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iContracts Announces Health New England as Most Recent Addition to Client List

Raritan, NJ – March 27, 2012 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Health New England (HNE), a managed care organization based in Springfield, Massachusetts, has selected iContracts “Universal Contract Manager” (UCM). HNE will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.

Laurie Beebe, Manager of Provider Contracts for Health New England commented, “iContracts Universal Contract Manager will enable HNE to streamline and simplify our entire contract management lifecycle for all contract types throughout our organization.  UCM delivers the ideal blend of security and flexibility for any organization that deals with a high volume of contracts and ever changing requirements.  Health New England looks forward to working with the iContracts team on this important initiative.”

Leigh Powell, Chief Executive Officer of iContracts commented, “Health New England’s reputation for delivering quality, affordable healthcare and innovative health plans is widely recognized and needed in today’s rapidly evolving healthcare landscape.  In order to remain focused on these core principals, HNE is focused on all aspects of the business to optimize them for speed, efficiency, and cost effectiveness.  iContracts is proud to have been selected by HNE for this important project.”

About iContracts 

iContracts goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a company’s contract management processes.  iContracts™ Universal Contract Manager (UCM) is revolutionizing how organizations think about the contract management process, transforming it from an unwieldy collection of spreadsheets, custom 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. For more information, please visit www.icontracts.com

About Health New England

Health New England (HNE) is a managed care organization based in Springfield, Massachusetts.  HNE employs 300 associates whose mission is to meet and exceed customer expectations for over 5,000 employers and 125,000 members who choose HNE as their health insurer.  HNE offers a diverse product line, with plans for the employer and individual markets, Medicare and Medicaid recipients.  It is HNE’s mission to provide for the health care needs of its members, deliver superior value, and act as a leading corporate citizen by supporting the diverse needs of the people of western Massachusetts.  For more information, please visit www.hne.com or call Lynn Ostrowski at (413)233-3383.

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