Rapid Implementation of iContracts Contract Management Solution
Bridgewater, NJ – August 30, 2016 – iContracts, a leading provider of contract, compliance and revenue management solutions today announced that Southern Illinois Healthcare (SIH), a community healthcare leader, has gone live with iContracts’ Universal Contract Manager (UCM), to effectively manage contracts, improve visibility, control access, and measure performance. Southern Illinois Healthcare is utilizing iContracts’ UCM to streamline all aspects of contract management throughout their health system.
Historically, SIH managed contracts with a combination of an in-house developed database and manual processes. This approach lacked fundamental capabilities including workflow management, automated notifications, audit documentation, integrated reporting, and the ability to track contract elements both within and across departments.
“We are pleased to have completed the implementation of iContracts’ Universal Contract Manager,” stated William F. Sherwood, General Counsel at Southern Illinois Healthcare. “UCM has already significantly improved our contract management processes and visibility even as we continue to configure the system to suit our needs. We look forward to expanding the use of this powerful business tool throughout our health system.”
Southern Illinois Healthcare is utilizing iContracts’ UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs. All aspects of a health system’s contract management lifecycle, including contract creation, monitoring of key milestones, and compliance can be managed by UCM. iContracts offers a competitive migration program for organizations who are thinking about making a change from their existing platform.
“We are gratified to have Southern Illinois as an iContracts client and successful user of Universal Contract Manager,” commented Leigh Powell, Chief Executive Officer of iContracts. “iContracts’ ability to consistently deliver on the promise of rapid implementation continues to drive our success in the healthcare market as reflected by the accelerating pace of our new client additions. It was a pleasure to work with the team at SIH on this important initiative and we look forward to further expanding our relationship in the years to come.”
About iContracts
iContracts’ comprehensive suite of fully integrated cloud-based solutions helps companies improve collaboration, expand visibility, reduce costs, stop revenue leakage and optimize performance. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by understanding a few core concepts, iContracts solutions are backed by the most highly evolved cloud-based architecture in the industry, built by technologists with extensive contract management experience. iContracts comprehensive suite of solutions revolutionize how organizations think about and manage all aspects of a company’s contract management process, transforming it from an unwieldy collection of spreadsheets, customer 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.
About Southern Illinois Healthcare
The people of Southern Illinois Healthcare, a not-for-profit health care system, are dedicated to promoting the health and wellbeing of all of the people in the communities we serve. Our mission is guided by our values: compassion, collaboration, quality, stewardship, integrity, accountability and respect. Over 3,000 employees, along with physicians and volunteers, work together to achieve our mission and ensure that the health care needs of those we serve are met. We make this a reality by treating patients in SIH facilities, offering services in rural clinics, collaborating with some of America’s best hospitals and improving our communities through our charitable community benefits programs.