History

Craneware is the leader in automated value cycle solutions that help US provider organisations discover, convert and optimise assets to achieve best clinical outcomes and financial performance.

Founded in May 1999 by CEO Keith Neilson and co-founder Gordon Craig, Craneware launched its first product in October 1999 after signing its first customer contract the previous month. By the end of 2000 more than 20 customers were signed, establishing the strong growth pattern that continues today. In September 2007, Craneware listed on the AIM market of the London Stock Exchange.

Today, Craneware is headquartered in Edinburgh, Scotland, with U.S. offices in Atlanta, Pittsburgh and Needham, MA. Employing over 250 staff, Craneware serves more than one-quarter of all registered U.S. hospitals and is respected as a healthcare business partner known to deliver value, quality, and outstanding customer service as evidenced by KLAS results.

1999

Craneware introduces the industry’s first effective chargemaster management solution for U.S. healthcare

2000

First U.S. office opens in Orlando

2003

Chargemaster Toolkit® is first product to receive HFMA Peer Review designation

2004

CEO Keith Neilson recognized with the Award of Excellence in Business Strategy at the World Young Business Achiever Awards Final
Bill Analyzer introduced

2005

CDM-management solution especially for critical access hospitals (25-bed) introduced
Craneware allies with Amerinet

2006

Physician Revenue Toolkit®and Physician Management Toolkit introduced

2007

Craneware listed on the AIM market of the London Stock Exchange
Initial public offering (IPO) receives IPO of the Year award
Patient Charge Estimator® introduced
100th employee hired
Chargemaster Toolkit® named category leader in KLAS Revenue Cycle—Chargemaster Management category for third straight year

2008

Craneware allies with Premier Purchasing Partners
1,000th client signed
CEO Keith Neilson recognized by Ernst & Young as the U.K. Software & Technology Entrepreneur of the Year
Pharmacy ChargeLink® introduced

2010

Supplies ChargeLink® introduced

2011

Craneware acquires ClaimTrust and adds four products
Chargemaster Toolkit® named by KLAS as #1 in the Revenue Cycle – Chargemaster Management market category for sixth year in a row
Bill Analyzer named by KLAS as #1 in the Revenue Cycle – Other market category
Craneware receives Queen’s Awards for Enterprise in the International Trade category
One quarter of registered U.S. hospitals use Craneware Revenue Integrity Solutions®
200th employee is hired

2012

Craneware announces its participation in the CMS electronic submission of medical documentation (edMD) Gateway Services pilot program
In August 2012, Craneware receives certification from CMS as a Healthcare Information Handler (HIH), joining a list of fewer than 20 to have achieved this status
Craneware receives Amerinet Supplier Performance Award
Online Reference Toolkit® 3.0 released
InSight Audit® achieves Platinum Certification Status from Executive Health Resources
Chargemaster Toolkit® named by KLAS as #1 in the Revenue Cycle – Chargemaster Management market category for seventh year in a row
Bill Analyzer named by KLAS as #1 in the Revenue Cycle – Other market category for the second year in a row

2013

Chargemaster Toolkit® named by KLAS as #1 in the Revenue Cycle – Chargemaster Management market category for eighth year in a row
Bill Analyzer named by KLAS as #1 in its category for the third year in a row

2014

Craneware products earn HFMA Peer Review designation for the tenth consecutive year
Craneware’s first Revenue Integrity Summit features former US Surgeon General and leaders from key U.S. healthcare organzations
ReferencePlus™ introduced

2015

Supplies Assistant introduced
Value Cycle introduced at HFMA ANI
Craneware’s second Financial Performance Summit features Academy Award nominee Mariel Hemingway
Chargemaster Toolkit® is ranked No.1 in the Revenue Cycle – Chargemaster Management market category for the tenth year in a row

2016

Announces an exclusive partnership with automated payment technologies and services company VestaCare

2017

Chargemaster Toolkit® named by KLAS as #1 in the Chargemaster Management category for the eleventh year in a row
Craneware’s Chargemaster Toolkit® earn HFMA Peer Review designation for the twelfth consecutive year
Formation of a new Group company, Craneware Healthcare Intelligence, to develop and market Cost Analytics and Resource Efficiency (CARE) software to the US healthcare industry
Launch of the Trisus Enterprise Value platform. This cloud-based platform enables a suite of solutions for healthcare providers to identify and take action on risks related to revenue, cost, and compliance.
Launch of Trisus Claims Informatics, for automated claims review

2018

Chargemaster Toolkit® named by KLAS as #1 in the Chargemaster Management category for the twelfth consecutive year