The Stark Truth about Physician Agreements: A Lapse in Control Can Cost Millions
 

Hospitals and health care services must pay strict attention to physician agreements as a strategic imperative. Stark law regulations on these types of agreements entail heavy punitive costs for hospitals that do not fully comply. Facing the likelihood of error with simply paper-based filing systems, hospitals rely on contract management software to provide visibility and control that will ensure compliance with all regulations. This paper will help readers understand how Stark Law has caused hospitals to think differently about contract management, and how a contract management system can help accomplish far more than storing and tracking physician agreements.

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About Selectica: Selectica (NASDAQ: SLTC) provides Global 2000 companies with cloud software solutions that help them close business faster, with higher margins and lower risk. More than 100,000 users rely on Selectica applications for guided selling, sales configuration, pricing, quoting, and contract lifecycle management to streamline their sales operations and process over one million new contracts annually. Selectica solutions are used by leaders in technology, healthcare, government contracting, and telecommunications, including Bell Canada, Cisco, Covad Communications, Fujitsu, CA Technologies, ManTech, and Qwest Communications.