Every day, MediTract helps healthcare professionals reduce the
cost of doing business and streamline operations so they can focus on their
primary objective - providing the highest levels of patient care.
Why MediTract? MediTract is the leading contract management service provider that
works exclusively with the healthcare industry. We serve hundreds of hospitals
and healthcare systems at thousands of locations nationwide, and our customers
trust our patented process to reduce costs, streamline workflow and provide
them with intelligent control of their contracts.
MediTract's solution:
Empowers staff with direct,
real-time access to all electronically stored contracts and other
business-critical organizational documents
Maintains a schedule of all
contractual obligations for financing transactions, while reducing the cost of
auditing
Identifies opportunities to
renegotiate annual service contracts and prevents payments on expired contracts
Minimizes the effect of employee
turnover
Tracks terms of physician employment agreements and real estate leases to make timely CPI adjustments
Creates custom reports of contract
information and costs
Tracks equipment lease buyouts,
monitor warranty requirements, and maintains current vendors' Certificates of
Insurance
Monitors contract
compliance with Stark II and HIPAA requirements and language
Initiates and tracks
the contract negotiation and approval process