One secure home for all your healthcare agreements
From physician agreements to vendor contracts, manage every document with HIPAA-compliant security and automated compliance tracking.
CASE STUDY
See how Sevita uses Concord to track deadlines and manage spend
“Many hours saved, many dollars saved in health contracts that we meant to terminate and forgot.”
Jennifer Neville
Associate General Counsel, Corporate
30% less time spent
correcting & organizing contracts
THE CHALLENGE
Managing healthcare contracts is more complex than ever
Healthcare organizations face unique challenges in contract management, with increasing regulatory requirements and data privacy concerns. Key pain points include:
- Maintaining HIPAA compliance
- Managing diverse contract types
- Protecting sensitive patient data
- Risk of costly regulatory violations
THE SOLUTION
One purpose-built platform for healthcare compliance
Concord provides a HIPAA-compliant platform that streamlines healthcare contract management while maintaining the highest security standards. Key benefits:
- Secure, centralized repository
- Built-in audit trails for compliance
- Role-based access controls
- Real-time visibility across departments
THE RESULTS
Time and labor savings
-20%
less time spent searching for contract terms every day
-40%
less time negotiating sales contracts
-50%
time spent tracking down agreements
Automated processes
Contracts are managed via automated workflows, all in one intuitive platform
Manual processes
Contracts have to be managed manually, across many platforms
Full visibility into contracts
Your team can quickly search all contracts and get email updates
Limited visibility into contracts
The finance team lacks insight into contract amounts and other key terms
AI-powered data extraction
Agreement Intelligence extracts all contract terms automatically
Time-consuming data collection
Forecast data has to be entered by hand, requiring hours of labor
HOW IT WORKS
Extract healthcare terms automatically
Never miss important compliance requirements or regulatory terms. Concord’s AI analyzes contracts to automatically identify and extract:
- Payment schedules and terms
- HIPAA compliance clauses
- Patient data handling requirements
- Insurance and liability terms
- Provider credentialing details
Stay ahead of deadlines
Get automatic alerts for key healthcare compliance dates and deadlines:
- Accreditation requirements
- Provider license renewals
- Insurance policy updates
- Regulatory certification deadlines
- Contract renewal periods
Monitor compliance with real-time dashboards
Generate comprehensive reports to maintain oversight and demonstrate compliance:
- Custom compliance reports
- Contract status across departments
- Provider credentialing metrics
- Regulatory compliance tracking
- Vendor agreement monitoring
Unlock insights from all of your agreements.
Frequently asked
questions
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How does Concord ensure compliance with healthcare regulations?
Concord is designed to comply with healthcare regulations, including HIPAA and HITECH, ensuring that all contracts and associated data are managed securely and in accordance with industry standards.
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Is Concord’s storage truly unlimited?
Yes! Concord provides unlimited storage space for documents and attachments. You can upload contracts one by one or in bulk.
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Does Concord support HIPAA-compliant e-signatures for fast contract approvals?
Yes, Concord includes built-in e-signature capabilities, allowing you to finalize contracts quickly and securely without needing additional tools.
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Can Concord integrate with Electronic Health Record (EHR) systems?
Yes – Concord has custom API capabilities to integrate with various systems