Annual Contract Assessment Scorecard

How mature is your contract management process? Rate your organization on 16 questions across four areas and get an instant maturity level with a clear priority action.

0 = No process exists · 1 = Process exists inconsistently · 2 = Process is documented and consistently followed · 3 = Process is automated and proactively managed

0 of 16 answered

Contract Visibility

1.Do you maintain a centralized inventory of all active payer contracts?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

2.Can leadership quickly locate key contract terms without reviewing the entire agreement?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

3.Are contract amendments tracked alongside the original agreement?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

4.Is there a designated owner responsible for maintaining contract information?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

Renewal & Term Management

5.Are renewal dates documented and monitored?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

6.Are termination notice requirements tracked for every contract?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

7.Does your organization have a way to set reminders before notice windows open?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

8.Are contracts formally reviewed before renewal deadlines?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

Financial & Reimbursement Oversight

9.Are reimbursement methodologies documented in a summary format?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

10.Are special payment provisions (implants, carve-outs, fee schedules) easily accessible?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

11.Do revenue cycle teams regularly validate payments against contract terms?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

12.Can reimbursement differences be identified without opening the full contract?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

Governance & Strategic Planning

13.Is an annual contract review process formally scheduled?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

14.Does your organization use contract information during strategic planning or budgeting?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

15.Can contract knowledge be retained if a key employee leaves?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

16.Do executives have access to contract terms in a quick simple format?

0 No process exists 1 Process exists inconsistently 2 Process is documented and consistently followed 3 Process is automated and proactively managed

Answer at least one question to see your assessment.

Pick the statement that best matches your organization today. Leave a question blank to skip it.

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