Health Plan Webinar: Automated Provider Contracting - Reduce Contract Cycle Times by 50%

Online, November 9, 2010 (Newswire.com) - Healthcare reform has brought the industry to a crossroads. For health plans and insurers, the time has come to make definitive efforts to reduce costs, which includes streamlining Provider Contract Management (PCM) processes. Yet, when forced to manage the provider contracting process in a highly manual and paper-based fashion, cost reduction initiatives are impeded and provider relations are often strained.

Join Portico Systems, the leader in Integrated Provider Management (IPM) solutions for a pragmatic review of a case study showing that by deploying an automated provider contract management solution, designed specifically for payers, health plans can arm themselves with the ability to reduce their contract cycles times by as much as 50 percent and improve provider relations. An automated approach to provider contracting represents a paradigm shift in the way contract management is addressed and sets the stage for operational improvements in an evolving market.

What: Health Plan Webinar: "Automated Provider Contracting - Reduce Contract Cycle Times by 50%"

Who: Vik Anantha, vice president & general manager, contracts & financials, Portico Systems

When: Tuesday, November 16, 2010; 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

How: Register to attend this free webinar at http://bit.ly/9Vytv4.

Attendees will hear:

• Why provider contracting is different than generic contracting due to the complexity of provider relationships and its tie into reimbursement
• The short comings of traditional, manual, paper-based provider contracting
• Market pressures causing provider contracting to evolve
• Case study overview of an automated Provider Contract Management solution complete with ROI

You can follow this webinar on Twitter using hashtag #IPMpmc.

For more information on Portico, please visit www.porticosys.com, subscribe to the RSS feed at http://blog.porticosys.com, and follow the company on Twitter at @porticosys and Facebook at http://www.Facebook.com/porticosys.

About Portico Systems

Portico Systems' innovative solutions enable health plans to reduce administrative, medical and IT costs. Portico's exclusive focus on provider operations and 500+ staff-years of provider experience has allowed Portico to design the only modular end-to-end provider platform. Portico, invites you to explore our website (www.porticosys.com) to learn how our commitment to customer service, quality and technology innovation can accelerate the evolution of your health plan's provider operations. Portico Systems is a partner company of Safeguard Scientifics, Inc. (NYSE: SFE) www.safeguard.com. For more information on Portico, please visit www.porticosys.com, subscribe to the RSS feed at http://blog.porticosys.com, and follow the company on Twitter at @porticosys and Facebook at http://www.Facebook.com/porticosys.