PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: Yardi Systems, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Pathway Senior Living and Yardi Share ALFA Best of the Best Award - Assisted Living Federation of America recognizes ‘excellence in senior living’ from the recently developed Yardi Medicaid Billing Solution - PathwaySL.com / Yardi.com
Pathway Senior Living and Yardi Share ALFA Best of the Best Award

 

NewswireToday - /newswire/ - Santa Barbara, CA, United States, 2012/05/07 - Assisted Living Federation of America recognizes ‘excellence in senior living’ from the recently developed Yardi Medicaid Billing Solution - PathwaySL.com / Yardi.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Yardi and Pathway Senior Living, a Yardi client, have been named recipients of the 2012 Best of the Best Award in the technology adoption category by the Assisted Living Federation of America (ALFA).

The award recognizes contributions from Pathway Senior Living, a Top 80 assisted living provider with a strong background in providing Medicaid-supported services, to Yardi’s development of the Yardi Medicaid Billing Solution, which is available to users of Yardi Voyager™ Senior Housing.

The Yardi Medicaid Billing Solution differentiates between room and board, care and other types of services. When used in conjunction with the Yardi general ledger, it allows for differences between accounting periods and Medicaid service periods. For state Medicaid programs that follow a resident income-based model, the software is capable of tracking changes in resident finances, and it adjusts the distribution of charges between the private payer and Medicaid accordingly. Additionally, Yardi Medicaid Billing Solution’s built-in functionality recognizes that Medicaid program rules for reimbursement vary depending upon a variety of factors, such as the reason for a leave of absence or the number of payable bed-hold days that a resident incurs within a fiscal year, and automatically adjusts billing calculations accordingly. The Yardi Medicaid Billing Solution can help senior living communities satisfy audits, meet state reporting requirements and avoid payment delays.

“Before we implemented the Yardi Medicaid Billing Solution, changes in patient income levels and leaves of absence were not always reported on time or with the correct reason. This often produced a Medicaid payment adjustment months after Medicaid made the initial payment,” said Michael Vick, chief financial officer for Pathway. “Now, the automated process always gets it right, and our clinical staff can focus on delivering resident care rather than manually tracking LOAs. The Yardi Medicaid Billing Solution expands staff efficiency, improves the quality of the information we receive and reduces our billing management costs.”

Vick added,“The solution expedites accurate submissions of data to the state, resulting in quicker payments and better cash flow. The billing process is simpler and clearer for residents, their families and our staff, as well as for regulators and auditors charged with deciphering complex Medicaid billing rules.”

Eric Kolber, vice president of senior housing for Yardi, said,“When we evaluated current industry practices, we found that highly specialized employees spent multiple days at the end of every month reconciling their Medicaid billing. The automation provided by our software has virtually eliminated that need. The billing is fast, reliable and transparent. This solution will benefit every assisted living community that accepts Medicaid payments.”

ALFA bestowed the award following extensive review and grading. Award criteria included uniqueness, innovation, business excellence and quantitative assessment. “The Medicaid Billing Solution is truly a program we believe will advance excellence in senior living,” said Jamison Gosselin, ALFA senior vice president of marketing and communications.

Yardi and Pathway will receive the Best of the Best Award at ALFA’s Community Conference 2012 in Dallas this month.

About Pathway Senior Living, LLC
Formed as a partnership in 1997, Pathway Senior Living (pathwaysl.com) is a privately held, Chicago-based company managed by an experienced team dedicated to improving the lives of older adults. With the support of various partners, Pathway develops, owns, operates, and/or manages market-rate and mixed-income independent living and assisted living communities.

About Yardi
Yardi Systems (yardi.com) has been committed to the design, development and support of innovative software solutions for 30 years. With its senior housing software and investment management software solutions, Yardi Voyager™ is the most comprehensive senior housing management software on the market today. More than 70 senior housing providers use Yardi Voyager to serve residents in more than 1,500 communities. Yardi serves clients around the world from offices in Asia, Australia, Europe, the Middle East and North America.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Yardi Systems, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!
.

 
  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!


Pathway Senior Living and Yardi Share ALFA Best of the Best Award

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Joel Nelson - Yardi.com 
805-699-2040 x1255 joel.nelson[.]yardi.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Yardi Systems, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Yardi Systems, Inc. / Company Profile


Read Software Most Recent Related Newswires:

ForeScout Partners with ServiceNow for Improved Asset Management, Compliance and Security Response
IBM X-Force Red Launches New Services for Automotive Industry and IoT
IBM and University of Alberta Publish New Data on Machine Learning Algorithms to Help Predict Schizophrenia
PTC Named a Global Leader in IoT Platforms by IDC MarketScape
The Weather Company Collaborates with PurpleAir to Provide Community Air Quality Data Across its Consumer Properties
Pegasystems and Accenture Team to Offer Communications Service Providers Intelligent Customer Decisioning as a Service to Improve Customer Engagement
Frost & Sullivan Recognizes eClinicalWorks’ Revenue Cycle Management Services with Leadership Award
London Stock Exchange Group Collaborating with IBM to Develop Securities Data Blockchain Solution for European SMEs
ITEX IT-Service GmbH Achieves Silver Partner Status with NAKIVO
Oracle Named a Leader in 2017 Analyst Evaluation for Digital Process Automation Software
NAKIVO Launches v7.2 Beta with ASUSTOR NAS Support and New Features for Microsoft SQL Server
Splunk and Booz Allen Hamilton Announce Cyber Intelligence Service to Manage Advanced Threats with Greater Precision and Speed
Duke Kunshan University Selects Oracle to Optimize Student Experience
Infor Announces New Collaboration with ADP
SYSPRO ERP Software’s New AI Capabilities for Manufacturers and Distributors Reported by Leading Enterprise Solutions Analyst

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Rapid Recovery

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)