With the increasing complexities and variabilities in physician compensation arrangements, many of health systems and medical groups today are struggling with manual contract tasks and fragmented contract processes. Provider compensation is typically the largest expense for the provider enterprise. Unfortunately, most organizations still use a very manual, decentralized process to administer this spend, resulting in an exposed and potentially reckless fiscal stewardship for the provider enterprise. This highlights the need for a contract management system that can automates the contract management process.
Our Heisenberg II contract management solution can be configured to meet your organization’s contracting needs, standardize your contracting process, house all contract terms, and bridge the gap between contract management and compensation. Partnering with Hallmark empowers your organization to streamline complex workflows—from provider recruitment to the administration of contractual compensation—enabling faster provider onboarding, fewer compensation inaccuracies, minimized compliance risk, and improved efficiency. Watch the video to learn more: