Information Services Group (ISG) announced the launch of a standardized contract framework for revenue cycle management (RCM) for U.S. healthcare organizations. ISG said the framework, which includes reusable templates, clause libraries, KPI and SLA catalogs, real-time market benchmarks and a staged process covering strategy, transition and governance, can help cut operating costs by nearly 50 percent and drive millions of dollars in increased net patient revenue. ISG cited recent client engagements in which the framework saved a children’s healthcare system $15 million over a five-year IT services contract and delivered a Midwest hospital network 50 percent savings and $45 million in annual revenue uplift.

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