Use this button to switch between dark and light mode.

Contract Review and Approval Policy (Hospitals and Health Systems)

March 26, 2024 (2 min read)

Adopt this template policy and procedure document to establish standardized procedures for the review, evaluation, and approval of all contracts entered by your healthcare organization clients. Ensure that all contracts executed by your clients align with their missions, values, goals, and legal obligations. Use this policy and its directives when advising your clients to maintain the integrity, efficiency, and reputation of your healthcare organization clients in their contractual relationships with vendors, the community, and other parties.

Read now »

Related Content

  • Contract Research Organization Agreements
    Instruct your healthcare organization clients on best practices for negotiating and drafting agreements between drug or medical device companies (sponsors) and contract research organizations (CROs) to design, monitor, and audit clinical trials. Consult this practice note from LexisNexis Practical Guidance – Healthcare to learn how a well-written CRO agreement sets the ground rules for a mutually beneficial sponsor-CRO relationship.
  • Office of Inspector General (OIG) Exclusion Program
    Review authorities granting the federal government the ability to exclude individuals and entities from participation in Medicare, Medicaid, and other federally funded healthcare programs. Understand how federal law authorizes the U.S. Department of Health and Human Services OIG to exclude individuals and entities for providing items or services—or submitting claims for items or services—through fraud or in violation of other practice standards or laws. Avoid civil monetary penalties by ensuring compliance with these federal requirements.
  • Sunshine Act Compliance Checklist
    Advise healthcare and life sciences clients on maintaining compliance with the federal Physician Payments Sunshine Act, which requires manufacturers and group purchasing organizations of drugs, devices, biologics, and medical supplies to report payments or other certain types of transfers of value to covered recipients, including healthcare providers and facilities.

Practical Guidance Updates
Featuring the latest updates from your Practical Guidance account.   

  • Explore the Practical Guidance Journal Spring 2024 Edition, featuring guidance on protecting attorney-client privilege and work product in a generative AI world, using AI to manage the attorney client relationship, an overview of privacy regulations in the United States, and a primer on the new Corporate Transparency Act requirements.
  • Generative Artificial Intelligence (AI) Resource Kit is a frequently updated collection of current Practical Guidance materials on generative AI, ChatGPT, and similar tools.
  • Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
  • Listen Up! The Practical Guidance and Law360 Podcasts Resource Kit features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
  • Learn about the 2000+ leading attorney authors contributing to our 26 practice areas in the Practical Guidance Author Center. Interested in becoming a Practical Guidance author? Click here for details. Practical Guidance is committed to amplifying diverse voices of attorneys across all differences, including gender and race.
  • Document alerts allow you to stay current on legal developments that affect your practice. Find out how to set up your document alerts.


Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+