ATLANTA, September 24, 2013 – A majority of community hospitals wish to remain independent and that means they must remain financially viable. Even in the face of significant market pressure to either integrate or form alliances, hospitals must have a healthy balance sheet. To sustain their financial success, hospitals are making strategic shifts towards a culture of revenue integrity. To help community hospitals meet strategic and financial goals, Craneware, Inc., the market leader in automated revenue integrity solutions, today announced it will sponsor and present an educational session at the 2013 CH100 Leadership and Strategy Conference, an executive-level conference focused exclusively on the objectives of community-based hospitals and health systems.
With recovery audits at an all-time high, one of the industry’s foremost experts on audit prevention and appeals, Craneware Executive Vice President of Revenue Integrity Operations Karen Bowden, will lead an educational session at the conference. The session entitled, “How to Prepare for Audits,” will share proven best practices for how community hospitals can prepare to manage the increasing number of audits.
“Community hospitals are vital to the health of their regions, making their success of utmost importance,” said Keith Neilson, Craneware CEO. “From our experience with one in four U.S. hospitals, it’s clear that those organizations with a culture of revenue integrity have a significant advantage for success because they have improved visibility into their business and can make better-informed decisions. Craneware is glad to join with hospital leaders at the CH100 conference to share best practices for achieving revenue integrity.”
Limited to 100 hospital organizations, the CH100 Leadership and Strategy Conference is a premier forum for insights and solutions to the most critical strategic issues influencing hospitals and health systems today. It provides a venue for industry thought leaders to exchange knowledge and best practices in a collaborative forum. This year’s conference will consist of educational sessions, executive round-tables, and networking, focused towards improving performance and efficiency in an era of change. The conference will be held October 20-22, 2013 at the Ritz-Carlton Lodge, Reynolds Plantation, Greensboro, Ga.
Craneware (AIM: CRW.L) is the leader in automated revenue integrity solutions that improve financial performance for healthcare organizations. Craneware’s market-driven, SaaS solutions help hospitals and other healthcare providers more effectively price, charge, code and retain earned revenue for patient care services and supplies. This optimizes reimbursement, increases operational efficiency and minimizes compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.