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MediTract Offers Industry Best Practices for Physician-Hospital Arrangements
Comprehensive Contract Management Practices Help Hospitals Improve Regulatory Compliance Monitoring
CHATTANOOGA, TENN. - February 03, 2010 - MediTract, Inc., the leading contract management service provider exclusively serving the healthcare industry, today introduced new best practices designed to help hospitals significantly improve compliance efforts and reduce the risk associated with physician-hospital arrangements.
MediTract developed and integrated the best practices with the software service to help more than 70,000 regular users of the TractManager system effectively manage and comply with government regulations.
"Physician-hospital contracts are among the highest-risk transactions for hospitals because they are most often the focus of governmental investigations that can result in criminal or civil liability,” said Thomas A. Rizk, MediTract chairman and CEO. “We believe these arrangements merit far more attention, oversight and vigilance to ensure strict compliance with all applicable Stark and anti-kickback laws. MediTract has devised these best practices to help hospitals better manage and reduce the risk of their physician contracts"
About MediTract, Inc.
MediTract (www.meditract.com) is the leading healthcare contract management company in the United States. MediTract was founded in 2000 by healthcare executives with in-depth knowledge of how both providers and payers prioritize their physician and supplier contracts, monitor contract compliance, and reduce the cost of doing business. The company’s proven solutions are helping thousands of healthcare organizations improve visibility and control of their contractual obligations, enhance compliance and streamline workflows.
Press contact information:
Josh Troop, Director of Marketing (828) 337-9241
jtroop@tractmanager.com