TractManager named to “50 Most Promising Healthcare Solution Providers” list by CIO Review
TractManager was recently named one of the “50 Most Promising Healthcare Solution Providers 2020” by CIOReview, a leading technology magazine. The magazine’s annual listing honors firms that offer “exceptional solutions to enhance the entire healthcare experience for providers, patients, and payers.” TractManager’s three solution pillars—Contract Lifecycle Management, Strategic Sourcing, and Provider Management—provide the tools, transparency and insights to support greater efficiency and smarter decisions across the healthcare organization.
TractManager’s healthcare-specific Contract Lifecycle Management (CLM) solution helps organizations increase efficiency while managing the unique compliance challenges of healthcare contracting. MediTract CLM software centralizes digital contracts in a single, searchable database and standardizes contracting processes via customizable, permission-based workflows. Artificial Intelligence (AI)-powered Contract Analytics proactively identifies cost-reduction opportunities and compliance risks. Our Compliance Suite automates and integrates contract compliance to avoid hefty fines for violations of the Stark Law, Anti-Kickback Statute, and other regulations. Our CLM solution helps reduce provider contracting cycles by 68 percent and contract administration costs by 40 percent.
TractManager’s end-to-end healthcare sourcing and supply chain solutions provide better data, leading to better purchasing decisions. Our technology-enabled services (Spend Management, Value Management, Sourcing and Negotiations, Provider Clinical Evidence, and Capital Inventory Services) help centralize, categorize, and analyze spending on med-surg, capital equipment, and purchased services. Our Strategic Sourcing solutions can help clients improve operating margins, spend less on nonlabor and outsourced services, and achieve 10–30% average savings for a single purchased services category.
TractManager’s Provider Management solution automates provider contracting, credentialing, privileging, and enrollment processes, while utilizing AI-powered analytics to avoid compliance violations. It streamlines and accelerates the contracting, credentialing, and enrollment workflow so providers can start seeing patients faster and getting reimbursed sooner. Manage these functions in-house using our state-of-the-art, cloud-based software—or outsource them to our experts and benefit from TractManager’s NCQA Accreditation in Credentialing. Our Provider Analytics solution analyzes key contract terms and conditions to better manage provider relationships and compensation and to comply with federal, state, and accrediting body regulations.
Learn more about TractManager’s industry-leading solutions for Contract Lifecycle Management, Strategic Sourcing, and Provider Management and how these solutions can help your healthcare organization.
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