Raritan, NJ – February 21, 2012 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that The University of Tennessee Medical Center, a nationally recognized teaching and research hospital serving Knoxville and the East Tennessee region, has gone live with iContracts “Universal Contract Manager” (UCM), to effectively manage contracts, improve visibility, control access, and measure performance. UT Medical Center will utilize iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.
Gary Thomas, VP of Compliance with The University of Tennessee Medical Center stated, “The University of Tennessee Medical Center is pleased to have successfully concluded the implementation of iContracts Universal Contract Manager, on budget and within 30 days of commencing the project. We are extremely impressed with the knowledge and professionalism of the iContracts team and look forward to expanding the use of this powerful business tool to other areas within our organization.”
Leigh Powell, Chief Executive Officer of iContracts commented, “We are gratified to be working together with such a well-known and respected teaching hospital as The University of Tennessee Medical Center on such an important initiative – and proud that we have again lived up to our promise of providing solutions that are clearly better, faster, and higher value than alternatives. While the promise of rapid implementation and time-to-value is widely claimed by many solution providers, iContracts’ ability to consistently deliver on this promise sets it apart and continues to drive our success in this important market segment.”
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 for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. 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 The University of Tennessee Medical Center
The mission of The University of Tennessee Medical Center is to serve through healing, education and discovery. UT Medical Center, a 581-bed, not-for-profit academic medical center, serves as a referral center for Eastern Tennessee, Southeast Kentucky and Western North Carolina. The medical center, the region’s only Level I Trauma Center, is one of the largest employers in Knoxville. For more information about The University of Tennessee Medical Center, please visit www.utmedicalcenter.org.