How does SeniorCRE close the period without two weeks of reconciliations?
Design target · Expected outcome
8–12 day close → 4–6 day close
Design target modeled from workflow design. No operator community has been measured, no approved Evidence Record supports it, and business outcomes remain contributory — figures are targets, not results. See Industry Findings for methodology.
Incumbents this workflow touches
Performs in-platform: Excel month-end checklist · Manual journal-entry packets
Integrates with (Tier 3): Sage Intacct · NetSuite · QuickBooks · MatrixCare Financials · Yardi Voyager
SeniorCRE does not “replace” the EHR. Where PointClickCare, MatrixCare, Yardi, or OnShift are in place, the workflow runs on top of the existing record via integration.
The problem
MGMA benchmarks place better-performing senior housing & care close cycles at 5–8 business days; mixed-portfolio operators frequently run 8–12 because clinical, payroll, and AR live in separate systems. Accruals are estimated, journal entries re-keyed, and by the time the financials land the operating month is half over.
How the platform runs it
Census, charges, payroll, and AR preserve source authority and reconcile to the operator-approved ledger definition. A close checklist drives the period: bank reconciliations, payer accruals, intercompany eliminations, and variance review each have an owner and a deadline. Variance thresholds flag any GL account that moves more than expected versus prior period or budget. Close packages — trial balance, P&L by community, AR aging, and management commentary — generate from accepted source evidence rather than being reassembled without lineage.
On the shift
On the third business day after month-end, the controller opens the close package. Bank recs are complete because they run nightly. Payroll posted from the schedule with no re-keying. Census, charges, and AR aging are already locked. She works the variance review queue — eleven GL accounts that moved more than 5% versus prior month, each with an owner and an explanation field. The trial balance, the P&L by community, and the management commentary draft generate from the same data. Day five, financials are out.
What the outcome looks like
Close-cycle impact must be measured against the operator baseline, accepted source access, ledger rules, and validation boundary. SeniorCRE publishes no completed operator-production close outcome.
What goes wrong without it
On a fragmented stack, days one through ten are spent reconciling. The clinical system says census is 92; the GL accrual was built for 88. Payroll from ADP needs to be manually allocated across departments. The controller is correcting last month’s entries while trying to close this month. By day twelve the financials land, by day fifteen the variance commentary is written, and the operating month is half over before anyone has acted on what the numbers said.
Sources for baselines cited above
Industry benchmarks referenced in the problem statement or outcome come from these third parties. SeniorCRE figures are labeled expected outcome — modeled from workflow design and benchmarks, not yet measured in a customer community.
- MGMA DataDive — Better Performers month-end close benchmark
Medical Group Management Association
Show me the evidence
Operators do not buy claims. They buy proof. If anything on this page reads as aspirational, ask us to walk you through the surface in production for a community at your acuity and payer mix.
Where this connects in the platform
Every financial workflow runs on the same record. These are the feature pages, head-to-head comparisons, and pillar articles that go deeper on the surfaces this workflow touches.
Feature surfaces
Compared head-to-head
Regulatory and accounting references
Financial workflows on this page reflect CMS PDPM and PDGM payment rules, GAAP revenue recognition (ASC 606), and the state Medicaid case-mix programs that drive reimbursement.
- Patient Driven Payment Model (PDPM) — SNF Payment Methodology
CMS
Component scoring (PT, OT, SLP, Nursing, NTA) and the variable per-diem adjustments that drive Part A revenue.
- Medicaid Case-Mix Reimbursement — RUG-IV and successor systems
Medicaid.gov
State-level case-mix methodology overview; each state files its own State Plan Amendment with rate calculation detail.
- ASC 606 — Revenue from Contracts with Customers
FASB
The GAAP standard for revenue recognition; governs how room-and-board, ancillary, and Medicaid revenue is recognized over the resident stay.
- OIG Compliance Program Guidance for Nursing Facilities
HHS OIG
Federal expectations for billing integrity programs — drives audit-log requirements and segregation of duties around claims.