Raritan, N.J. — April 13, 2011 — iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Virginia Hospital Center, a provider of medical services to the Washington metropolitan area, has gone live with iContracts Universal Contract Manager (UCM), which effectively manages contracts, improves visibility, controls access, and measures performance. Virginia Hospital Center utilizes iContracts UCM as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs.Robin Norman, Senior VP and Chief Financial Officer of Virginia Hospital Center commented, “Virginia Hospital Center is thrilled to have successfully concluded its initial implementation on iContracts Universal Contract Manager System, which focused primarily on physician’s agreements. We have been particularly impressed with the knowledge and professionalism of the iContracts team and look forward to expanding our use of this powerful business tool to many other areas of our business.”
iContracts CEO, A. Leigh Powell, remarked, “We are excited about our shared success with Virginia Hospital Center and overall momentum as a trusted partner for hospitals, systems, and healthcare management companies across the country. The market has clearly recognized the unique attributes and value proposition of iContracts Universal Contract Manager and we are proud to be at the forefront of providing a new generation of solutions to the Life Sciences and Healthcare market.”
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
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 Virginia Hospital Center
For over 65 years, Virginia Hospital Center has provided exceptional medical services to the Washington D.C .metropolitan area. It has deep ties to its community and is dedicated to achieving better patient outcomes, quality and service to all they serve. The Hospital offers comprehensive healthcare and multiple Centers of Excellence including: Cardiology & Cardiovascular Surgery, Breast Health, Oncology, Orthopedic Surgery – Joint Replacement, Stroke, Neuroscience, Urology, and Women & Infant Health. Growing service lines include the only Lung Cancer Center in Northern Virginia, Colorectal Surgery, Urogynecology and more. Virginia Hospital Center is a non-profit teaching hospital, long-associated with Georgetown University’s School of Medicine, and accredited by The Joint Commission and Licensed by the Commonwealth of Virginia Department of Health. For more information, please visit www.virginiahospitalcenter.com.
iContracts Media Contact:
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com