Below are the main functions that the VCare solution can manage within your aged care facility.
Most villages will charge a Deferred Management or Membership fee which is collected when a resident departs. VCare allows the fee details (percentage and rate) to be recorded for each individual contract. VCare will report on the accrual of these fees both on a cash (what would be collected if the resident departed) and an accounting basis (what might be collected based on the average length of stay.) When the resident departs, VCare will update these totals, optionally prorating the last part month.