The Physical Move In Date is the actual date that an Applicant physically moves into a community. The Financial Move In Date is the date upon which the Resident (or payor) becomes financially responsible for services rendered at the community.
It is important to determine your organization's policy for what events or situations determine these dates, and then train staff to follow the policy consistently when they are adding these dates in ALIS.
Here are some helpful things to think about regarding Physical and Financial Move-in and Move-out dates:
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Common reasons why Physical Move In and Financial Move In dates are different:
- Physical Move In Date used for determining per-day charges of care services,
- Financial Move In Date allows for billing according to a monthly rent scheme.
- Physical Move In and Financial Move In dates are required to Move In an Applicant.
- Physical Move Out and Financial Move Out dates are required to Move Out a Resident.
- Physical Move In dates are entered and tracked separately from the Room Assignment Date.
- Any dates that are added incorrectly can be edited after-the-fact by Community Administrators.
- If your Company/Community does not use ALIS Billing, there is likely no need to track different dates for Physical vs. Financial. Best practice is to simply keep these dates the same.