MEDITRACT UNVEILS COIDSTM
CONFLICT OF INTEREST DISCLOSURE STATEMENT TRACKING SYSTEM
Complementary Module to
the TractManager® System
Creates Operational
Efficiencies for Healthcare Organizations
CHATTANOOGA,
Tenn.
- December 11, 2006 - MediTract, Inc., the leading contract management service
provider exclusively serving the healthcare industry, today introduced the
COIDS (Conflict of Interest Disclosure Statement) tracking system. The system
creates operational efficiencies for healthcare organizations by automating the
collection, distribution, submission and management of annual conflict of
interest disclosure statements.
A
complementary module to the TractManager system, COIDS uses a
centralized database that manages multiple categories of statements
with specific areas for compliance and the disclosure of outside
interest and activities. Authorized management users have continual,
secure access to the database to review statements for possible
conflicts, as well as being able to use the system to demonstrate
control for accreditations and auditors. The system will allow users
to create reports by Category of Statement, Entity,
Department/Practice, Status, Resolution, Fiscal Year,
etc.
"With the COIDS system, users can streamline workflow and administrative processes,
and it is the ideal solution for healthcare organizations in their effort to
meet the latest Stark compliance requirements," said Amy Dollarhide, vice
president, client services, MediTract, Inc. "With immediate access to a
centralized, secure database, some users have found that the turnaround time
for tracking Conflict of Interest Disclosure Statements has been up to five
times faster than manual methods."
MediTract's
TractManager system provides healthcare managers and staff with
direct, real-time access to all electronically stored contracts and
other business-critical organizational documents. The COIDS tracking
system is the first complementary module to launch for the
TractManager system, with future module announcements planned for
2007.
About MediTract, Inc.
MediTract (www.meditract.com) is the leading contract management service provider exclusively serving the healthcare industry, and currently works with hundreds of hospitals and healthcare systems at thousands of locations nationwide. The company's solutions help healthcare professionals regain control of their contracts and reduce the cost of doing business by providing the tools necessary to improve management's visibility of contractual obligations, enhance compliance and streamline workflow.
Press contact information:
Michael Beckerman, Beckerman Public Relations, (908) 781-6420
mbeckerman@beckermanpr.com
Scott Jeffery, MediTract, (201) 556-9200
sjeffery@tractmanager.com
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