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Selectica to Host Webinar on How Contract Management Can Facilitate Compliance With New Stark Laws
| Source: Selectica
SAN JOSE, CA--(Marketwire - March 25, 2008) - Selectica,
Inc. (NASDAQ : SLTC ), a leading provider of enterprise contract
lifecycle management (CLM) solutions, today announced that they will be
sponsoring a Webinar addressing how contract management can facilitate
compliance with new Stark Laws that govern the way healthcare companies
manage physician agreements. The Webinar, entitled "The Stark Truth about
Physician Agreements," will take place on March 27, 2008 at 10am PDT.
Presenters include Marc Holland, Program Director, Health Provider Research
at Health Industry Insights, an IDC Company, and Dawn Tolotti, Director,
Physician Services & Development at Providence Health, a not-for-profit
health system servicing California, Oregon, Washington, Montana, and
Alaska.
Stark Laws have changed the way healthcare providers need to manage
physician agreements and payouts to physicians. Failure to comply with
these laws can carry severe penalties, including exclusion from
Medicare/Medicaid programs and stiff fines. Yet many providers have not yet
implemented the systems they need to effectively meet regulatory
requirements -- and prove they have done so in the event of an audit by the
Office of the Inspector General (OIG). Presentations in this Webinar will
help healthcare companies map a course to Stark compliance, and control
risks they would otherwise incur.
The Webinar will begin with a presentation by Holland that reviews the
overall status of technology and healthcare from a regulatory perspective,
and specifically, the potential impacts of the newly released Stark III
regulations. Tolotti, a member of Selectica's Healthcare Special Interest
Group, will then discuss how Providence Health is using their contract
lifecycle management solution to streamline management of physician
agreements and to comply with Stark laws.
"Physician agreements are very complex, and represent just one of many
contract types that drive business and patient care at healthcare
providers," said Doug Bell, Selectica's Vice President of Marketing,
Contract Management Solutions. "A significant portion of our customers are
healthcare providers who rely on the Selectica contract lifecycle
management solution to cost-effectively manage these agreements and ensure
compliance with all pertinent regulatory requirements. We look forward to
expanding this number significantly."
Following the Webinar,
participants will be presented with an accompanying white paper and link to
the Webinar replay. To register, click here.
About Selectica, Inc.
Selectica, Inc. (NASDAQ : SLTC )
provides enterprise-class software solutions for sales configuration and
contract lifecycle management. Selectica's contract management software
solutions enable companies to manage critical business functions including
contract administration, sourcing, procurement, governance, sales, revenue
recognition, healthcare, and provide enterprise-wide visibility to key
stakeholders such as General Counsel and executive management. Selectica's
Sales Configuration Solutions simplify and automate the configuration,
pricing, and quoting of complex products and services. For over 10 years,
Selectica has helped its customers generate substantial savings. Selectica customers represent leaders in manufacturing,
technology, finance, retail, real estate, insurance, healthcare,
semiconductor and telecommunications, including: ABB, ADP, Accenture, Bell
Canada, Cisco, Covad Communications, Fujitsu, General Electric, Fireman's
Fund Insurance Company, Host Hotels, IBM, Juniper Networks, Reliance
Industries, Rockwell Automation, Tellabs, and Walt Disney. Selectica is
headquartered in San Jose, CA. For more information, visit the company's
Web site at www.selectica.com.