Ntracts
Kelly Connell: What is the overall value to yourself of being a member on Ntracts’ Advisory Council?
Being part of the Ntracts Advisory Council has provided unexpected value for Kelly Connell. It offers a platform for sharing insights, best practices, and real-world integration of Ntracts into existing processes. Members discuss challenges and collaborate with Ntracts to find solutions, making it a valuable experience that surpasses initial expectations.
Latest
Healthcare
Derek Empie: What are some of the value points of being a member on Ntracts’ Advisory Council?
Derek Empie finds that being a part of the NAC offers significant value through connections with fellow attorneys and contract management leaders. Members benefit from mutual learning and serving as sounding boards for each other. The NAC’s unique, friendly atmosphere fosters strong friendships, creating a sense of belonging and making the experience enjoyable.
Healthcare
Nancy Ardell: What have been the benefits of being a member on Ntracts Advisory Council?
Membership in the Ntracts Advisory Council offers Nancy Ardell the opportunity to connect with like-minded individuals dedicated to enhancing contract management and healthcare IT for departmental optimization. It’s both enjoyable and constructive, as the open exchange of ideas among a supportive group contributes to collective improvement and shared success.
Healthcare
Amanda Hausmann: What are your thoughts on the Ntracts Advisory Council and what do you get out of it?
Amanda Hausmann discusses how being part of the Ntracts Advisory Council is a valuable experience. Members continuously learn from other healthcare entities, benefiting from legal experts’ insights on topics like information security and managed care contracts.
Healthcare
Kelly Connell: How is Ntracts reporting adding value within your clinical contracting organization?
Kelly Connell describes how contract reporting has added significant value, even in its early stages. They have developed reports that track workflow, process, and tasks. These reports provide valuable information to her enterprise, including clinician contracting work and contract status from request to execution, as well as updates when positions terminate or leave the organization.
Healthcare
Amanda Hausmann: Can you share examples of successful outcomes that resulted from implementing or updating your contracting policies in your health system?
Amanda Hausmann talks about how prior to these policies, contracts were managed haphazardly across multiple hospitals. Centralizing the contracting process with experts handling negotiations and signatures, has led to a remarkable increase in appropriate contract handling, from 70% to 99%, and reducing risk at their healthcare entity.
Healthcare
Amanda Hausmann: What is one key KPI that’s crucial to monitor in healthcare contract management?
In healthcare performance, monitoring various KPIs is essential but the primary metric is the contract lifecycle time. Amanda Hausmann describes how tracking every contract’s timeline ensures accountability and timely execution for hospitals.
Latest
Where Security Meets People: Building a Better Industry Through Workforce and Inclusion
The security industry is facing a moment of transformation. Amid rapid technological shifts and workforce challenges, companies are realizing that talent — recruiting it, developing it, and retaining it — is now central to long-term success. At the same time, long-overdue conversations around inclusion, representation, and culture are gaining momentum across the sector. According to…
The Hidden Power of Identity Management: How Symmetry Connect Is Reshaping Physical Security
As organizations face increasing pressure to streamline operations and secure access to sensitive facilities, identity management solutions are becoming a critical focus in the physical security space. While traditional access control handles the “how” of gaining entry, identity management tackles the “who” and “why” — automating the full lifecycle of identity onboarding, change requests, and…
Why Total Supply Chain Ownership is the Future of Resilient Tech Manufacturing?
In a world where global supply chains are often fragile and reactive, AMAG Technology is taking a bold stance with a proactive, end-to-end approach. Total supply chain ownership—controlling everything from component sourcing to final product delivery—isn’t just a buzzword; it’s a lifeline in a volatile global market. With disruptions ranging from geopolitical tensions to material…
Reimagining Security Integration in the Age of AI and Mobile Identity
As the physical security landscape continues to evolve, system integrators find themselves at the intersection of rapid technological innovation and ever-growing client demands. Artificial intelligence and machine learning are no longer distant concepts—they’re becoming standard components of modern security solutions, from predictive threat detection to real-time analytics. At the same time, the growing adoption of…
Latest Education Series - Ntracts
Education Series - Ntracts
2023 Education Series: What are the Causes of Contract Invisibility?
This discussion between Stephanie Haywood and David Paschall revolves around the pivotal role of oversight, processes, and technology in managing healthcare contracts effectively, and highlights the intricate balance required to manage contracts effectively. Oversight, processes, and technology are the cornerstones of contract management efficiency and improvement, and with a commitment to implementing these, healthcare organizations…
Latest Ntracts Advisory Council - Ntracts
Healthcare
Kelly Connell: What is the overall value to yourself of being a member on Ntracts’ Advisory Council?
Being part of the Ntracts Advisory Council has provided unexpected value for Kelly Connell. It offers a platform for sharing insights, best practices, and real-world integration of Ntracts into existing processes. Members discuss challenges and collaborate with Ntracts to find solutions, making it a valuable experience that surpasses initial expectations.
Derek Empie: What are some of the value points of being a member on Ntracts’ Advisory Council?
Derek Empie finds that being a part of the NAC offers significant value through connections with fellow attorneys and contract management leaders. Members benefit from mutual learning and serving as sounding boards for each other. The NAC’s unique, friendly atmosphere fosters strong friendships, creating a sense of belonging and making the experience enjoyable.
Nancy Ardell: What have been the benefits of being a member on Ntracts Advisory Council?
Membership in the Ntracts Advisory Council offers Nancy Ardell the opportunity to connect with like-minded individuals dedicated to enhancing contract management and healthcare IT for departmental optimization. It’s both enjoyable and constructive, as the open exchange of ideas among a supportive group contributes to collective improvement and shared success.
Amanda Hausmann: What are your thoughts on the Ntracts Advisory Council and what do you get out of it?
Amanda Hausmann discusses how being part of the Ntracts Advisory Council is a valuable experience. Members continuously learn from other healthcare entities, benefiting from legal experts’ insights on topics like information security and managed care contracts.
Healthcare
Kelly Connell: How is Ntracts reporting adding value within your clinical contracting organization?
Kelly Connell describes how contract reporting has added significant value, even in its early stages. They have developed reports that track workflow, process, and tasks. These reports provide valuable information to her enterprise, including clinician contracting work and contract status from request to execution, as well as updates when positions terminate or leave the organization.
Amanda Hausmann: Can you share examples of successful outcomes that resulted from implementing or updating your contracting policies in your health system?
Amanda Hausmann talks about how prior to these policies, contracts were managed haphazardly across multiple hospitals. Centralizing the contracting process with experts handling negotiations and signatures, has led to a remarkable increase in appropriate contract handling, from 70% to 99%, and reducing risk at their healthcare entity.
Amanda Hausmann: What is one key KPI that’s crucial to monitor in healthcare contract management?
In healthcare performance, monitoring various KPIs is essential but the primary metric is the contract lifecycle time. Amanda Hausmann describes how tracking every contract’s timeline ensures accountability and timely execution for hospitals.
Kelly Connell: What are the keys to good workflow development?
Kelly Connell emphasizes the importance of effective workflow development by thoroughly considering the workflow’s purpose and intended outcomes. This involves identifying challenges, defining user roles and interactions, documentation needs, and opportunities for process improvements and software enhancements to streamline the contract execution process.
Healthcare
Derek Empie: What are the biggest challenges you’ve come up against when trying to gain organization buy-in for contract lifecycle management?
Derek Empie discusses that the primary hurdle in contract lifecycle management implementation is changing the organization’s mindset. People resist change, but effective communication about the reasons behind it, emphasizing risk assessment and financial stewardship, can foster understanding. Gaining executive leadership support is also crucial for a smoother transition.
What is one word you would use to describe healthcare contracting without confidence in your data?
NAC members describes what it means when you have healthcare contracting without confidence in your data.
2023 NAC Meeting – Chicago
Ntracts hosted its 2nd annual in-person NAC meeting this month with a full roster including strategic CLM discussion topics presented by each provider member, keynote speaker Wendy Rubas on contract and information management, and plenty of Chicago-themed fun.
