Streamline Provider Contract Management with AI Technology

Overview

Even though over 80% of health plan contracts are standard, sign off can take anywhere between 2-4 months. Today, payers like you need to be able to grant members access to a wider provider network. But that’s not possible if your contracting process isn’t optimized.

Infosys Helix Contracting is a module of the Provider Lifecycle Management platform. It is a human-centric, experience-based, AI-Augmented solution that digitizes contracting and negotiations.

With the Provider Contract Management module, you can now fully digitize provider contracts.

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The Infosys Helix Credentialing module reads and extracts the information, classifies provisions and reimbursement details and generates new contracts in real-time. It’s a templatized approach for standardized contracts. Here are some of the key features the solution offers:

Contract Authoring – Leverage deep learning and Artificial Intelligence to create or renew contracts with ease.
Digital Negotiations – Negotiate terms with your providers digitally. Let the AI algorithm accept, reject, or routes suggested changes for further review.
Utilization Tracker – Track the usage of multiple provider contracts through a single dashboard. Receive alerts that let you initiate contract renewal on time.

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