MediTract Announces the Release of Terms(TM), Time and Effort Record Management Service

MediTract, Inc., the leading contract management service provider exclusively serving the healthcare industry, today introduced the Time and Effort Record Management Service (TERMS), as complementary software to the company’s TractManager system. The timesheet automation module helps healthcare organizations comply with the regulatory requirements relating to the distribution and collection of timesheets.

TERMS provides operational efficiencies to healthcare organizations by automating the collection of monthly timesheets, centralizing and securing access to restricted data, and minimizing the risks of non-compliance using a thorough reconciliation system.

“Users of the TERMS module can save countless hours previously spent on timesheet oversight and regulatory compliance,” said Amy Dollarhide, vice president, client services, MediTract, Inc. “Providing a dynamic complement to the TractManager system will allow hospitals and healthcare organizations to further improve their overall operational performance, while increasing their return on investment.”

MediTract’s TractManager system provides healthcare managers and staff with direct, real-time access to all electronically stored contracts and other business-critical organizational documents. TERMS is the second complementary module to launch for the TractManager system, with future enhancements planned for release in the coming months.

About MediTract, Inc.

MediTract (www.meditract.com) is the leading contract management service provider exclusively serving the healthcare industry, and currently works with hundreds of hospitals and healthcare systems at thousands of locations nationwide. The company’s solutions help healthcare professionals regain control of their contracts and reduce the cost of doing business by providing the tools necessary to improve management’s visibility of contractual obligations, enhance compliance and streamline workflow.