Stop chasing paper checks and missing authorizations. Automate the "grunt work" of revenue recognition and get clean, reconciled, and audit-ready financial data every single day.
To empower accounting teams, Sunbound acts as a centralized Revenue Sub-Ledger that bridges the gap between your EHR and your bank account. We digitize the entire private payment lifecycle, moving from paper checks to digital ACH as well as handle complex Medicaid and Medicare remittances. Our system automatically matches deposits to resident invoices and eliminates the manual "lookup and post" grind, removing the risk of posting errors and shaving 2–3 days off your month-end close. By providing a clean, "close-ready" data feed, we ensure 100% audit compliance and total transparency across your entire portfolio. Ultimately, we replace scattered spreadsheets with a single source of financial truth, allowing your team to focus on strategic analysis rather than administrative cleanup.
You see a lump sum hit the bank account, but you have no idea which residents it covers. Your team spends hours calling communities or digging through emails just to apply the cash correctly.
You accrued revenue for a Medicaid resident, only to find out 60 days later they lost eligibility. Now you have to process a painful retroactive write-off that distorts your P&L and angers the CFO.
Reliance on overworked BOMs to manually key data into the GL leads to fat-finger errors, misapplied payments, and phantom balances that haunt your aging reports for months.
When the auditors arrive, are you prepared for a stress-free process? Or does your team goes into panic mode, pulling physical files and searching for spend-down documentation that might not exist?
Digital payments matched to invoices in real-time. At month-end, your revenue is already 95% reconciled, turning a stressful "close week" into a piece of cake.
Stop guessing at revenue. With automated eligibility checks and clear visibility, you see what revenue is at risk, making accruals precise and reducing write-offs.
Every transaction, from the initial invoice to the final bank deposit, is visible. You can pull a complete resident financial history in seconds, satisfying auditors instantly.
Three Products. One Intelligent System.
Manual posting is a bottleneck to growth. Digitize the private pay flow to reduce DSO and get a real-time, accurate view of your true cash position.
Don't book revenue you can't collect. Flag eligibility issues before the service period ends, ensuring your revenue recognition is based on verified coverage, not just hope.
Treasury leaders get a clear view of incoming cash, with instant access to bridge timing gaps. Get precise control over your cash position without bank draws.
“They literally had to go in and individually pull all these ACHs from people's accounts. We basically had two people dedicating a full day to that.”
Maplewood Senior Living had built an impressive portfolio of 17 communities across six states, but their payment operations hadn't kept pace with their growth.
Partnering with Sunbound, Maplewood streamlined how payments were collected, processed, and reconciled, allowing them to reclaim five full business days each month, and creating predictable, reliable cash flow across all communities.
Stop the late nights and the spreadsheet battles. Get the clean data you need to close the books with confidence.
Our platform allows for split payments and partial applications. If a family pays less than the full amount, the system flags the variance immediately so your team can decide how to apply the cash and trigger a balance-due workflow.
Yes. Sunbound provides clean, itemized details for your GL (Yardi, Sage, Netsuite, etc.). We handle the granular "sub-ledger" activity and give you the summary data you need for accurate financial reporting.
Absolutely. Because Sunbound batches digital payments into clear, daily deposits that match your bank statement, the "matching game" becomes automated. You can verify the deposit total in seconds.
Yes. We maintain rigorous data security standards and provide logs of all financial transactions, ensuring you pass IT and financial audits with flying colors.
