Healthcare
Amanda Hausmann: Can you share examples of successful outcomes that resulted from implementing or updating your contracting policies in your health system?
One systematic contracting approach lifted compliance from 70% to 99% across a multi-hospital health system
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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