Behavioral Healthcare providers are faced with ever changing and growing compliance requirements that can be challenging and time-consuming. Prominent examples include managing payer and grant contracts in addition to keeping up with regulatory compliance standards such as JCAHO, OIG, CARF and other state and federal agency regulations. Stricter guidelines and greater oversight and enforcement have caused healthcare organizations to seek a solution that will simplify the contract management process across the entire enterprise.
Effectively managing contracts can save your behavioral healthcare organization a substantial amount of money on an annual basis as well as freeing valuable resources for mission critical initiatives. According to Pricewaterhouse Coopers, organizations could realize a savings that equal up to 2% of their total annual costs by eliminating inaccuracies and noncompliance through contract automation. Therefore, an addiction treatment center with a $10 million budget could save two hundred thousand dollars annually with an effective contract management system in place.
- Mental Health Services
- Early Childhood Intervention
- Intellectual & Development Disabilities
- Chronic Disease Management
- Addiction Treatment Services
- Children & Family Services
- Social Services