DocuSign’s Digital Transaction
Management platform is already used at more than 100 hospitals in the United
States, along with 12 of the top 15 largest pharmaceutical companies. Firms like
these that work within the health care industry need products like DocuSign to
provide them with an effective, easy-to-use product capable of protecting
sensitive information such as patient health data, financial figures, and
From pharmaceutical and
medical device manufacturers to physicians, anyone working to improve public
health can benefit from the services that DocuSign has to offer. Here are five
types of firms in the health care sector that can benefit from the use of
DocuSign’s Digital Transaction Management platform.
1. Pharmaceutical companies
Patients and medical
professionals rely on pharmaceutical companies to conduct research and develop
new drugs to battle some of the world’s most serious illnesses. The quicker
these companies are in performing their work, then the faster the medical
community can be in saving lives.
Performing clinical trials
is a key phase of bringing innovative, life-saving drugs to the market. However,
almost half of trials fail because companies cannot reach established
enrollment targets. By digitizing the recruitment and registration process with
DocuSign, companies can attract a larger number of trial participants and
increase registry accrual rates through a simplified and patient-friendly
technology can help industry professionals to streamline their internal
processes in order to cut down on the time it takes for pharmaceuticals to
progress from research to production. Some pharmaceutical firms that have
incorporated DocuSign into their daily operations have seen cycle times reduced
by as much as three weeks.
2. Hospitals and private practices
Health care professionals
never seem to have enough time, and yet they frequently find themselves faced
with hours of administrative work each week that may be better spent at a patient’s
bedside. The average physician spends about 16 percent of his time completing
administrative paperwork each week. The figure does not account for those hours
spent working on a patient’s charts and notes.
The ability to access,
sign, and group together patient documents on any device through DocuSign can help
doctors to provide more comprehensive care. The Digital Transaction Management
technology offered by DocuSign can also speed up physician billing processes, enable
health care providers to comply with HIPAA standards, and assist in the swift
onboarding of credentialed staff members.
In addition, DocuSign
makes the process of onboarding patients more efficient. By providing patients
with a way to digitally complete and sign health histories and consent forms,
the administrative workload is reduced. Documents do not need to be scanned
into a computer to be stored, and the DocuSign platform helps to prevent the
possibility of incomplete forms by requiring that all fields be filled out
prior to submission.
3. Medical device manufacturers
companies, medical device manufacturers aim to produce quality products that
meet the health needs of many people as quickly as possible. Medical device manufacturing firms can use
DocuSign to streamline procurement processes and supply chains, creating a more
efficient workflow and quicker production times.
DocuSign technology can
also help companies to automate their processes in order to meet compliance
standards, cut costs for document shipping, reduce keying errors that cost many
procurement departments valuable time, and improve turnaround times for
contracts and agreements that require signatures. Once products are ready for
sale, DocuSign can make it easier for companies to deliver and complete sales
agreements to customers on any device, including mobile platforms.
DocuSign technology is
available in more than 40 languages, allowing medical device manufacturers to easily
work with international partners. Additionally, DocuSign’s software adheres to
the highest compliance standards in order to accommodate regulations such as 21
CFR Part 11.
4. Health Insurance Providers
The health insurance
industry relies heavily on paperwork to document client needs and put contracts
in place. However, the future of health care and its affiliated industries is
digital. Establishing a health plan can be a frustrating and drawn-out process
for clients, but DocuSign’s versatile platform makes it easy to review and sign
documents within minutes, even from a mobile device or tablet.
In addition, transactions
completed using DocuSign benefit from being filed and signed correctly the
first time. DocuSign prevents documents from being submitted without all the
necessary information filled out. This prevents unnecessary back-and-forth
between the insurance company and the client.
Dealing with clients’
sensitive personal health data requires all companies involved in transactions
to abide by strict regulations, including standards set by HIPAA. DocuSign’s
stringent methods of authentication for encrypting and verifying signatures
allows for complete compliance with existing security laws.
5. Medical Staffing Firms
Hospitals are always in
need of quality physicians and nurses, but staffing firms may inadvertently
delay the onboarding process by slowly completing paperwork. No medical
professional can legally practice without credentials in place, and the process
of signing and filling out paper forms can take more time than it should when
modern alternatives are available.
DocuSign allows the
credentialing and onboarding processes to run smoothly, enabling qualified health
care professionals to interact more with patients.