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Hoboken University Medical Center Selects iContracts for Contract Management Solutions

Raritan, NJ – April 12, 2012 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Hoboken University Medical Center, a general medical and surgical hospital in Hoboken, NJ, has selected iContracts “Universal Contract Manager” (UCM) to effectively manage contracts, improve visibility, control access, and measure performance.  Hoboken University Medical Center will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.

Michael Rosen, Director of Materials Management for Hoboken University Medical Center noted, “After a thorough review of alternatives, iContracts Universal Contract Manager surpassed all others with its full range of functionality, extreme ease of use, and high degree of automation.  Hoboken UMC looks forward to progressing rapidly through implementation with the iContracts professional services group and fully expects to begin realizing substantial benefits quickly.”

Leigh Powell, Chief Executive Officer of iContracts commented, “Hoboken University Medical Center’s delivery of quality, comprehensive healthcare services to more than 70,000 people annually demonstrates a unique commitment to a large, diverse community.  iContracts is proud to have earned the trust of this prestigious institution and looks forward to delivering on its unwavering promise of better contracting solutions for the healthcare market.”

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. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a company’s contract management processes.  iContracts™ Universal Contract Manager (UCM) is revolutionizing how organizations think about the contract management process, transforming it from an unwieldy collection of spreadsheets, custom 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 Hoboken University Medical Center

Hoboken University Medical Center is a 364-bed facility located in the heard of Hoboken.  It is the oldest continuing hospital in New Jersey, and it possesses some of the area’s best doctors and nurses, the latest in medical technology, and a host of medical specialties to treat people of all ages and ailments.  For more information, please visit www.hobokenumc.com.

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