Transform Healthcare Contract Management with AI

Extract insights, get instant answers, and ensure compliance across your provider and payer contracts with our AI-powered platform.

Step 1: Upload Healthcare Contracts
Analyze hundreds of contracts
Step 2: Process & Extract Key Information
Contract TermHospital AHospital BHospital C
Reimbursement Rate110% Medicare125% Medicare115% Medicare
Contract Duration24 months36 months12 months
Auto-RenewalYesNoYes
Termination Notice90 days60 days120 days
Quality MetricsHEDIS, CAHPSHEDIS onlyHEDIS, CAHPS, HCAHPS
Value-Based Care10% at risk5% at risk15% at risk
Automatically extracted healthcare contract terms for comparison
Step 3: Query - Natural Language Questions
Question: What are the reimbursement rates for out-of-network providers in the Smith Health contract?
parsanai Assistant:
In the Smith Health contract, out-of-network providers are reimbursed at 65% of Medicare rates for standard procedures and 70% for emergency services. Special provisions apply for rural providers (Section 4.3). This rate was updated in the latest amendment dated March 2024.
Response time: 0.8s

AI Agent Powered Workflow

Our technology leverages advanced AI agents that work 24/7 to manage, analyze, and optimize your contract ecosystem.

1

Upload

Securely upload your provider and payer contracts to our platform.

2

Process

Purpose-built AI agents analyze and extract key terms, rates, and compliance requirements.

3

Query

Ask questions about reimbursement rates, termination clauses, or quality metrics in natural language.

4

Optimize

Receive insights on contract terms optimization and compliance risks.

The Healthcare Contract Management Challenge

Healthcare organizations manage hundreds of complex payer and provider contracts but rely on legacy systems that treat these critical agreements as mere digital paperwork.

Manual Searches

Provider operations and revenue cycle teams waste hours manually searching through payer contracts for reimbursement terms and special provisions.

Delayed Decisions

Critical contract renegotiation and network expansion decisions are delayed while waiting for contract analysis from legal teams.

Policy Compliance Risks

Missing critical terms increases policy compliance issues and business risks.

Our AI-Powered Solution

parsanai transforms how you manage healthcare contracts with advanced language models and AI agents that work for you.

Intelligent Contract Ingestion

Our platform ingests your entire contract library and uses AI to extract and organize critical terms across all contracts.

Natural Language Queries

Ask any question about your contracts in plain English and get instant answers without manual intervention.

Actionable Insights

Receive proactive insights and recommendations through an intuitive interface that highlights opportunities and risks.

Compliance Assurance

AI agents continuously monitor contracts to ensure they meet policy requirements and flag potential issues.

Traditional vs. parsanai

See how parsanai transforms contract management compared to traditional methods.

Category
Traditional Approach
parsanai
Contract Search
Manual keyword search through individual documents
Instant natural language search across all contracts
Term Extraction
Manual review and extraction, prone to human error
Automated extraction with AI accuracy and verification
Response Time
Hours to days for complex questions
Seconds for even the most complex queries
Scalability
Performance degrades with more contracts
Maintains performance regardless of library size
Cost Efficiency
High costs for manual review and management
Significant cost reduction through automation

Ready to transform your contract management?

Schedule a personalized demo to see how parsanai can work for your organization.

  • See your contracts analyzed in real-time
  • Experience natural language queries
  • Discover actionable insights
  • Learn about our implementation process
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