Once a startup sells a software solution to a provider or health system, its work has just begun – now they must navigate surrounding regulation. At a minimum, in order to proceed with a pilot, entrepreneurs have to write and execute a software as a service, or SaaS, contract. The contract should include a plan on how the software will be installed and the solution implemented, which parties will be involved in the implementation, and what mitigation procedures will be available in case of a potential failure.
At this complimentary legal clinic, Polsinelli Shareholder Daniel Farris gave an overview of the basic structure of a SaaS contract, discussed over standard terms and how to prepare for the negotiation, and moderated a subsequent open dialogue. For more information about this presentation or the MATTER startup incubator, please click here