BDA Announces Release of
"Assessments & Provision Reviews"
in the Healthy Contracts CLM for Healthcare
November 2020 - Exeter, NH – Business Data Applications, Inc. announced today the release of their newest feature “Assessments and Provision Reviews” available in the Healthy Contracts CLM for Healthcare. This powerful feature provides users with the controls needed in order to send out event based or scheduled customized assessments of any kind to stakeholders in their organization. In addition users can also assign specific provisions/clauses in their agreements to reviewers for review, risk scoring and potential remediation.
Healthy Contracts Assessments can be used to deploy any number of assessments simultaneously to multiple assessors and reviewers, record their responses and recommendations, provide status tracking and reporting and store everything in the contract record and vendor profile for remediation or historic purposes. Provisions can be assigned to respective subject matter experts for review and recommendation before or after assessments are completed for risk scoring, gap identification and remediation.
“With this new feature and rich reporting in the Healthy Contracts CLM we can now provide meaningful surveys and questionnaires that our clients desire.” commented Todd Adams, President of Business Data Applications Inc., “We are excited to provide this powerful tool as an additional feature in order to enable our healthcare community with achieving maximum visibility and functionality.”