Contract Manager

With a proactive approach to managing payer contracts, you can be certain your payments are accurate

Unlock your revenue potential

Accurately determining reimbursements from various payers is critically important for revenue management teams. FinThrive’s proactive approach and integration of cutting-edge intelligence enables you to confidently verify payment accuracy, strengthen contract negotiations and eliminate the need for labor-intensive manual work.

FinThrive’s comprehensive platform empowers you to precisely calculate reimbursements for intricate commercial and government contracts, encompassing both insured and uninsured patients. This modern contract management solution optimizes workflows, increasing overall efficiency and enabling your staff to concentrate on higher-value assignments.

Rely on Contract Manager to both optimize revenue potential and lighten the load on your staff — granting them valuable capacity to make more strategic contributions to your organization.

Drive Contract Excellence

50%

of payment discrepancies eliminated by addressing underpayments

$725k

of satisfied patients would switch providers for better convenience alone

2-3%

of delayed or lost revenue due to contractual underpayments

Use Contract Manager to:

Forecast revenue, negotiate favorable contracts and manage payer relationships accurately

Reduce contract loading time and labor costs with dedicated experts to maintain contracts for the partnership's duration

Calculate net A/R accurately at claim submission and easily resubmit underpaid claims with online tools and letter templates

Optimize contract negotiations and payer management for maximum profitability

Eliminate the burden of loading and maintaining complex service types and fee schedules

Calculate the total revenue contractually owed from all payer sources, including government contracts, commercial contracts and patients—all in one solution

98%+ contract pricing accuracy

Across all payers, including complex government contracts

One thing I like about FinThrive Contract Manager is the speed. Getting reports out of the solution is pretty fast, and the solution runs very fast compared to other tools. Navigating the solution is very easy. When we have to go to FinThrive for something more extensive, they are customer friendly in terms of getting us what we need.

Vice President

February 2024

The product is great, and so is the team that supports it. FinThrive Contract Manager is a highly accurate, user-friendly product. The capabilities of that system are some of the best I have ever seen out of a modeling system.

Vice President

February 2024

FinThrive Contract Manager is an easy product to use, and we don’t have to have a PhD to build on it. It is also a huge plus that the contracts are stored in the solution so that we can click a button and see the contract that was used to adjudicate a claim.

Vice President

February 2024

Magnify your returns with Contract Manager’s value-added modules

Contract Modeling accurately models contracts to forecast revenue so you can negotiate favorable contracts and manage payer relationships. This web-based technology solution empowers providers to warehouse and analyze data to accurately model various contract scenarios and forecast revenue.

Contract Analyzer provides immediate insight into all contract and payer performance with customizable reports and analytics. Uncover deep insights about expected reimbursement, contract performance, productivity and yield. Our multi-level Contract Analyzer module enhances Contract Manager with a variety of user-friendly customizable reports and dashboards.

Reserve Management accurately calculates accruals on all accounts for month-end processing. This web-based, total accrual application automates the accurate recognition of reserves at month’s end and identifies excess and lost revenue by reconciling a facility’s aged trial balance (ATB) with Contract Manager.

Price Transparency Machine Readable File ensures complete compliance with CMS Price Transparency regulations by creating a compliant downloadable file containing all required rates, including gross charge, discounted cash price, payor negotiated rates, minimum negotiated charge and maximum negotiated charge.