PoseidonCM vs. Newgen Provider Contracting Management

PoseidonCM is an innovative cloud-based platform designed for comprehensive contract management, utilizing cutting-edge technology to streamline processes throughout your organization. Begin with a small implementation and expand as needed, tailoring the platform to fit your specific workflows or utilizing its readily available features. With reminders and alerts, you can ensure you never overlook a renewal or deadline again. The system allows for customizable user permissions, enabling restricted access for different groups to either view or edit contracts based on type. Additionally, users can design personalized dashboards and generate reports to meet their unique needs. The platform supports various record types and list views, enabling tracking of user-defined fields pertinent to each contract. Workflows and approval processes can be structured to be either automated or manually configured, providing flexibility in management. Users have access to multiple search functionalities, whether within specific fields or across entire documents. Intake forms are designed to capture the necessary information consistently from both internal and external sources. The platform also facilitates contract creation, redlining, version management, a clause library, and electronic signature capabilities, making the entire contract lifecycle efficient and organized. Overall, PoseidonCM enhances collaboration and transparency in contract management, empowering teams to work more effectively together.

Enhance the lifecycle of provider contracts by utilizing automation to effectively manage complicated care delivery models, intricate regulations, and constrained provider networks. It is crucial to uphold compliance with regulations to reduce the chances of facing financial penalties. By promoting the creation and oversight of value-based contracts, providers are empowered to deliver transparent and consistent care to their members. The entire contracting process should be expedited, covering initiation, negotiation, execution, archiving, amendments, and renewals. An automated contract creation system, supported by interview-driven contracting features, can streamline this process. A smart questionnaire can be employed to swiftly generate contracts from pre-defined templates, while integrating features like parallel editing, bind variables, reusable clauses, and templates will further accelerate contract development. Additionally, a systematic and organized approach to managing provider credentialing should be maintained, incorporating case auto-routing and intuitive checklists to decrease the likelihood of errors. This all-encompassing strategy not only boosts operational efficiency but also cultivates stronger relationships with providers, ultimately benefiting all stakeholders involved. Moreover, a focus on continuous improvement and feedback mechanisms can ensure the longevity and adaptability of these practices.