Louisiana Hospital Migrates to iContracts Contract Management Solution
Bridgewater, NJ – July 23, 2015 – iContracts, a leading provider of contract, compliance and revenue management solutions today announced that Lafayette General Health (LGH) has gone live with iContracts “Universal Contract Manager” (UCM), to effectively manage contracts, improve visibility, control access and measure performance. Lafayette General Medical Center (LGMC) is utilizing iContracts UCM to streamline all aspects of contract management and compliance within their flagship hospital.
Lafayette General Health is the largest non-profit, community-owned regional health system serving the south-central region of Louisiana. iContracts migrated contracts and data from an existing system to Universal Contract Manager. LGH is currently managing thousands of contracts and associated documents across multiple facilities.
“As Lafayette General continues to expand, the need for a more powerful, flexible and scalable contract management system has grown in importance,” stated Gordon E. Rountree, Jr., Senior Vice President, General Counsel and Chief Compliance Officer at Lafayette General Health. “iContracts seamlessly migrated data from our existing platform, enabling us to quickly begin utilizing UCM throughout our entire organization, yielding major improvements in our contract and compliance management processes.”
“Migrating large quantities of contracts and associated information can be a challenge for any organization,” commented Leigh Powell, Chief Executive Officer of iContracts. “iContracts deep experience helping numerous clients make the switch from cumbersome, expensive and inflexible legacy solutions to our truly flexible and user friendly platform makes the implementation process as seamless and painless as possible. We look forward to working closely with the Lafayette team and forging a long lasting relationship.”
LGH will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software or related costs. All aspects of a health system’s contract management lifecycle, including contract creation, monitoring of key milestones and compliance, can be managed by UCM. iContracts offers a competitive migration program for organizations who are thinking about making a change from their existing platform.
About iContracts
iContracts’ comprehensive suite of fully integrated cloud-based solutions helps companies improve collaboration, expand visibility, reduce costs, stop revenue leakage and optimize performance. 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.
About Lafayette General Health
Lafayette General Health (LGH) is Acadiana’s largest non-profit, community-owned regional health system committed to always delivering excellence. The system has over 3,000 employees, serving the south-central region of Louisiana by aligning with facilities across Acadiana. With Lafayette General Medical Center (LGMC) as the flagship hospital, LGH also owns or manages Lafayette General Surgical Hospital, St. Martin Hospital, University Hospital & Clinics (UHC), Acadia General Hospital and Abrom Kaplan Memorial Hospital. Under the system umbrella in fiscal year 2014, there were also nine professional centers and clinical affiliations with five other hospitals. Two Major Teaching Hospitals, LGMC and UHC, provide graduate medical education across many disciplines. LGH also owns LGMD Physician Group, a non-profit corporation that operates and manages several physician clinics, including Family Medicine and Internal Medicine, as well as many specialists and surgeons.