Ntracts Blog: Healthcare Contract Management, Compliance & More
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A Step-by-Step Guide to Ntracts’ Healthcare-Specific CLM Implementation
00:44 Hi. My name is Amanda Canady, and I'm the Director of Client Delivery here at Ntracts today. What I'm going to be going over is our implementation roadmap, where I'm going to talk about, really the highlights of what we're going to do in your implementation process when you get to work with one of our implementation consultants here at Ntracts, from the very beginning of the project, when we do our kickoff with your project team, there at your organization, we're going to be walking hand in hand with your organization to identify all of the key components that are going to help make this implementation a success. 01:17 The most important thing that we do at the very beginning is kicking off the data piece of your project, 01:36 We want to walk the very beginning part of the project, focusing on the data, because we want to [...]
[Webinar On-Demand] Primer on Health Care Transactions & Compliance Considerations: In-House and Outside Counsel Conversations
Get our Contract Compliance Checklist Download Now What you will learn: This webinar is a primer session on the critical stages and considerations involved in healthcare transactions. Beginning with the early stages of a transaction, participants will learn about the importance of preliminary discussions, due diligence, and the drafting of key pre-transaction documents such as Non-Disclosure Agreements (NDAs) and Letters of Intent (LOIs). The session will also cover the complexities of deal structuring, including the impact of tax, antitrust, licensure, and HIPAA considerations, and the roles of both in-house and outside counsel in navigating these issues. The webinar will give an overview of the negotiation and management of essential transaction documents, such as purchase and operating agreements, highlighting the importance of financial covenants, restrictive covenants, and indemnification provisions. Finally, participants will gain insights into post-closing considerations, such as tracking indemnification periods, ensuring compliance with post-closing covenants, and preparing [...]
Ntracts Announces Partnership with DocJuris: Transforming Contract Lifecycle Management with AI-Powered Solutions for Healthcare Organizations
October 30, 2024 CHATTANOOGA, Tenn. & HOUSTON--(BUSINESS WIRE)--Ntracts, a leader in contract lifecycle management (CLM) solutions for healthcare, announces strategic partnership with DocJuris, an AI-powered contract review platform. This partnership is positioned to further drive Ntracts' best-in-class contract lifecycle management solution by streamlining the critical review and negotiation stages, providing greater accuracy and efficiency in contracting processes for clients of both companies. Through this partnership, Ntracts will leverage DocJuris’ AI-powered contract review and playbook platform to complement its robust CLM capabilities, bringing advanced contract review and negotiation features to healthcare organizations looking to thoughtfully apply AI advancements that will fast-track their contracting processes without sacrificing compliance measures, making the process more efficient, reliable, and enjoyable. “At Ntracts, we’re committed to simplifying the contract negotiation process for healthcare organizations—a process that is often intricate, unique, and resource-intensive,” said David Paschall, Chief Executive Officer at Ntracts. “Our partnership with DocJuris is grounded in the [...]
ProviderTrust and Ntracts Partner to Proactively Address Vendor Risk
Nashville, Tn. - [October 14, 2024] Strategic Partnership to Connect Healthcare Vendor Compliance and Contracting Ntracts is proud to enter into a partnership with ProviderTrust, a leading healthcare data and technology company. This strategic partnership and alignment will improve compliance data hygiene and give healthcare organizations clear visibility into their vendors’ payment eligibility at contracting and throughout contract execution. Together, ProviderTrust and Ntracts will prioritize holding vendors accountable for healthcare compliance and the regulatory standards imposed on government lines of business. “We are thrilled to partner with Ntracts to enable better connectivity between vendor compliance and contract management,” said Christopher Redhage, co-founder and managing partner at ProviderTrust. “These services are complimentary in the most effective way, enabling healthcare organizations to vet vendors throughout the contracting process and beyond, ensuring that vendors and their owners are not excluded at any time during their business relationship. This vendor strategy provides vital insights for risk-based [...]
