Conga CLM - Industry Ebook [HealthCare & Life Sciences]

HEALTHCARE AND LIFE SCIENCES Here’s how Conga Industry Insider can help a healthcare organization like yours. PAYERS AND PROVIDERS Contract Automation Streamline processes from request to renewal. Self-Service Contract Creation Empower the business and accelerate deal time. Managed Risk Standardize workflows, approvals, and amendments, and gain key insights into renewals, See how our partner Conga tackles challenges in expirations, cycle times, and workloads. the healthcare and life sciences industry. From big-picture problems, to the specific needs of a director of provider networks, Conga has it covered. Conga CLM is an end-to-end contract lifecycle management solution built to automate highly complex contracting processes that span geographies and multiple departments. Keep reading to learn how Conga CLM could help a director of provider networks at a healthcare organization bring new providers into her network quickly and efficiently.

The Solution Conga CLM empowers everyone involved in Have accurate and the contracting process, increases contract visibility, complete data in the CRM. and enforces compliance to mitigate risk. The Challenge: Healthcare companies are challenged to understand what is contained in legacy and new third-party paper contracts. Whether from suppliers or payers, the need to do this effectively was never more apparent than during COVID-19. The Solution: Conga Contract Intelligence ingests legacy contracts and makes key terms and clauses actionable. Grow your provider It reads new third-party paper and compares your networks quickly. other party’s clauses with your own. The Challenge: Healthcare payers and providers are looking to grow their provider networks to stay competitive in today's healthcare marketplace. Onboarding and contracting physicians at speed and scale presents a challenge for those without systems to support these activities. The Solution: Conga CLM enables standardized templates that can be managed by legal and provider networking teams. Mass create-and-amend processes onboard physicians as new regions and practices are added to regulatory requirements. Reduce cycle times. The Challenge: Large companies often struggle with managing contract negotiations when there are multiple reviewers spanning across many departments and the required approvals vary. It’s difficult to track status and versions while keeping the contracting process moving along at a fast pace. The Solution: Conga CLM handles the most complex contracting processes and was built for enterprisewide, multi-departmental use. Allow all necessary parties to make changes to the contract online, simultaneously, always working off of the most up-to-date version and design customized approval workflows specific to your unique needs.

The Scenario How Conga CLM Solves Patty’s Challenges In this example, let’s imagine how the director of provider networks at a large healthcare organization Simplifies Processes uses Conga CLM to smoothly manage provider payments without disrupting patient care. Conga CLM enables payers and providers to expand their provider networks by providing streamlined contract generation, negotiation, and execution processes. Handles Lots of Contracts at Once Conga CLM with X-Author for Excel facilitates mass creation and amendment of provider contracts, which enables the fast onboarding of dozens or hundreds of physicians or the amending due to the PATTY PAYER change of a state law. Director of Provider Networks Big Healthcare Org Converts Paper Contracts Patty has to get providers to join her network fast. This means juggling contracts Conga Contract Intelligence reads third-party and complex payment processes while ensuring patients get the care they need. paper contracts from payers to providers, accelerating the creation of reimbursement Her Goals: Her Challenges: contracts for payment. - Onboard and contract physicians as quickly - Interfacing with physicians and staff to gather as possible credentials, care information, and signed contracts is a lengthy process - Get clear visibility and understanding of legacy and new third-party paper contracts - Per diem and procedure-based schedules must both be managed smoothly - Keep contract processes moving swiftly and smoothly - Reimbursement can’t begin until contracts and fee schedules are completed - Maintain quality patient care LEARN MORE ABOUT CONGA CLM