How does SeniorCRE manage rate sheets, payer contracts, and annual increases?
Rate sheets live in Excel. Annual increases get applied to base rent but forgotten on care levels and ancillary charges. Payer contracts expire silently and roll over at the old rate.
Detail
Every rate — base, care level, ancillary, payer-specific — lives on the resident or contract record with effective dates. Rate changes apply prospectively across affected residents in one workflow with executive approval. Payer contracts have renewal dates that surface 90 days in advance, with negotiation notes and historical performance attached.
Operators capture the full annual increase across every line — a 4% increase actually yields close to 4% on the AR, not 2.5% after Excel errors. Payer contracts get renegotiated on schedule with utilization data already attached to the conversation.
Key points
- Master rate sheet in Excel
- Payer-contract folder on the controller\u2019s desktop
Key points
- Yardi Voyager
- PointClickCare AR
https://seniorcre.com/workflows/financial/rate-setting-and-contract-management