Resident Trust

VistaCARE Resident Trust helps long-term and post-acute care facilities track their residents' incoming and outgoing funds in the residents' trust fund. Standard reports from Resident Trust create an audit trail of all resident entries that can be traced back to the original deposit or check.

Resident Trust handles

• Interest allocation
• Bank reconciliation
• Petty cash
• Bank charges
• Batch data entry
• IRS 1099-INT forms
• Statements for residents and family

When a resident is admitted to your facility, a resident ledger is created using information entered in VistaCARE ADT. Deposits can be split between Resident Trust and VistaCARE Accounts Receivable. Resident Trust can also be used as a standalone system.

Key Features

• Provides residents and government auditors with precise accounting of each trust fund.
• Tracks petty cash and bank funds separately.
• Generate a Resident Trust Ledger on demand, which lists each resident's activity and balance.
• Prints 1099-INT forms or Substitution 1099-INT forms for residents and the IRS.
• Provides a screen display of each resident's transactions and current balance.
• Ensures that cash receipts and disbursements (including petty cash) are balanced before closing out the month.
• Provides a Resident Trust Worksheet for recording transactions by hand for later posting.
• Prints and displays history reports for time periods you select: by checks, deposits and petty cash. A history of all transactions by resident is also available.
• Produces more than 24 standard reports, including an audit report, reconciliation report, and receipts and disbursements journal.

Keane Care, Inc. , 636 120th Avenue NE, Bellevue, WA 98005. Tel: 800-426-2675; Fax: 425-453-1521.