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Healthcare organizations today are challenged by rapid change, dynamic cost structures, and volumes of increasingly complex contracts. To improve profitability in the face of rising medical care and material costs these organizations must:
Healthcare Payers
- Build deep and broad provider networks with a set of comprehensive services
- Achieve seamless integration between contracts, pricing, claims and modeling solutions
- React quickly to legislative changes through mass contract amendments
- Reduce risk by predictively managing agreements and renewals with healthcare providers
- Increase auto-adjudication rates and pay claims accurately and timely
- Effectively reduce claims reprocessing and adjustments
- Ensure compliance with legislative directives including HIPAA and Sarbanes-Oxley
Healthcare Providers
- Gain control and actively manage the terms and conditions of agreements with payers and insurance network organizations
- Improve profitability in the face of rising patient care and material costs
- Leverage a single automated contract management system for both procurement and payer agreements
- Demonstrable compliance with a range of regulations, including HIPAA and Sarbanes-Oxley.
Emptoris Contracts, the healthcare industry's most comprehensive contract management solution, provides powerful contract administration, corporate visibility, and proven controls that dramatically reduce healthcare procurement and IT costs, improve the management of Payer and Provider agreements, and ensure regulatory compliance.
Payer/Provider Contracting and Payment Cycle
Results that healthcare payers and providers are seeing with Emptoris Contract Management have been significant.
- Reduction in contract presentation times from 8 hours to 20 minutes
- Consistency in claims payments, resulting in a reduction of claims adjustments by over 60%
- Decrease in time to make amendments in response to new legistlation
Learn More 
Learn More about Emptoris Contract Management:
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Overview 
Product Offering
