Amanda Hausmann: Can you share examples of successful outcomes that resulted from implementing or updating your contracting policies in your health system?
Amanda Hausmann discusses the positive outcomes of implementing streamlined contracting policies within a healthcare system. By centralizing and expertly managing contracts, compliance improved dramatically from 70% to 99%. The changes reduced operational risks and optimized contract handling in the organization.
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Key takeaways
Centralized contract management led to significant compliance improvement.
Systematic contracting approaches can reduce operational risk.
Expert handling of negotiations and signatures is crucial.
Amanda Hausmann talks about how prior to these policies, contracts were managed haphazardly across multiple hospitals. Centralizing the contracting process with experts handling negotiations and signatures, has led to a remarkable increase in appropriate contract handling, from 70% to 99%, and reducing risk at their healthcare entity.
Centralizing the contracting process with experts handling negotiations and signatures, has led to a remarkable increase in appropriate contract handling, from 70% to 99%, and reducing risk at their healthcare entity.
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Contract lifecycle management built for the complexity of healthcare.
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