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CHW Selects Craneware

Craneware Signs Contract with Catholic Healthcare West
Software and Services to Improve 42-hospital System’s Financial Performance

ORLANDO, Fla., July 1, 2008 – Craneware, a recognized leader of solutions that improve the financial performance of healthcare organizations, today announced a contract with San Francisco-based Catholic Healthcare West for the delivery of Craneware’s Chargemaster Toolkit® suite of software and the company’s newest product, Pharmacy ChargeLink®.

Craneware’s software and services will be rolled out across the 42-hospital system through fiscal year 2009.

“We are delighted to have been selected by Catholic Healthcare West as their provider of revenue cycle management software, replacing the system’s current chargemaster technology,” said Keith Neilson, CEO and co-founder of Craneware. “This is the second large system partnership we have secured in recent weeks, giving us great momentum as we move into our new fiscal year. Both events reinforce the importance of optimizing financial performance through improved revenue management processes in today’s marketplace.”

Craneware announced a 16-hospital agreement with Catholic Health East last week.

About Catholic Healthcare West

Catholic Healthcare West (CHW), headquartered in San Francisco, Calif., is a system of 42 hospitals and medical centers in California, Arizona and Nevada. Founded in 1986, CHW is the eighth largest hospital system in the nation and the largest not-for-profit hospital provider in California. For more information visit www.chwhealth.org.

About Craneware

Craneware partners with healthcare organizations to improve returns, increase productivity and manage risk, driving better financial and operational performance using market-driven revenue management solutions. By enhancing revenue capture processes, Craneware solutions allow those organizations to optimize reimbursement, improve operational efficiency, and support compliance. Visit www.craneware.com.