Selectica Contract Management Software Solutions in Healthcare

Healthcare providers, such as hospitals and physician groups, are under tremendous regulatory pressure to effectively manage a broad network of direct and indirect contractual relationships. For example, under the Stark Law (Physician Self-Referral), a hospital cannot accept referrals from physicians or their family members, broadly defined, who have a contract with the same hospital. To do so would violate Medicare billing rules and subject the provider to liability under the False Claims Act.

In the present sea of regulation including broad anti-kickback statutes, Selectica provides important tools to help hospital administrators and their legal counsel meet their responsibilities. Selectica allows healthcare providers to focus on critical contracts, such as arrangements identified by the Centers for Medicare and Medicaid Services (CMS) as Designated Health Services (DHS) under the Stark Law.

Selectica helps ensure that all necessary compliance tasks (including Stark checks, documentation of pro formas, licensing, tracking of conflict of interest statements, Medicare certification) and internal approvals are complete before a contract is signed.

Selectica offers forms and business processes used in custom workflows to accelerate contract negotiation, analysis and reporting, and to minimize legal and administrative costs while following regulatory and corporate guidelines throughout the contract lifecycle.

If you would like to learn more about Selectica and/or see a demonstration of Selectica’s healthcare contract management solution, please contact one of our contract management experts by clicking here.