Contract Lifecycle Management for Healthcare Industry
Increased scrutiny by compliance regulations such as HIPAA (Health Insurance Portability and Accountability Act) for the healthcare industry warrant the need for well-defined operating procedures. Automated AI-based contract management software for healthcare organizations will ensure easy contract authoring.
It will generate real-time visibility into Business Associate Agreements at the clause level, and drive compliance throughout the lifecycle. A compliance and risk officer can focus on doing the right things rather than grapple with paper, image, or even MS Word-based contracts.