Healthcare Contract Management Platform
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Cure contract complexity
Healthcare is complex, and so are its contracts. There is a way to simplify the process and drive better business outcomes through contract tracking, obligation management, and understanding the best terms for negotiation.
It’s all about the data.
Streamline your healthcare contracts
From managing a high volume of contracts to navigating regulatory requirements, you need a solution that streamlines various aspects of healthcare contract management. Ensure your organization has easy access to contracts at every stage to reduce errors that could lead to inefficiencies or noncompliance.
Benefits of CLM for Healthcare
Ease complexity
Healthcare contracts feature an intricate web of privacy laws, provider-specific reimbursement structures, and ever-evolving regulations that can make contract lifecycle management challenging. By increasing visibility and automating tasks, the right CLM platform for your hospital or practice simplifies processes to improve accuracy and contracting outcomes.
Remain compliant
Organizations in the healthcare sector must adhere to a range of contract compliance standards and strict criteria for data security and privacy. You stay compliant by automating compliance checks and alerts throughout the contract lifecycle to ensure that contractual obligations are met.
Connect departments
Increase efficiency and productivity across different departments and facilities with a hospital contract management platform that automates various administrative and time-consuming phases of the contract lifecycle.
Reduce risk
Healthcare CLM is a highly effective tool for assessing and mitigating risks associated with contractual agreements. Ensure contracts are accurately managed and monitored to safeguard your healthcare organization from legal disputes, financial losses, and reputational harm.
Stay future-proof
Solve your contractual processing problems today and have a scalable, flexible solution for solving tomorrow’s problems.
EVMS cuts contract time by 30%
“Everyone knows where each contract is, since it’s in Agiloft. I can say the department is thrilled.”
Hospital contract management platform in action
Agiloft’s robust and flexible platform can be configured to meet the unique needs of the healthcare industry, enabling you to manage contracts efficiently. Here is how our platform solves your most critical challenges in contract management:
Automates workflows
Automate manual tasks required to manage and monitor contracts through different stages, from creation to approval. Workflow automation allows you to reduce repetitive tasks, minimize manual errors, and get instant access to data.
Enhances security
Store contracts in our CLM platform that has security measures and access controls to safeguard sensitive patient information and ensure only designated personnel can view and manage your data.
Improves obligation tracking
Our CLM platform for healthcare provides alerts and reminders for significant events and milestones, such as contract reviews, renewals, and expirations, allowing you to stay on top of obligations and avoid penalties.
Informs critical decisions
Agiloft’s data-first hospital contract management platform tracks contract performance, giving you valuable insights and data to make informed decisions.
Integrates with existing systems
The platform offers point-and-click integrations with over 1000 systems in our Integration Hub. Your healthcare organization can easily connect Agiloft with existing tools that support current processes.
The impact of data availability in healthcare contract management
Learn how the availability and usability of healthcare contracting data can help drive towards your business goals.
Read all about itCLM case studies for healthcare
Discover how Agiloft’s contract management platform for healthcare has helped organizations we have previously worked with:
- Enhanced patient care with insightful data and process reorganization
- Broke down organizational siloes with contract data available to eight organizational departments with phased rollouts
- Integrated bi-directionally into other department systems while managing more than 2000 contracts
- Delivered visibility and foresight through consistent reporting, tracking, and management