Lifecycle Newsletter: Contract Management & CLM Email

When drafting contracts, duration is a critical consideration. Some agreements are written for a fixed period—1 year, 3 years, or 5 years. Others include options to renew. But what happens when a contract is drafted with a perpetual term, designed to last indefinitely?

This article explores the differences between short-term consulting services and ongoing contract operations support. It will help legal, procurement, and operations teams make an informed decision based on their contract volume, internal capacity, and long-term goals.

With limited resources and mounting workloads, teams are under pressure to do more without expanding headcount. Many are turning to contract management outsourcing as a solution. By delegating operational tasks to external experts, legal and business teams can reduce internal strain, ensure compliance, and move contracts through the pipeline more efficiently.

Managing contracts in healthcare is a lot more than just keeping paperwork in order. It means protecting patient data, complying with strict regulations, and ensuring providers and suppliers meet their obligations, every single time. With the sheer volume and complexity of healthcare agreements, from vendor contracts to payer-provider arrangements, relying on outdated manual processes is no longer an option.

The best healthcare contract management software tracks critical terms, keeps teams aligned, and automates the workflows healthcare organizations need to stay compliant and avoid financial risk. In this article, we’ll break down the key features that separate the best healthcare contract management software from the rest so your organization can make smarter, faster decisions with every contract.