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Tennessee Health Management, Inc. Selects iContracts for Contract Management Solutions

Raritan, N.J. – January 11, 2011 –– iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Tennessee Health Management, Inc., a provider of post-acute and senior care services, has selected iContracts™ “Universal Contract Manager” (UCM) to efficiently manage contracts, improve visibility, control access, and measure performance. Tennessee Health Management will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.

Rebecca Demaree, Associate General Counsel for Tennessee Health Management, commented, “The primary goal of Tennessee Health Management was to find a flexible, easy-to-use solution that would effectively manage all contracts and contract types while providing granular permission based access at the field and document levels throughout the organization. UCM’s unique ability to streamline and organize contract visibility across the enterprise is sure to transform the way we manage each contract’s lifecycle. Tennessee Health Management looks forward to working with iContracts on this critical project, and further expanding our relationship in the future. “

Leigh Powell, Chief Executive Officer of iContracts noted, “iContracts is proud to be affiliated with a leader like Tennessee Health Management who places such a high priority on meeting the needs of families for top quality post-acute care and senior services. We believe Universal Contract Manager is the ideal solution for health care providers like Tennessee Health Management looking for a truly flexible solution to help them meet the challenges of managing contracts, commitments, and compliance mandates across a wide spectrum of business processes.”

iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic screen formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.

About iContracts
iContract’s 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 for the Life Sciences and Hospital industry. 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, chargeback, rebate, and government compliance processes. iContracts™ Universal Contract Manager (UCM) is revolutionizing how Life Science companies and other 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 Tennessee Health Management, Inc.
Senior health care is about many things, but most of all it’s a partnership to provide compassionate, dedicated care for the patients of our home health agencies, inpatient and outpatient therapy facilities, behavioral hospitals and hospice. At Tennessee Health Management, we take very seriously the trust the families place in us each day to provide quality care and supervision for their loved ones. In every community we serve, our goal is to be the premier provider of post acute and senior care services and a source of pride not only for our employee-owners, but for our patients, their families and our neighbors. For more information, please visit www.thmgt.com

iContracts Media Contact: 
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com

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