Revenue Recognition Software for CCRCs

LifeCalc is a software package that collects and analyzes your CCRC’s resident data and allows you to easily create a series of demographic and financial reports. Functions currently available are: *Amortization of Entrance Fees provides annual and monthly amortization of entrance fees in accordance with the AICPA Health Care Audit Guidelines.
*Population Projections calculates 30-year population projections, including unit turnover, health care utilization and resident movement.
*Financial Analysis calculates 30-year cash flow projection, future service obligation, pricing analysis and projected GAAP financial statements.
*Sensitivity Analysis provides financial analysis utilizing alternate population assumptions.