TractManager named to “20 Most Promising Enterprise Contract Management Solution Providers 2020” by CIO Review
TractManager was recently honored by CIOReview, a leading technology magazine, as one of the “20 Most Promising Enterprise Contract Management Solution Providers 2020.” The magazine “serves as a trustworthy knowledge source as well as a platform for the C-suite executives, industry experts, technology buyers, and other decision-makers to share their valuable insights about new technology trends in the market.” Its annual listing honors companies at the forefront of providing Enterprise Contract Management solutions and “transforming the contract management arena with their disruptive offerings.”
TractManager’s healthcare-specific software platform, MediTract CLM, is designed, developed, and supported by healthcare experts to simplify and manage the complex regulatory demands of healthcare contracting. Our Contract Lifecycle Management (CLM) solution centralizes contracts in one repository; standardizes contracting processes; and optimizes downstream contract management activities by utilizing analytics, insights, and expert support to diagnose and resolve contract or compliance challenges.
- Improves efficiency. Automated workflows streamline contracting processes and facilitate accountable decision-making throughout the contract lifecycle.
- Increases compliance. Automated capabilities track, monitor, and report on compliance-related contract terms associated with Business Associate Agreements (BAAs), conflicts of interest, and physician compensation, helping clients avoid expensive penalties for non-compliance.
- Provides better insights. Artificial Intelligence (AI)-powered contract analytics helps proactively identify compliance risks and cost-reduction opportunities.
With more than 20 years of experience, our contract experts have the knowledge and best practices to lead clients through the challenges of healthcare contract management and help them achieve regulatory compliance. Our experts partner with clients to define and streamline workflows, integrate real-time contract data with external systems, and gain valuable business insights from their agreements. We also provide these services to help clients take full advantage of MediTract CLM:
- Customized training
- Process/workflow) development and improvement
- Database cleanup
- System administration
- ERP integration
Our healthcare-specific CLM solution can reduce an organization’s annual spend by 12 percent through auto-renewal management and reduce contract administration costs by 40 percent.
Click here to learn more about MediTract CLM, the gold standard of healthcare contracting.
Read the article on the CIO Review website.
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