Indiana based Health System to deploy iContracts Universal Contract Manager
Raritan, NJ – September 24, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Deaconess Health System, a premier provider of health care services in southern Indiana, has selected iContracts “Universal Contract Manager” (UCM) to effectively manage contracts, improve visibility, control access, and measure performance. Deaconess will utilize iContracts UCM to streamline all aspects of contract management and compliance within their health system.
Deaconess consists of six hospitals, serving three states. Like most healthcare systems, Deaconess is managing thousands of contracts and associated documents, many of which relate to the satisfaction of various compliance standards. As the need to streamline the contract management process within and across multiple physical facilities became apparent, this drove the selection of iContracts UCM.
“Given our growth and increasing regulatory demands, it became apparent to us that centralized contract management had become essential,” according to Candace Foster, project manager.
Deaconess intends to manage all its contracts through iContracts but will start with managed physician agreements, health plan network agreements, administrative contracts, IT and service agreements and property leases. All aspects of a hospital’s contract management lifecycle, including contract creation, monitoring of key milestones, collaborating, creating reports and tracking compliance can be managed by iContracts UCM. The software is cloud-based, thus requiring no investment in facilities, hardware, software or related costs.
“For over 120 years, Deaconess has been providing quality health care services to their surrounding community,” commented Leigh Powell, Chief Executive Officer of iContracts. “We are proud to work with a prestigious institution such as Deaconess and look forward to a successful implementation of our market leading, cloud based UCM platform.”
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. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by understanding a few core concepts, iContracts solutions are backed by the most highly evolved cloud-based architecture in the industry, built by technologists with extensive contract management experience. iContracts comprehensive suite of solutions revolutionize how organizations think about and manage all aspects of a company’s contract management process, transforming it from an unwieldy collection of spreadsheets, customer applications, filing cabinets, and scattered electronic directories to a powerful tool that aligns strategy with execution, while simultaneously insuring greater visibility into commitments and the ability of companies to support growing needs for regulatory reporting and audits. 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 Deaconess Health System
Deaconess was founded in 1892 by a group of Protestant ministers and laymen who felt called to care for the sick. More than 120 years later, Deaconess Health System has become the premier provider of health care services to three states and 26 counties. We continue our mission of providing quality health care services with a compassionate and caring spirit to the community.
The system is made up of six hospitals in Southern Indiana: Deaconess Hospital, Deaconess Gateway Hospital, The Women’s Hospital, The Heart Hospital, Deaconess Cross Pointe, and HealthSouth Deaconess Rehabilitation Hospital. Additionally, the health system includes Deaconess Clinic, a fully integrated multispecialty group featuring primary care physicians as well as top specialty doctors. Also included in the health system is a freestanding Cancer Center, Urgent Care facilities, the Deaconess VNA Plus hospice and home care service, a network of preferred hospitals and doctors, more than 20 care sites, and multiple partnerships with other community health care providers. For more information, please visit www.deaconess.com.