INVISION® Contract Management provides the modeling, operational, and management tools that are crucial to the successful administration of payer agreements. This solution enables your team to achieve a higher level of accuracy and ease of use through:

• A robust, sophisticated integration with INVISION Financials
• Industry-standard reporting
• Online documentation
• Robust data base for reporting
• Automated payment reconciliation tools

The tools you need
The solution also provides expanded capabilities to help you:

• Create managed care bills
• Manage payment reconciliation
• Automate underpayment identification
• Recover revenue from underpayments
• Calculate expected reimbursement
• Perform complex calculations

With contract modeling, the solution supports the modeling workflow from beginning to end, providing advanced analysis tools and a complex contract calculation engine that enables you to determine the financial impact of potential payer arrangements.

Siemens Contract Management Administration and Recovery Services (CMARS)
can help achieve speed-to-value and maximum revenue from INVISION Contract Management. With this solution, Saint Vincent Health System recovered approximately $2.3 million in lost dollars in its first year, and an additional $1.6 million in its second. Today, managed care and complex arrangements are a fact of life. INVISION Contract Management can help you stay ahead of the curve and maximize your revenue.

“Siemens Contract Management helped automate the process of identifying underpaid insurance claims and has assisted our staff in collecting more than $20 million of underpaid claims since 2001. This was potentially lost revenue that went directly to the bottom line.”

Billie Jo DeBolt, 
System Director, Business Services
Lee Memorial Health System

“From a revenue cycle perspective, Siemens Contract Management solution has been a huge success. In 10 months alone, Jefferson recovered $875,000 in additional revenue from underpayments. And we are continuing to see big results.'

Robert Frank
Chief Financial Officer
Jefferson Regional Medical Center

Data on file. Results may vary