CHATTANOOGA, Tenn.--(BUSINESS WIRE)--

Ntracts, a premier healthcare contract lifecycle management (CLM) and governance, risk and compliance (GRC) solution provider today announced the acquisition of MCN Solutions, a long-standing leader in healthcare policy management, policy templates, regulatory alerts and continuing education content. This marks Ntracts’ second acquisition since receiving majority backing in 2023 from Accel-KKR, a global software-focused investment firm.

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The acquisition brings together Ntracts’ unmatched expertise in healthcare contracting and compliance with MCN’s powerful policy management, document workflow and regulatory alert monitoring—creating a single, unified solution where healthcare organizations can manage it all, from contracts to compliance, in one place.

“Integrating MCN’s expansive policy and eLearning capabilities with Ntracts’ full suite of CLM and compliance solutions is a natural step in providing healthcare organizations more visibility and the control that they need to do what they do best,” said David Paschall, CEO of Ntracts.

The combined organization will provide healthcare organizations, payers and providers with a unified, expert-backed, healthcare-specific solution to manage the full spectrum of contracting best practices, policy management and compliance requirements. This expanded capability continues to help organizations reduce risk and remain agile amid constant regulatory change.

Paschall continued, “Our clients face mounting regulatory pressure and operational complexity; this acquisition ensures they have a single, trusted source for creating and managing the contracts, policies and training tools that keep their organizations safe, compliant and future-ready.”

MCN Solutions brings to Ntracts a robust suite of technology and educational content that streamlines the creation, approval, distribution and tracking of policies and procedures. It also offers one of the industry’s most comprehensive policy libraries of pre-vetted templates, along with StayAlert! which provides real-time updates about regulatory changes. Its learning management system (LMS) further ensures that staff understand and adhere to both organizational guidelines and legal requirements while providing access to continuing education (CE) content as well.

“For decades, MCN has been dedicated to helping healthcare organizations stay ahead of regulatory change and keeping their teams aligned through clear, accessible policies and training,” said Joyce Paich, Chief Operating Officer of MCN Solutions. “Joining Ntracts means our policy management solutions and educational content will now be part of a larger, integrated platform that also addresses the contracting and governance processes shaping healthcare today.”

Founded in 1987 by healthcare professionals, MCN Solutions has served thousands of healthcare organizations nationwide with policy, compliance and training solutions. Ntracts, with its industry-leading CLM solutions designed specifically for healthcare, continues to help clients strengthen governance, manage risk and operate with confidence in an evolving regulatory landscape.

Madison Park Group served as the exclusive financial advisor to MCN Solutions on the transaction. Terms of the transactions were not disclosed.

About Ntracts

Backed by 85+ years of combined healthcare expertise, Ntracts is the only healthcare-focused contract lifecycle management solution trusted by leading health systems, payers and providers nationwide. Their revolutionary full-suite healthcare CLM solutions are transforming the way teams work together, from provider to patient and everywhere in between. Learn more at www.ntracts.com.

About MCN Solutions

MCN Solutions is a recognized leader in policy management, regulatory alerts, and compliance training. With an extensive library of policy templates and a proven digital workflow platform, MCN helps organizations streamline compliance processes, maintain readiness for audits, and keep pace with evolving regulations.

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Source: Ntracts