Summary: <a href="https://www.complianceandethics.org/wp-content/uploads/2015/02/turteltaub-adam-200x200.jpg"></a>By <a href="mailto:adam.turteltaub@corporatecompliance.org">Adam Turteltaub</a><br> <br> Contract lifecycle management has grown to be an increasingly critical issue for healthcare providers. Staffing issues, shrinking margins and changing regulatory requirements are all adding to the challenge, report <a href="https://www.linkedin.com/in/david-paschall-3783a514/">David Paschall</a>, CEO, and <a href="https://www.linkedin.com/in/stephanie-haywood-9692a31a/">Stephanie Haywood</a>, SVP of Sales and Client Engagement at <a href="https://www.ntracts.com?utm_source=hcca-podcast&utm_medium=guest-speaker&utm_campaign=june23">Ntracts</a>.<br> <br> Pursuing a contract lifecycle management strategy, they report, can help alleviate these issues by reducing the number of days a contract spends being reviewed, increase transparency and help the organization adopt standardized language and processes to ensure greater adherence to internal policies.<br> <br> It can also reduce the number of contracts that get auto renewed by mistake, are not renewed when they should be or overlap needlessly with other agreements.<br> <br> Listen in to learn more about how adopting a contract lifecycle management strategy can bring greater efficiency and a host of other benefits to your organization.
