What is a physician contract management system?
A physician contract management system manages the creation, storage, approval, and compliance of contracts with physicians. Physician contract management systems are integral to the efficient operation of physician contracting departments. These systems streamline the creation, organization, and monitoring of contracts between healthcare providers and physicians, ensuring compliance with regulations, timely contract turnaround, and automation/efficiency. Key traits of a comprehensive system also include items such as data integration/analytics, user-friendly interface, customizability, scalability, security, and thorough reporting.
How do I evaluate a physician contract management system?
Using our expansive compliance and operational experience with contract management systems, PYA has developed a checklist that provides non-exhaustive information healthcare leaders should consider when selecting a system that is best for their organizations. Use this checklist to evaluate essential features like contract creation tools, centralized storage, workflow automation, approval routing, integration capabilities, data security, and auditing functions. It offers a step-by-step guide to help you make an informed decision.
For assistance with physician contracting compliance assessments and system selection or fair market value and commercial reasonableness opinions between physicians and hospitals/health systems, our PYA experts are here to help you.
