The healthcare landscape is confronting unprecedented change, evolving regulatory demands, mounting financial pressures, emerging new care delivery models, and unrelenting competition to deliver the highest quality of care to patients and contracted members. In response, health systems are launching a dizzying arraying of strategic initiatives including ACOs, hospital-based health plans, and high-performing physician networks. To succeed within this complex and ever-changing environment, standardized tools to manage your payer, provider, and facility contracts are essential to survive and thrive.
There has not been a solution in the market space to keep pace with these requirements… until now! Verity Contract provides a single-source, electronic repository of contracts to standardize, automate, and streamline the contract lifecycle for your payers, providers, and facilities. Contract provides the ability to seamlessly leverage validated credentialing and enrollment data, eliminate duplication across the healthcare continuum, and decrease the administrative burden to manage contract initiation, changes, and renewal.