Portico Systems Webinar: A Healthcare Cost Cure via Automated Provider Contracts

BLUE BELL, PA, February 17, 2011 (Press-News.org) Portico Systems, the leader in Integrated Provider Management (IPM) solutions for payers, will present a complimentary webinar to discuss why payers are changing their provider contract management processes and systems to enable payment reform and reduce administrative costs.

PPACA mandates, coupled with the continuous rising healthcare cost curve, are causing an evolution of the payer and provider contractual relationship. The intent of the new relationship focuses on including a provider's performance in order to shift the healthcare system away from a fee-for-service model. These changes require payers to leverage automation and integration to transform their manual and paper-based contracting processes. In fact, market analysts have stated that 48 percent of health plans are planning network and contract management investments in 2011.

A flexible and automated provider contract management system must be a foundational element in evolving the payer and provider relationship. During this webinar we will examine a health plan case study. We will discuss how the utilization of an automated provider contract management platform increases provider contract flexibility while achieving a 50 percent reduction in contract cycle times.

This webinar will include a live demonstration of Portico's Provider Contract Management solution. Attendees will learn:

• How PPACA and market pressures are causing an evolution of provider contract management
• How leveraging an automated provider contract management platform can enable greater flexibility, reduced cycle time and increased process transparency
• What are some of the options to get started with an automated provider contract initiative

What: "Healthcare Cost Cure: Automated Provider Contracts" webinar

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

When: Wednesday, February 23, 2011; 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

How: Register to attend this complimentary webinar at http://bit.ly/epYpLI.

You can also follow the webinar on Twitter using hashtag #IPM.

For more information on Portico, please visit http://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. Portico Systems has several open positions; visit http://www.porticosys.com/porticosys/career_opportunities to learn more.

Resources

Portico Systems website: http://www.porticosys.com
Portico Systems blog: http://blog.porticosys.com
Portico Systems press releases: http://www.porticosys.com/porticosys/press_releases
Portico Systems Twitter: http://twitter.com/porticosys
Portico Systems Facebook: http:// http://www.Facebook.com/porticosys
Portico Systems webinars: http://www.porticosys.com/porticosys/events
Portico Systems career opportunities: http://www.porticosys.com/porticosys/career_opportunities

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) http://www.safeguard.com. For more information on Portico, please visit http://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:// http://www.Facebook.com/porticosys.