Today, health insurance companies and other healthcare payers like PPOs and HMOs are hyperfocused on containing costs and delivering quality care—while maintaining compliance with ever-evolving regulations. To address these challenges, healthcare payers must make smart decisions on where to focus efforts in transforming operations to inject speed, efficiency, and compliance across their organizations.
In this eBook, we will explore why advanced contract lifecycle management (CLM) technology is critical to meeting these demands. Contracts form the foundation of a payer’s provider ecosystem, defining the terms and conditions under which all transactions are made. Inefficiencies, discrepancies, and manual steps in a payer’s contracting processes severely impact speed, performance, and compliance across the organization.