TractManager’s central repository adds new levels of rigor to Froedtert Health’s supply chain processes by requiring staff members to answer a series of questions before submitting their requests. Information captured within the system is then analyzed using evidence-based analytics to ensure Froedtert Health’s analysis team is making the best purchase decision. All requesters, including physicians, have access to this information, which creates an additional level of transparency. The ability to pull key contract details into the repository enables Froedtert Health to monitor and manage vendor obligations efficiently.
Froedtert Health engaged TractManager’s Professional Services team to implement the company’s Contracting Compliance Suite, which includes automated Conflict of Interest Capture forms that are easily distributed, tracked, and completed by physicians, executives, board members, purchasing agents, or other professionals within the organization.
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Froedtert Health is a long-time user of TractManager’s strategic sourcing portfolio, which includes Capital, Medical Equipment Planning, Purchased Services, and Recall Tracker solutions. TractManager also worked with Froedtert Health to redesign and integrate clinical evidence into its value analysis process. TractManager’s Clinical Evidence solution integrates unbiased evidence analyses for emerging and disruptive technologies, capital, and medical consumables into the decision-making process. In tandem with the value analysis software platform, evidence-based research provides transparency to the clinical, financial, and risk impacts of these new acquisitions.
About Froedtert Health
Froedtert Health is a Milwaukee, Wisconsin-based, integrated health care system providing a variety of health-related services, including hospitals and health centers, home care, laboratory, health insurance, employer health services and workplace clinics, and digital health solutions.
TractManager’s healthcare-specific application suite serves three out of five U.S. hospitals. Serving the healthcare industry with integrity for more than 30 years, TractManager is the first mover in strategic sourcing, enterprise contract lifecycle management, and evidence-based data. The company’s more than 450 highly skilled and experienced professionals, operating out of eight offices across the country, help clients to improve cash flows by reducing their capital and nonlabor costs and to conform their contract, credentialing, policy, and procedure management to meet regulatory requirements. Back to HCB News