Long-term care facilities require resident fund services in order to comply with federal regulations that state that individual resident accounts must be kept separate from the facility general fund. National Datacare Corporation has become the standard in the long-term care industry, combining banking systems, software, and services in an all-in-one, expert solution that provides compliance and transparency.
More than 6,000 facilities are currently using National Datacare Corporation’s Resident Fund Services. Benefits of the all-inclusive system include excellent customer service, the improvement of timely payments with automatic transfers, and detailed daily reports generated when deposits are made. The system allows facilities to comply with the law while improving their bottom line. In addition, National Datacare Corporation provides solutions for other industries that help to manage client funds, such as homes for the developmentally disabled and representative payee organizations.