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  Solution Overview

In today's competitive environment, healthcare organizations are looking for new ways to reduce costs while maintaining the highest levels of patient care. While most research firms agree that an automated contract management system can have a significant impact on controlling costs and operations, healthcare executives require a solution specifically designed to address the mounting challenges faced in their industry, such as evolving compliance issues, physician management, supplier consolidation, and the high cost of employee turnover.

Next to labor costs, contractual obligations are a healthcare organization's largest expense. Healthcare organizations that lack control over their contracts and other documents used in the operation of their business often make payments on expired contracts, incur late fees, and miss opportunities to renegotiate/terminate service contracts, or act on equipment lease buyouts.

 Total Enterprise Coordination
MediTract delivers a broad set of service solutions that complements our suite of contract management software. Our consultants will work with you to select the right blend of integrated contract management offerings that will be the precise fit for your organization's unique needs.

Regain Control of Your Contracts
The MediTract solution is a complete turnkey solution for our clients. We provide all the labor necessary to scan, build, maintain and update your organization's contract files. A patented process is used to build the customized and centralized contract and document database.

The solution is accessible via a secure online connection, enabling your organization to simultaneously share one source of information across thousands of employees in various departments and sites. The extensive levels of user security make database information accessible only to those employees who have permission to view specific contract files.

With MediTract's solution, there will be no more:

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Contract costs because of missed expiration dates

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Unwanted automatic renewals

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Payments made on expired contracts

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Red Arrow Neglected opportunities for renegotiations or contract and lease buyouts
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Red Arrow Warranties affected by missed required maintenance dates
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Red Arrow Missed CPI increases on real estate leases for physicians
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Red Arrow Extensive time and money spent on bond financing, preparation for audits and inspections and due diligence projects

Learn about the TractManagerŽ Solution and Patented Process


 

 

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