Health insurance companies and other healthcare payers like PPOs and HMOs are hyper-focused on containing costs and delivering quality care while maintaining compliance with ever-evolving regulations and emerging payment models. To keep up with regulatory changes, organizations need industry-specific contract intelligence to adhere to best practices, update complex agreements quickly to ensure compliance, and seamlessly onboard new groups and hospitals to address a network’s primary objective of providing outstanding patient care.
Contract intelligence enables you to unlock the data and information in all your contracts to make better-informed decisions, build stronger business relationships, and adapt quickly to fluctuating market conditions.
Icertis Contract Intelligence is the only solution that automates provider agreement assembly, compliance management, and risk detection—enabling payers to establish, protect, and scale their provider networks quickly. The Icertis platform also enables mass-amend agreements to ensure compliance in a strict regulatory environment. By automating the creation and updating process for complex agreements, including PPA, BAA, and ASA, Icertis enables healthcare professionals to stay focused on delivering high-quality, patient-centered care.
“We needed a contract management platform that would enable us to manage a large volume of complex agreements while meeting our strict compliance and approval standards. The Icertis Contract Intelligence platform will enable us to speed our contracting, improve visibility and increase efficiency across our legal and procurement teams.”
Frances A. Woodward
Senior Vice President, Chief Legal Officer and Corporate Secretary
The Icertis Advantage
Add new network providers and amend existing agreements to ensure dynamic provider contracts meet network and patient needs. Preloaded network provider types, payer agreement templates, and state plans accelerate onboarding velocity.
Track obligations and balance risk across the provider ecosystem. Access, review, and share comprehensive provider agreements that coalesce plan-specific exhibits, reimbursement terms, and fee schedules.
Ensure compliance and audit traceability with the ability to execute mass amendments in response to regulatory changes. Eliminate manual searches and updates that can consume weeks and even months. In addition, automated workflows enable proper audit tracking.
Translate provider ecosystem data into actionable insight. Configurable drag-and-drop dashboards keep your finger on the pulse of the entire provider ecosystem with real-time data.
Icertis Contract Intelligence for Healthcare Payer integrates seamlessly with business, sales, marketing, and transactional software from the world’s leading vendors, giving you better visibility into—and control of—contract data and information, wherever it resides.
Contract Intelligence for Healthcare Payers
Achieve enterprise performance across your provider ecosystem with advanced contract lifecycle management.
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Standardize, streamline, and automate every contract – everywhere
Transforming contracts into structured, connected, and on-demand data is just the beginning. Discover the power of intelligent contract creation, automation, and insights to realize the full intent and maximize the value of every contract, clause, and obligation across the enterprise.