Effective payroll management plays a crucial role in the operational success of long-term care centers, including Skilled Nursing Facilities (SNFs), Assisted Living Facilities (ALFs), and Accountable Care Organizations (ACOs). LTCPro’s Payroll Services are designed to simplify payroll processes and ensure compliance with applicable regulations. By accurately managing employee compensation and providing timely payments, organizations can foster a positive work environment and boost staff morale. This attention to detail in payroll management not only helps to retain skilled employees but also allows facility management to focus on their primary mission: delivering high-quality care to their residents.

In the long-term care sector, efficient payroll management is vital for maintaining employee satisfaction and operational efficiency. By partnering with LTCPro, your facility can focus on delivering high-quality care while we handle the complexities of payroll administration.

Payroll Services for Skilled Nursing and Assisted Living Facilities:

LTCPro offers a full suite of payroll services tailored specifically for long-term care centers. Our services include:

• Benefits Calculation: Accurately calculating employee benefits, including health insurance, retirement plans, and other compensations.
• Processing Termination Checks: Ensuring timely and accurate payment to employees upon termination, including final paychecks and any accrued benefits.
• Processing Personal Action Requests (PAR): Managing employee requests for changes in status, including promotions, transfers, and other employment changes.
• Payroll Analysis: Conducting thorough payroll analyses to identify trends, discrepancies, and areas for improvement.
• Payroll Statutory Compliance: Ensuring compliance with all payroll-related laws and regulations to avoid penalties and ensure legal adherence.
• Maintaining Masters of Employee Insurance Deductions: Keeping accurate records of employee insurance deductions to ensure correct payroll processing.
• 401(k) Census Reports: Generating and maintaining reports related to employee participation in 401(k) retirement plans.
• Employee Insurance Reconciliations: Regularly reconciling employee insurance records to ensure accuracy and compliance.
• State Tax and Labor Statistics Reporting: Compiling necessary reports to meet state tax and labor statistics requirements.
• Time and Attendance Administration (T&A): Efficiently managing employee time and attendance records to ensure accurate payroll processing.
• Scheduler Management: Providing tools and support for effective employee scheduling and shift management.
• Maintaining Garnishment Records and Reconciliations: Accurately tracking and reconciling garnishments for employees as required by law.
• Monthly and Quarterly Tax Reports: Preparing and filing tax reports, including Federal Tax 941, Tax 20, and Workers Compensation Reports.
• Issuance of Year-End W-2 Forms and Returns: Preparing and electronically filing W-2 forms for employees at year-end.
• PBJ Electronic Submission: Managing the electronic submission of the Payroll-Based Journal (PBJ) to meet regulatory requirements.
• 1094C and 1095C Electronic Submission: Handling the electronic filing of 1094C and 1095C forms for Affordable Care Act compliance.

Benefits of Partnering with LTCPro for Payroll Services:

When you choose LTCPro for your payroll needs, you gain a dedicated partner focused on improving your facility's operational efficiency and employee satisfaction. The benefits include:

• Enhanced Compliance: Our expertise in payroll regulations ensures your facility adheres to all relevant laws, reducing the risk of penalties.
• Reduced Administrative Burden: Outsourcing payroll services allows your staff to focus on resident care and other essential tasks.
• Increased Employee Satisfaction: Accurate and timely payroll processing contributes to higher employee morale and retention.
• Comprehensive Reporting: Our robust reporting capabilities provide valuable insights into payroll data and trends.

Long Term Care Payroll Reports and Analytics:

To support effective decision-making and financial management, LTCPro generates a variety of essential payroll reports, including:

• New Employee Data: Comprehensive records of all new employee information.
• Employee Master Report: Detailed overview of all employee records, including demographics and employment status.
• Termination/Rehire Reports: Information on employee terminations and rehiring activities.
• Detailed Hour Analysis: Insights into employee hours worked, including regular time and overtime.
• Tax Reports: Comprehensive reports for federal, state, and local tax filings.
• Employee Deduction Report: Overview of deductions taken from employee paychecks for benefits and taxes.
• Check Register: Detailed log of all checks issued, including payroll and other disbursements.
• Benefits Report: Analysis of employee benefits participation and costs.
• SUTA/FUTA Tax Report: Reports on state unemployment tax (SUTA) and federal unemployment tax (FUTA) liabilities.
• Employee Gross Earnings Report: Summary of gross earnings for all employees over a specified period.

At LTCPro, we are committed to providing exceptional Payroll Services tailored for long-term care centers. Our comprehensive approach, expert team, and dedication to excellence make us the ideal partner for your payroll needs.

Contact us today to learn more about how LTCPro can help optimize your payroll processes and support your mission of delivering quality care to your residents!