Benefits of an Online Payroll-Based Journal

PBJ
by mgossett
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Previously in our blogs, we talked about what payroll-based journal means and how to choose the right provider.  Now we want to explain the benefits of utilizing an online PBJ, but more specifically the benefits of our ITCS Web-Clock PBJ.

Before we jump into the benefits, let’s refresh your memory on what a Payroll-Based Journal is. A payroll-based journal, PBJ, is a system that collects staffing data from specific businesses with direct care employees. All long-term care facilities are required to submit their Payroll-Based Journal, PBJ, to The Centers for Medicare and Medicaid Services within 45 days after the end of the financial quarter under Section 6106 of the Affordable Care Act (ACA)

The Centers for Medicare & Medicaid Services (CMS) is “the U.S. federal agency that works with state governments to manage the Medicare program, and administer Medicaid and the Children’s Health Insurance program.” According to usa.gov, “the CMS seeks to strengthen and modernize the Nation’s health care system, to provide access to high-quality care and improved health at lower costs.”

The main benefit of using a Payroll-Based Journal, according to CMS.gov, is that the system “allows staffing information to be collected on a regular and more frequent basis than previously collected. It is auditable to ensure accuracy. All long-term care facilities have access to this system at no cost.”

What does that mean for you and your business? With our CMS Payroll-Based Journal, you can not only comply with Section 6106 of the ACA, but we can help your organization as a whole.

How so? Let us break it down for you:

-We can help you quickly meet payroll-based journal reporting deadlines and due dates

-You can feel confident that you are reporting the correct information

-Our program supports and reports data for direct hires, agency staff, and contract staff

-We stay on top of any updates to the requirements, so you don’t have to

-Allows you to focus more on patient care

In addition to these benefits, we offer an integration opportunity to help you compile all the required data accurately and efficiently for easy submission. You can bundle our Payroll-Based Journal software with our Payroll and Time and Attendance software to ensure that you accurately and seamlessly report your employee’s data.

Contact us today at 888-549-5550 or WebClock sales at sales@webclock.biz to get your bundle started today!