Aavenir makes strategic investments into pre-configured industry solutions, starting with Aavenir Providerflow for Healthcare and Life Sciences. The solution, built on the ServiceNow platform, differentiated by AI innovation, flexible digital workflows, and intuitive provider portals, will enable payers, providers, and other industry entities to optimize their provider networks and effectively manage provider onboarding, contracting, and performance.
DALLAS--(BUSINESS WIRE)--Aavenir, a global Source-to-Pay solutions provider, announces purpose-built industry vertical solutions with Aavenir Providerflow for Healthcare and Life Sciences enterprises, that automates provider onboarding, contract management, and performance management with AI-powered workflows.
Aavenir Providerflow brings a first-of-its-kind transformative solution for Healthcare and Life Sciences, enabling all teams across the enterprise that interact with providers. Provider services, network management, legal, and quality management teams benefit from accelerated process execution, and reduced regulatory and performance risk exposure, while claims verification teams benefit from provider and fee information accuracy.
Key Features of Aavenir Providerflow
- Flexible digital workflows and intuitive provider portals that simplify provider engagement across onboarding, performance adherence and other collaboration needs.
- Automated verification of credentials, licenses, and provider information such as NPI and addresses that speed up onboarding.
- FMV validation checks, sanctions and exclusion list monitoring and provider performance management and reporting to ensure compliance with ACA, HIPAA, Sunshine Act, Stark Laws, and other regulations.
- Full-cycle provider contract management that includes zero-touch contract generation for BAA’s and NDA’s, AI-driven contract extraction and insights, and authoring, negotiation, approval, termination, and renewal workflows to standardize the contract process and drive efficiency.
- Bulk onboarding and provider information requests, mass contracts and amendments, and mass workflow actions that are must-have agility enablers needed by the Healthcare and Life Sciences industries today.
- Extensive integration flexibility that delivers accuracy and business process alignment with FMV databases, CAQH, practice management, reimbursement, and claims systems.
“We are thrilled to expand our strategic offerings and address the growing demand for innovative industry solutions. Aavenir Providerflow elevates provider lifecycle operational efficiency and lowers performance and regulatory risk, thereby enabling our customers in the Healthcare and Life Sciences industries to focus on what matters most – delivering healthcare affordability and quality of care,” says, Jesal Mehta, Founder and CEO of Aavenir.
“With mature AI-enabled Source-To-Pay offerings that offer immense flexibility across use-cases and a growing customer base across all industries, it made sense to package our strengths, deep domain expertise, and best practice learnings into market-leading industry-differentiated solutions for our customers. Aavenir Providerflow is the first step towards bringing such industry-differentiated sourcing and contract management solutions to market,” added Sunil Masand, SVP, Product at Aavenir.
Book a demo today to explore how Aavenir offers flexibility and agility in managing complexities across all your healthcare and life sciences procurement arrangements and how you can execute contracts 60 percent faster with AI-assisted authoring and workflow automation.
About Aavenir
Aavenir helps enterprises maximize efficiency and boost ROI with AI/ML-powered Source-to-Pay applications on ServiceNow that include Sourcing Management, Vendor Onboarding, Contract Lifecycle Management, Contract Compliance Management, and Accounts Payable Automation. For more information, visit: aavenir.com
Contacts
Media Contact
Marketing & Communications Team, Aavenir
Phone: +1-408-554-2656
Email: [email protected]
Originally Published on: BusinessWire
