Healthcare Contract Management

Ncontracts MED^® is a web-based healthcare contract management application designed to manage all of the terms of the agreements for your healthcare organization.  Ncontracts MED^® enables you to track the terms of all of your vendor agreements including managed care agreements, allowing your medical facility or hospital to analyze and evaluate overall contract performance, contractual terms, and enhance financial profitability.  Ncontracts MED^® features contract analysis based on contract terms and conditions using customizable categories to create uniform analysis across multiple agreements.  For each custom category, a user can enter information to track comments, preferred language, rate the importance of the provision, and detail the economic consequence of the provision.  Clients can generate reports to sort data based on terms that are favorable or unfavorable to their organization.

Ncontracts MED^® is ideal for healthcare organizations

• Hospitals
• Surgery centers
• Outpatient clinics
• Physician offices
• Managed care organizations (MCO)
• Health maintenance organizations (HMO)
• Preferred provider organizations (PPO)
• Medical labs
• Ancillary service providers

Ncontracts MED® offers an innovative combination of contract management services and web-based technology to allow you to quickly gain control over complex healthcare and hospital vendor contracts.  Our healthcare contract management services can include a dual paralegal review of each agreement to provide an affordable methodology for analyzing the complexity of your contract terms, which can include distinctions in reimbursement rates by Diagnosis Related Groups (DRG) and provisions regarding the payer's obligations upon Centers for Medicare & Medicaid Services (CMS) changes.

While many healthcare organizations utilize modeling tools and practice management software, those systems cannot process complex contract terms to identify and track specific terms that can be written in multiple ways that are difficult to understand.  In particular, payer contracts have increasingly complex reimbursement terms, formulas, and carve-outs, which can be difficult to understand and monitor.  Healthcare organizations need to know the terms of these agreements to have the ability to determine exact expected reimbursement and contractual allowances for all payers.  Our hospital and healthcare clients use Ncontracts MED^® to analyze managed care agreements to compare terms, negotiate more favorable terms, and decrease their compliance costs.

Ncontracts MED^® also provides healthcare organizations with the means to track all of their vendor agreements including equipment leases, medical director agreements, professional service agreements, part-time employment agreements, joint venture agreements, business associate agreements and many other types of agreements. 

Ncontracts MED® healthcare contract management solution can be combined and implemented with any of our three services, which are Ncontracts^®, Ncontracts Limited^®, or Ncontracts Core^®. View a product comparison.

For additional information, contact Network Contract Solutions today at 888-552-5658 or request a personal Ncontracts MED^® demonstration.