exact cost versus projected payment
- Listing the financial data for orders by month providing the profit margin, payments, average costs etc
In addition, Procura's powerful report writing tool - Custom Report Writer - offers infinite reporting capabilities that are fully definable and customizable by you.
Send and receive faxes from your desktop
SecureFAX eliminates the entire manual fax function replacing it with an automated, streamlined and easy to use system that meets all HIPPA security protocols.
We know that accurate, timely, and meaningful financial reports can make all the difference to your bottom line and quality of care. Talk to us about how Procura can help you meet the challenges of financial management in your organization.
