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ATLANTA, January 31, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced it has once again achieved the “Peer Reviewed by HFMA” designation for its Chargemaster Toolkit product.

The program’s initial survey consists of a rigorous 11-step, high-level screening process by a peer review panel consisting of current customers, prospects who have not made a purchase, and expert HFMA Peer Review members. Participants provided comments on a variety of criteria, including willingness to recommend to colleagues; enhanced productivity; smoothness of implementation; data accuracy; ease of installation; quality of sales staff; ease of use; value; and quality of technical support.

As healthcare providers evolve beyond traditional revenue cycle management to value-based economics, more than 1,500 U.S. hospitals and health systems rely on Chargemaster Toolkit to:

  • optimize reimbursement by identifying chargemaster incompleteness and inaccuracy;
  • increase operational efficiency by automating chargemaster management;
  • manage workflow based on the organization’s change-validation control processes; and
  • track interdepartmental routing, approvals, and communication to provide an accurate audit trail.

“Since Craneware introduced the industry’s first effective chargemaster management solution for U.S. healthcare in 1999, our commitment to the U.S healthcare financial industry has never wavered,” said CMO Mark Montgomery for Craneware. “Recognitions like this from such a well-respected organization as HFMA further demonstrates that Chargemaster Toolkit is the leading solution for organizations who are looking to prevent earned revenue loss.”

Craneware customers recently commented on their partnership with the company:

“We’re actually pitching Craneware to the larger health system that we just joined with because it is … It’s so easy to use.”

Heather Ryan, Financial Data Coordinator

“I felt like I developed a loyalty fairly quickly and it was based on just really good open, honest people with a lot of integrity that I was dealing with at Craneware.”

Helen Haas, MHA, Manager of Strategic Pricing & CDM

 

About Craneware

Craneware (AIM: CRW.L) is the market leader in software and supporting services that help healthcare providers improve margins so they can invest in quality patient outcomes. The company's flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle - Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes Charge Capture & Strategic Pricing, Patient Engagement, Claims Analytics, Revenue Recovery & and Retention, Cost & Margin Analytics solutions. Learn more at craneware.com.

###

Craneware Media Contact:

b.parrish@craneware.com

404-364-2150

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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Chargemaster Toolkit® Completes Rigorous Review to Once Again Achieve “Peer Reviewed by HFMA®” Designation [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => chargemaster-toolkit-completes-rigorous-review-to-once-again-achieve-peer-reviewed-by-hfma-designation [to_ping] => [pinged] => [post_modified] => 2019-01-31 12:59:27 [post_modified_gmt] => 2019-01-31 12:59:27 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205741 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [1] => WP_Post Object ( [ID] => 205911 [post_author] => 2 [post_date] => 2019-04-10 15:51:05 [post_date_gmt] => 2019-04-10 15:51:05 [post_content] => [et_pb_section bb_built="1" next_background_color="#e6eaee" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

ATLANTA, April 10, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced the addition of a new product to its SaaS-based Trisus platform, (Trisus Pricing Analyzer). This represents an evolution of the company’s Pricing Analyzer product, which for years has helped U.S hospitals and health systems take control of strategic pricing through an automated process that adapts to payor and competitive conditions.

According to Public Agenda research, 56 percent of Americans researched healthcare pricing before getting care. This rise in consumerism has created an environment where hospitals and health systems are under intense scrutiny and pressure to develop transparent and defensible pricing while maintaining already slim margins. Without an automated process in place, these organizations leave themselves susceptible to underachieving financials, compliance risks and a lack of market competitiveness.

Through use of Trisus Pricing Analyzer, healthcare organizations can achieve the following benefits:

  • Maximize net revenue with a strategic pricing policy. Trisus Pricing Analyzer gives healthcare organizations the ability to model complex payor reimbursement rates by providing visibility into Net Patient Revenue through claim based price modeling. Real-time modeling includes regulatory, reimbursement, cost, and market information to help establish pricing that is compliant, defensible, and competitive.
  • Simplify pricing evaluations. Complex reimbursement language modeling can often make pricing transparency time consuming and difficult. Craneware imports the detailed patient claim file allowing our models to reveal the net revenue based on specific payor nuances. Our team of experts builds your contract reimbursement rules into Trisus Pricing Analyzer, removing the need for organizations to spend time and resources managing and maintaining contract rules.
  • Ensure compliance and competitiveness. Understanding pricing, when compared with other hospitals, is essential to price modeling. Trisus Pricing Analyzer provides comparative pricing data, including the market low, high, average, and median charges. Health Price Index and Consumer Price Index data is also included to help account for inflation.

“With reimbursements shrinking and more cost shifting to consumers, the ability to adapt quickly is essential to establish defensible and optimal pricing,” said Brian Workinger, vice president payor and pricing analytics at Craneware. “Industry research reveals that 10 to 25 percent of a hospital or health system’s total business is charge-related, and that even a modest price increase can improve operating margin.”

As the healthcare industry evolves beyond traditional, “old-school” revenue cycle management and towards value-based economics, outcomes are increasingly evaluated on both cost and quality of care. Craneware is uniquely qualified to partner with healthcare providers to plan, execute, and monitor the success of these critical initiatives. Click here to find out how.

 

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.

###

Craneware Media Contact:

b.parrish@craneware.com

404-364-2150

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A complimentary day of
education and networking

 

May 16, 2019

555 W 57th St., New York, NY 10019

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Please join Craneware and your peers for a complimentary day of education and networking hosted at the Acurity offices in New York City. We will kick off the day at 8:30am and conclude no later than 4:30pm with breakfast and lunch provided.

Our agenda is being finalized and will be published soon!

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Fill out the form below to secure your spot at the Craneware Customer Exchange hosted by

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Innovative new SaaS offering is the healthcare industry’s only solution that aligns item master, chargemaster and operating room (OR) data to help improve and sustain revenue integrity

ATLANTA, February 28, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced the general availability of the newest product on its Trisus platform, Trisus Supply.

A recent case study on the operating room supply chain found that foundational data used in preference cards is often inaccurate, charges for supplies are manually maintained and error-prone, and billing is difficult due to vague charge descriptions, missing item numbers and inaccurate pricing.1 To improve these underlying issues in the supply chain, especially with high-dollar OR devices and supplies, healthcare organizations must have a way to bridge the gaps between data silos and improve the accuracy of the master data contained in the item master, chargemaster, and OR files.

Trisus Supply provides the only consolidated cloud-based view of data to help supply chain and revenue integrity leaders understand the impact of these three data silos. With this insight in hand, they can leverage the solution to:

  • Provide visibility into variances between item master, chargemaster, and OR data, a view which other chargemaster solutions cannot provide;
  • maximize supply chain automation by using this data to identify and target operational improvements;
  • ensure cost-to-charge accuracy so issues can be discovered and corrected before billing is completed; and
  • enhance compliance and improve claim accuracy by automatically identifying and recommending the accurate HCPCS code for codeable supply items.

“Our primary objective of being able to keep multiple systems in sync, and the immediate benefit of Trisus Supply is the visibility it offers our decision makers. It not only identifies discrepancies between our materials management system, surgical system and chargemaster, it has created an awareness and understanding of current workflows – allowing for critical improvements to enhance efficiency and accuracy within our processes,” said Kerry Topper, RHIA, manager of revenue integrity for Beebe Healthcare. “That kind of visibility not only supports cross-departmental collaboration but strengthens several Beebe core values of ‘doing it right the first time – every time’ and ‘achieve amazing accomplishments through exceptional teamwork’.”

“The addition of Trisus Supply further demonstrates a commitment to enhancing our innovative Trisus platform and providing the critical data insights needed for healthcare organizations to thrive in a changing healthcare financial industry,” said Chief Technology Officer for Craneware, Marty Smith.

As the healthcare industry evolves beyond traditional, “old-school” revenue cycle management and towards value-based economics, outcomes are increasingly evaluated on both cost and quality of care. Craneware is uniquely qualified to partner with healthcare providers to plan, execute, and monitor the success of these critical initiatives. Click here to find out how.

1 https://rsmus.com/what-we-do/industries/health-care/operating-room-supply-chain-management-a-case-study-webcast-reca.html

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.

###

Craneware Media Contact:

b.parrish@craneware.com

404-364-2150

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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Announces General Availability of Trisus® Supply [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => craneware-announces-general-availability-of-trisus-supply [to_ping] => [pinged] => [post_modified] => 2019-02-28 13:00:45 [post_modified_gmt] => 2019-02-28 13:00:45 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205756 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [4] => WP_Post Object ( [ID] => 205739 [post_author] => 2 [post_date] => 2019-01-30 13:40:57 [post_date_gmt] => 2019-01-30 13:40:57 [post_content] => [et_pb_section bb_built="1" next_background_color="#e6eaee" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

ATLANTA, January 30, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced several new programs to further enhance the partnership experience for its valued customers.

Craneware Academy is an award-winning online education program designed to help customers develop a deeper understanding of how the company’s products and services work while also providing world-class healthcare financial industry training to support ongoing education. Custom-developed courses are available for all user levels, from new employees to advanced users, and certifications can be achieved at identified milestones.

Craneware’s Customer Lifecycle Management program brings together data and the company’s passionate professionals to define and deliver value throughout the customer lifecycle. Consistent usage monitoring and involvement from Craneware staff when necessary is utilized to ensure objective measurement of customer adoption, success and value derived during the partnership.

The Craneware Value Cycle Excellence Awards were created to recognize outstanding customer adopters of Craneware solutions who are driving value cycle excellence, the full lifecycle of optimizing every opportunity to achieve the best outcome for the best cost. These organizations are evolving beyond traditional revenue cycle management to value-based economics – an understanding of the underlying pressures on margin and its correlation to patient outcomes.

“For the past 20 years, we have worked alongside our customers to tackle the financial challenges faced in an evolving healthcare industry,” said Karen Bowden, executive vice president customer management for Craneware. “These new programs provide the education, objective measurement of financial achievements and a future vision that will help our customers continue to deliver exceptional care for their communities.”

To learn more about how you can start your journey to value cycle success with Craneware, please visit this link

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management since 2006 and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.

###

Craneware Media Contact:

b.parrish@craneware.com

404-364-2150

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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Enhances Award-Winning Customer Experience with Innovative New Educational and Performance Improvement Programs [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => craneware-enhances-award-winning-customer-experience-with-innovative-new-educational-and-performance-improvement-programs [to_ping] => [pinged] => [post_modified] => 2019-01-31 12:53:27 [post_modified_gmt] => 2019-01-31 12:53:27 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205739 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [5] => WP_Post Object ( [ID] => 205724 [post_author] => 2 [post_date] => 2019-01-23 14:57:38 [post_date_gmt] => 2019-01-23 14:57:38 [post_content] => [et_pb_section bb_built="1" next_background_color="#e6eaee" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

ATLANTA, January 23, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced it will be demonstrating the value of its Trisus® Healthcare Intelligence (THI) solution and EHR Integration Services during HIMSS19, which takes place February 11-15 in in Orlando, Fla. Craneware will be part of the Georgia, USA booth (#4573).

As the healthcare industry evolves beyond traditional, “old-school” revenue cycle management and towards value-based economics, outcomes are increasingly evaluated on both cost and quality of care. The importance of understanding cost at a patient level across the hospital or health system, department and medical condition is essential to detecting waste and cost saving opportunities – especially when negotiating with payors.

Trisus Healthcare Intelligence is a patient cost and margin analytics decision support solution that integrates revenue, cost, clinical and hospital operational information for each patient encounter. This information is used to shed light on how individual process variations made by physicians produce different profit margins by medical condition. Armed with these insights, hospitals and health systems can drive process improvements that maximize both clinical and financial outcomes.

“In any industry, successful organizations are those that know their processes and determine their true costs and control them,” said Pietro Ferrara, senior vice president healthcare analytics for Craneware Healthcare Intelligence. “THI is a cloud-based solution that introduces innovative and disruptive cost management techniques into healthcare, and we feel this is a truly game-changing approach to activity-based costing for the industry.”

During EHR system implementations, conversions and upgrades, or when bringing new facilities into a healthcare system, revenue cycle teams are increasingly in need of guidance and expertise. One critical area of focus should be on reconciling the clinical system to the chargemaster, which ensures charges flow accurately from the point of order entry to the patient account. Craneware is uniquely qualified to assist in these areas as the company has more than a decade of experience successfully working with healthcare providers in various EHR environments.

Craneware Integration Services leverages a multi-faceted approach to help organizations create a sustainable culture of revenue integrity through the following:

  • Project Management
  • CDM Clean Up Prior to Go-Live
  • CDM Standardization
  • Clinical System to CDM Reconciliation
  • Charge Capture Analysis
  • Charge Testing and Validation
  • Revenue Management

“For customers, our goal is to quickly get their organization not only back to baseline revenue levels, but to go beyond the baseline to achieve and sustain higher revenue with an EHR system,” said Elaine Dunn, DHA, RRT, RPSGT, CPCO, vice president systems integration for Craneware. “A key to achieving this is having Craneware experts onsite to provide what we like to call ‘at-the-elbow’ support.”

About Craneware

Craneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management since 2006 and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.

###
Craneware Media Contact:
b.parrish@craneware.com

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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Showcases Cost and Margin Analytics, EHR Integration Services at HIMSS19 [post_excerpt] => Determining the true cost of patient care and navigating EHR system implementations, conversions and upgrades is the company’s focus at leading HIT Conference [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => craneware-showcases-cost-and-margin-analytics-ehr-integration-services-at-himss19 [to_ping] => [pinged] => [post_modified] => 2019-01-30 13:44:50 [post_modified_gmt] => 2019-01-30 13:44:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205724 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [6] => WP_Post Object ( [ID] => 205647 [post_author] => 2 [post_date] => 2018-11-13 17:30:02 [post_date_gmt] => 2018-11-13 17:30:02 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://public.craneware.com/wp-content/uploads/2018/11/Drug-Pricing-Standardization-for-Hospitals-and-Health-Systems.mp4" image_src="https://public.craneware.com/wp-content/uploads/2018/11/Drug-Pricing-Standardization-for-Hospitals-and-Health-Systems.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

With pharmaceuticals playing an increasingly important role in the revenue cycle, leadership at independent hospitals and health systems are looking for ways to ensure both pharmacy and finance staff are able to work together to achieve standardized, defensible, and transparent pricing for drugs. Join us for an educational presentation on best practices for drug pricing markup policy standardization. Brian will cover both standalone hospitals and multi-hospital health systems, how to accomplish standardization before, during or after a major EHR upgrade or implementation to the formulary system, and how to ensure drug pricing is competitive and defensible while remaining net neutral. This presentation will explore different approaches to corporate drug pricing standardization in health systems, as well as key factors to consider and common problems encountered when managing drug pricing across multiple formularies and hospitals.

  • Understand drug pricing markup strategies and standardization methods
  • Improve drug pricing policy adherence
  • Identify potential areas for simplification, standardization, or automation between your pharmacy and finance teams

Speakers:

  • Vickie McElarney, RN, MBA, FACHE, COC, Consultant
  • Dapo Akanbi, Net Patient Revenue Implementation Manager
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Value Cycle Excellence: Drug Pricing Standardization for Hospitals and Health Systems [post_excerpt] => With pharmaceuticals playing an increasingly important role in... [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => value-cycle-excellence-drug-pricing-standardization-for-hospitals-and-health-systems [to_ping] => [pinged] => [post_modified] => 2018-11-26 20:47:23 [post_modified_gmt] => 2018-11-26 20:47:23 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205647 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [7] => WP_Post Object ( [ID] => 205642 [post_author] => 2 [post_date] => 2018-10-26 16:55:30 [post_date_gmt] => 2018-10-26 16:55:30 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://public.craneware.com/wp-content/uploads/2018/11/2018-10-Chargemaster-and-Price-Transparency.mp4" image_src="https://public.craneware.com/wp-content/uploads/2018/11/chargemaster-and-price-transparency.jpg" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

Based on changes to the IPPS Final Rule, beginning in January 2019, hospitals will be required to publish a list of their standard charges online. This regulatory requirement presents an opportunity for healthcare finance teams to grow their market share and provide patients with accurate payment estimates. Trends indicate patients are “shopping” for providers with the best quality and cost, just as they do with any other commodity. This shift, along with changing reimbursement models and new regulatory requirements, motivates hospitals and health systems to adopt a consumerism-approach to healthcare which will attract and retain patients.

A Craneware customer will share their experience and the success that began with a thorough review of the hospital’s chargemaster. From the review, the customer achieved its strategic goal of creating a market based pricing strategy that keeps them competitive while also maximizing the changing payment methodologies impact rural hospitals.

In this session, presenters will share how they used the chargemaster as the foundation to build a competitive pricing strategy. Attendees will learn how to review and use their chargemaster to create a market-based pricing strategy while significantly improving patient loyalty and maximizing financial performance. The approach raised patient satisfaction, increased patient payment, and improved the hospital’s financial outcomes.

Topics Covered include:

  • Engaging with key stakeholders early on in the chargemaster review initiative, communicating the project as a top-priority and ensuring ongoing participation in chargemaster processes
  • Establishing a market-based pricing strategy using accurate charge data by comparing prices against competitors
  • Implementing a process for pricing assessment, and establishing a timeline for continual reevaluation of charges using a 100% market-competitive chargemaster
  • Identifying a strategic, multidisciplinary team comprised of clinical, non-clinical and IT professionals to champion a cross-department chargemaster review with pricing adjustments
  • Making prices available to patients online to become fully transparent

Objectives:

  • Identify common challenges that healthcare providers face to keep prices competitive and increase revenue
  • Describe the importance of performing a thorough chargemaster review to identify areas of pricing variance
  • Explain why healthcare organizations should spend a year focusing solely on chargemaster maintenance in order to see ROI
  • Discuss how increased patient loyalty can significantly impact a healthcare organization’s bottom line
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Chargemaster & Price Transparency: Building Patient Loyalty while Improving Financial Performance [post_excerpt] => Based on changes to the IPPS Final Rule, beginning in Jan... [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => chargemaster-price-transparency-building-patient-loyalty-while-improving-financial-performance [to_ping] => [pinged] => [post_modified] => 2018-11-26 20:46:50 [post_modified_gmt] => 2018-11-26 20:46:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=205642 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [8] => WP_Post Object ( [ID] => 31290 [post_author] => 2 [post_date] => 2018-07-02 18:58:43 [post_date_gmt] => 2018-07-02 18:58:43 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.2.2"][et_pb_row _builder_version="3.2.2"][et_pb_column type="4_4"][et_pb_video _builder_version="3.2.2" src="https://public.craneware.com/wp-content/uploads/2018/07/2018-06-Chargemaster-Policies-101.mp4" image_src="https://public.craneware.com/wp-content/uploads/2018/07/cdm-policies.png" play_icon_color="#0c71c3" max_width="65%" module_alignment="center" border_width_all="2px" box_shadow_style="preset3" border_color_all="#ecf0f1" /][/et_pb_column][/et_pb_row][et_pb_row _builder_version="3.0.106" use_custom_width="on" custom_width_px="750px" module_class="webinar-body-text"][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

This complimentary webinar will cover best practices for chargemaster management policies and procedures for hospitals and health systems.

Craneware has implemented new chargemaster processes and tools in nearly 1/3 of US hospitals, and often we find teams operating without clear chargemaster policies and procedures. This presentation will provide a step-by-step guide to help your team define your CDM policies and procedures, as well as ways to improve upon existing written policies.

The following topics will be covered:

  • Policies and Procedures – why they are important, critical elements
  • How to create or update your CDM Policies and use a policy approval checklist

An overview of standard CDM policies:

  • CDM Maintenance
  • Charge Reconciliation
  • Room and Bed Charging

Recommended for:

  • Chargemaster Managers and Coordinators
  • Revenue Cycle and Revenue Integrity Leadership
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Chargemaster (CDM) Policies 101 [post_excerpt] => This complimentary webinar will cover best practices for chargemaster management policies and procedures for hospitals and health system... [post_status] => publish [comment_status] => closed [ping_status] => open [post_password] => [post_name] => 340b-opps-changes-and-improving-pharmacy-revenue-integrity-2 [to_ping] => [pinged] => [post_modified] => 2018-11-26 17:48:55 [post_modified_gmt] => 2018-11-26 17:48:55 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=31290 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 9 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 205741 [post_author] => 2 [post_date] => 2019-01-31 12:59:27 [post_date_gmt] => 2019-01-31 12:59:27 [post_content] => [et_pb_section bb_built="1" next_background_color="#e6eaee" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.2.2"]

ATLANTA, January 31, 2019 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced it has once again achieved the “Peer Reviewed by HFMA” designation for its Chargemaster Toolkit product.

The program’s initial survey consists of a rigorous 11-step, high-level screening process by a peer review panel consisting of current customers, prospects who have not made a purchase, and expert HFMA Peer Review members. Participants provided comments on a variety of criteria, including willingness to recommend to colleagues; enhanced productivity; smoothness of implementation; data accuracy; ease of installation; quality of sales staff; ease of use; value; and quality of technical support.

As healthcare providers evolve beyond traditional revenue cycle management to value-based economics, more than 1,500 U.S. hospitals and health systems rely on Chargemaster Toolkit to:

  • optimize reimbursement by identifying chargemaster incompleteness and inaccuracy;
  • increase operational efficiency by automating chargemaster management;
  • manage workflow based on the organization’s change-validation control processes; and
  • track interdepartmental routing, approvals, and communication to provide an accurate audit trail.

“Since Craneware introduced the industry’s first effective chargemaster management solution for U.S. healthcare in 1999, our commitment to the U.S healthcare financial industry has never wavered,” said CMO Mark Montgomery for Craneware. “Recognitions like this from such a well-respected organization as HFMA further demonstrates that Chargemaster Toolkit is the leading solution for organizations who are looking to prevent earned revenue loss.”

Craneware customers recently commented on their partnership with the company:

“We’re actually pitching Craneware to the larger health system that we just joined with because it is … It’s so easy to use.”

Heather Ryan, Financial Data Coordinator

“I felt like I developed a loyalty fairly quickly and it was based on just really good open, honest people with a lot of integrity that I was dealing with at Craneware.”

Helen Haas, MHA, Manager of Strategic Pricing & CDM

 

About Craneware

Craneware (AIM: CRW.L) is the market leader in software and supporting services that help healthcare providers improve margins so they can invest in quality patient outcomes. The company's flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle - Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes Charge Capture & Strategic Pricing, Patient Engagement, Claims Analytics, Revenue Recovery & and Retention, Cost & Margin Analytics solutions. Learn more at craneware.com.

###

Craneware Media Contact:

b.parrish@craneware.com

404-364-2150

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