Rapidly Growing Manufacturer to Deploy Solutions for Managing Commercial Contracts
Raritan, N.J. – Nov 26, 2012 – iContracts, a leading provider of solutions for managing corporate contracts and commitments today announced that VistaPharm, a rapidly growing manufacturer of pharmaceutical products, has selected iContracts suite of solutions to manage commercial chargeback processing and reporting. Specific modules licensed include iContracts Core, Chargeback Payer, and Reporting & Analytics.
John Freeman, CFO at VistaPharm, commented, “With VistaPharm’s rapid expansion beyond the long-term care market into hospitals and specialized clinics, the need for a powerful commercial contracting solution became acute. As importantly, we needed to position our business for future growth by adopting a platform that meets our needs today and into the future. Our review of alternatives led us to the clear conclusion that iContracts offered not only the best solution, but a superior model for rapid adoption and ongoing support for our business. We look forward to working with the iContracts team on this important initiative.”
Leigh Powell, Chief Executive Officer of iContracts noted, “We are pleased to welcome yet another fast growing pharmaceutical company to our family of customers. VistaPharm’s focus on delivering healthcare products that offer a significant benefit at a reasonable price to several niche markets is clearly aligned with the needs of the market and iContracts is proud to play a small part in supporting these efforts.”
iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic page formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.
About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.
About VistaPharm
VistaPharm, established in 1998, is a healthcare company that specializes in delivering pharmaceutical and OTC products that offer significant clinical benefit at a reasonable price. To learn more about VistaPharm, please visit www.VistaPharm.com.