Digitizing Contracts for Seamless Operations
Care Initiatives, a prominent healthcare provider in Iowa, embarked on a transformation journey with Evisort's AI-powered contract management solution. The organization, with a network of 43 nursing homes and eight hospice offices, faced challenges in managing their contractual obligations efficiently. With Evisort, they successfully digitized over 33 years' worth of legacy contracts within a remarkably short period of 10 days. This rapid transition from manual processes and physical contracts to a centralized digital repository enabled the legal team to streamline their operations and ensure compliance.
Enhancing Contract Intelligence and Vendor Management
By leveraging Evisort's AI capabilities, Care Initiatives achieved unparalleled efficiency in contract and vendor management. The software empowered the legal team to centralize contracts, providing a comprehensive view of the organization's obligations and rights. With automated workflows and standardized processes, the team could quickly produce and manage contracts across multiple locations, significantly improving operational efficiency and compliance. Additionally, the AI-powered tools simplified the identification of critical areas for review, enabling Care Initiatives to proactively address compliance issues and prepare for audits in advance.
Accelerating Approval Workflows and Optimizing Operations
Evisort's AI not only streamlined contract management but also accelerated approval workflows, particularly in the hospice division of Care Initiatives. Standardized workflows in Evisort enabled efficient contract handling, reducing the time taken to finalize agreements with external facilities from months to just a few hours. The ability to quickly search for specific terms and clauses within contracts facilitated better decision-making and vendor selection, ultimately optimizing patient care delivery. By centralizing contract information and empowering the legal team with AI-native intelligence, Care Initiatives significantly improved operational effectiveness and compliance.