Healthcare System Turns to Cloud-based Compliance Solution
Bridgewater, NJ – February 21, 2019 – iContracts, a leading provider of cloud-based contract, policy, and revenue management solutions today announced a leader in regional healthcare in South Dakota has selected iContracts’ policy lifecycle management solution, PolicyStat, to effectively manage policies and procedures.
Serving nearly 100,000 residents, the health system remains committed to keeping up with ongoing changes in the healthcare industry, making them one of the most innovative rural healthcare systems in the nation.
Historically, the regional healthcare provider managed their policies within a cumbersome document saved to a shared drive. Such manual process made it difficult to keep track of active policies while insuring compliance. These manual processes lacked the fundamental capabilities the health system desperately needed, including a central repository, the ability to organize content without duplicates and inconsistencies, automated workflow and notifications, and the ability to search, update and review policies in one location.
iContracts’ policy and procedure management solution, PolicyStat, is a Software-as-a- Service (Saas), thus requiring no investment in facilities, hardware, software, or related costs. All aspects of the policy lifecycle can be managed by the PolicyStat solution, increasing productivity while simultaneously enhancing quality and compliance management.
“Hospitals and health systems are operating more efficiently as a result of our truly unique, cloud-based PolicyStat platform,” commented Leigh Powell, Chief Executive Officer of iContracts. “We are honored that another leading healthcare system recognizes the value PolicyStat will add to their operations. We look forward to working closely with their team and playing a small role in their continued success.”
iContracts’ goal is simple – to deliver better solutions for managing contracts, policies, and the revenue cycle that are faster, easier and less expensive to implement. 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.