Contract Insights

This recent executive order stresses the importance of artificial intelligence (AI) education for American youth. Understanding and leveraging AI properly is critical to preparing the next generation for the AI-driven economy and workforce. CobbleStone Software's VISDOM^® AI, contract artificial intelligence powered by machine learning, offers a unique and practical application of AI. CobbleStone Software's VISDOM+ generative AI presents exciting possibilities for shaping how future professionals interact with and utilize generative AI.

The April 2025 Presidential Executive Order, “Lowering Drug Prices by Once Again Putting Americans First,” brings forth a restructuring of the regulatory landscape for pharmaceutical and healthcare entities. These organizations are urgently analyzing current contracts and generating new agreements to comply with impending federal reforms aimed at reducing medication costs. In the heat of this scramble, powerful pharma contract management and healthcare agreement software solutions have gone from optional resources to essential assets for legal and procurement teams.

To that end, let's examine how integrated pharma contract management, healthcare agreement, and hospital procurement software solutions can help organizations easily navigate new drug pricing reforms.

The recent April 2025 executive order, "Restoring Common Sense to Federal Procurement," is part of a significant push toward more efficient and straightforward government acquisitions. While the order details broad principles for such improvement, its successful implementation hinges on attention to detail, specifically concerning the Federal Acquisition Regulation (FAR). In this rapidly evolving procurement landscape, CobbleStone Software emerges as a helpful partner, offering advanced oversight and control of these essential clauses.

Understanding liability and risk transfer is paramount for any organization managing contracts. A critical instrument that facilitates this mutual understanding is the hold harmless agreement. Encountering a hold harmless clause or document is incredibly common in both the public and private sectors. As such, this blog post aims to demystify the concept of held harmless agreements.