Craneware and Intermountain to Share Best Practices for Revenue Integrity Strategy at 2013 HFMA MAP Event
ATLANTA, October 8, 2013 – With the pace of change in the healthcare industry continuing to accelerate, hospitals are striving to deliver quality care at sustainable costs. Revenue integrity – the achievement of operational efficiency, compliance and legitimate reimbursement – is a key to achieving this goal. One hospital system successfully implementing a revenue integrity strategy is Intermountain Healthcare, an internationally recognized system of 23 not-for-profit hospitals based in Salt Lake City. Craneware, Inc., the market leader in automated revenue integrity solutions, today announced it will present alongside Intermountain at the 2013 MAP Event, the Healthcare Financial Management Association’s (HFMA) annual revenue cycle conference for provider organizations.
Todd Craghead, Vice President of Revenue Cycle at Intermountain, and Jolene Howard, Craneware business solutions consultant, will lead a presentation titled, “Structuring Multidisciplinary Teams for Revenue Cycle Improvement,” on Monday, October 28 from 7:15-8:30 a.m. EST in Fort Lauderdale, Fla. During the session, Intermountain will detail its five-part strategy for improving enterprise-wide revenue integrity. Intermountain’s process included: building a multidisciplinary team with department-specific representatives, providing ongoing education and training on best practices, leveraging technology, and establishing a proactive system for ensuring data alignment. Presenters will relate the results of their initiative to the HFMA MAP Keys which serve as unbiased indicators that can be used to accurately measure revenue cycle performance.
“For healthcare organizations today, financial success requires more than just cost reduction and defensive strategies. Instead, organizations need to proactively implement revenue cycle strategies and process improvements to achieve revenue integrity,” said Keith Neilson, Craneware CEO. “Intermountain is a great example of how a consistent, proactive revenue integrity program can achieve results. It is a privilege to present alongside our client Intermountain as they share their success with the HFMA community.”
Craneware’s Chargemaster Toolkit®, Chargemaster Corporate Toolkit®, Online Reference Toolkit®, Bill Analyzer and Interface Scripting Module products have met specific criteria developed under the HFMA Peer Review Process earning the Peer Reviewed by HFMA® standard. (*HFMA does not endorse or guarantee the use of these products).
About HFMA
The Healthcare Financial Management Association (HFMA) provides the resources healthcare organizations need to achieve sound fiscal health in order to provide excellent patient care. With more than 37,000 members, HFMA is the nation’s leading membership organization of healthcare finance executives and leaders. HFMA helps its members achieve results by providing education, analysis, and guidance, and creating practical tools and solutions that optimize financial management. The organization is a respected and innovative thought leader on top trends and challenges facing the healthcare finance industry.
About Intermountain
Intermountain Healthcare is an internationally recognized, nonprofit system of 23 hospitals, a Medical Group with more than 185 physician clinics, and an affiliated health insurance company, SelectHealth. Our 33,000 employees serve patients and plan members in Utah and southeastern Idaho. Whether you need a flu vaccination or the latest in cancer treatment, we offer a full range of services, from urgent care to home care to the region’s most advanced trauma centers. Providing excellent care of the highest quality at an affordable cost is at the heart of our mission.
About Craneware
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.
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LAS VEGAS, June 25, 2018 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced at the HFMA 2018 Annual Conference it is showcasing how the cloud-based Trisus platform continues to drive enhanced financial performance for U.S. hospitals and health systems.
Healthcare providers must ensure reimbursement for all chargeable items, especially high-cost implantable medical devices. Trisus Supply – a new application available for early adopters on the Trisus platform – helps identify data gaps between the Item Master, Chargemaster and Operating Room Order Entry System. These gaps shine a light on opportunities to correct charge capture issues related to revenue, cost and compliance to ensure higher reimbursement. Trisus Supply is available for demonstration at the Craneware booth (#1001).
Craneware Healthcare Intelligence’s core software solution, Trisus Healthcare Intelligence, integrates clinical, financial and operational patient information and determines the actual costs to each patient episode based on the services/activities during the encounter and the corresponding consumption of resources. Leadership from Craneware Healthcare Intelligence is available to discuss this innovative costs analytics initiative at the Innovation Hub (#863-N) on the show floor.
Trisus Claims Informatics accesses data compiled from more than 200 million related Medicare and commercial payor claims to provide predictive analytics and root-cause analysis around charge capture issues. Beebe Healthcare is sharing its experience with the solution in a presentation titled “Post-Claim Analysis: Making You Claims Data Work for You” on Wednesday, June 27, 10-11:15 am.
“As Craneware enters our twentieth year in business, we are uniquely positioned to help forward-looking providers make the transition from ‘old school’ revenue cycle management to understanding the underlying pressures on margin and its impact on patient outcomes,” said Keith Neilson, Craneware CEO. “The end result is an emerging, high-growth market for value cycle informatics and a performance platform that help providers understand risks, optimize revenue and meaningfully impact cost on a continuous basis.”
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. 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 patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions. Learn more at craneware.com.
###
Craneware Media Contact:
b.parrish@craneware.com
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[post_title] => Craneware Demonstrates Continued Evolution of Trisus® Platform at HFMA 2018 Annual Conference
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LAS VEGAS, June 25, 2018 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced at the HFMA 2018 Annual Conference it is showcasing how the cloud-based Trisus platform continues to drive enhanced financial performance for U.S. hospitals and health systems.
Healthcare providers must ensure reimbursement for all chargeable items, especially high-cost implantable medical devices. Trisus Supply – a new application available for early adopters on the Trisus platform – helps identify data gaps between the Item Master, Chargemaster and Operating Room Order Entry System. These gaps shine a light on opportunities to correct charge capture issues related to revenue, cost and compliance to ensure higher reimbursement. Trisus Supply is available for demonstration at the Craneware booth (#1001).
Craneware Healthcare Intelligence’s core software solution, Trisus Healthcare Intelligence, integrates clinical, financial and operational patient information and determines the actual costs to each patient episode based on the services/activities during the encounter and the corresponding consumption of resources. Leadership from Craneware Healthcare Intelligence is available to discuss this innovative costs analytics initiative at the Innovation Hub (#863-N) on the show floor.
Trisus Claims Informatics accesses data compiled from more than 200 million related Medicare and commercial payor claims to provide predictive analytics and root-cause analysis around charge capture issues. Beebe Healthcare is sharing its experience with the solution in a presentation titled “Post-Claim Analysis: Making You Claims Data Work for You” on Wednesday, June 27, 10-11:15 am.
“As Craneware enters our twentieth year in business, we are uniquely positioned to help forward-looking providers make the transition from ‘old school’ revenue cycle management to understanding the underlying pressures on margin and its impact on patient outcomes,” said Keith Neilson, Craneware CEO. “The end result is an emerging, high-growth market for value cycle informatics and a performance platform that help providers understand risks, optimize revenue and meaningfully impact cost on a continuous basis.”
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. 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 patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions. Learn more at craneware.com.
###
Craneware Media Contact:
b.parrish@craneware.com
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Craneware Demonstrates Continued Evolution of Trisus® Platform at HFMA 2018 Annual Conference
LAS VEGAS, June 25, 2018 – Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced at the HFMA 2018 Annual Conference it is showcasing how the cloud-based Trisus platform continues to...
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[post_date] => 2018-03-06 16:23:15
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[post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.106" background_layout="light"]
ATLANTA, March 6, – Craneware, Inc. (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced its unaudited results for the six months ending December 31, 2017. The company also announced the initial launch of Craneware Healthcare Intelligence, a new business division focusing on providing cost analytics decision support solutions for healthcare organizations with its software solution, Trisus CARE (Trisus Cost Analytics and Resource Efficiency).
Financial Highlights
- Revenue increased 16% to $31.1m (H1 2017: $26.8m)
- Adjusted EBITDA1 increased 18% to $9.7m (H1 2017: $8.2m)
- Profit before tax increased 16% to $8.7m (H1 2017: $7.5m)
- Adjusted basic EPS increased 18% to 25.4 cents per share (H1 2017: 21.6 cents per share)
- Cash position of $52m (H1 2017: $45m) following dividend payment of $4.1m
- Proposed interim dividend increased 15% to 10p (H1 2017: 8.7p per share)
1. Adjusted EBITDA refers to earnings before interest, tax, depreciation, amortisation, share based payments and acquisition and share transaction related costs.
Operational Highlights- Two significant contracts secured in the half, with a further two announced post period end
- Increasing market engagement with our newly launched cloud-based platform, Trisus
- Record sales pipeline for the current financial year
- Total visible revenue of over $63.1m for the current financial year and $179.4m for the three-year period to June 2020
(H1 2017 same three year period: $149.1m)
Keith Neilson, CEO of Craneware plc commented, “Our extensive expertise and experience in the US healthcare market means we are well positioned to provide actionable insight for our customers. By combining their financial and operational data in unique ways, our solutions ensure they can continue to thrive in the new era of value-based care.
“The investments made into Craneware’s product suite and operations in recent years means we are now delivering growth rates which are outperforming our industry. We are seeing growing interest across our enlarged product suite and are particularly pleased with the high levels of interest and opportunities across our customer base for our newly launched cloud-based platform, Trisus.
“With an ongoing, growing market opportunity, a record sales pipeline and increasing long-term revenue visibility, we enter the second half of the year with great confidence for the future and the ongoing success of the business.”
The importance of understanding costs across the hospital and health system at the department and patient levels is essential to uncovering cost saving opportunities. Craneware Healthcare Intelligence’s core software solution, Trisus CARE, integrates clinical, financial and operational patient information and determines the actual costs to each patient episode based on the services/activities of the patient during the encounter and the corresponding consumption of resources.
Trisus CARE users are able to:
- identify true cost based on resource allocation;
- determine profitability by multiple metrics including the medical condition;
- gauge an actual patient journey and identify physician variability that is driving cost and profit variability; and
- utilize analytical insights to drive actionable process improvement.
“Healthcare IT systems have traditionally relied on estimations of cost and surrogate markers to approximate the cost against revenue streams. Unfortunately, this has led to a poor understanding of whether revenue covers costs by medical condition,” said Pietro Ferrara, senior vice president and leader of Craneware Healthcare Intelligence. “Trisus CARE sheds light on how variations in clinical care based on physician decisions produce different profit margins by medical condition. This insight can be used to determine best practices which will improve financial performance and lead to a competitive advantage in the marketplace.”
“From hospital management and cost analytics to supply chain and clinical operations, Pietro brings a vast range of international experiences to Craneware,” said Keith Neilson, Craneware CEO. “We are excited about this strategic initiative as we extend the value of our product offering into new and emerging areas.”
For those attending HIMSS18, Craneware Healthcare Intelligence will be demonstrating Trisus CARE in the Georgia, USA booth (#3261).
About CranewareCraneware (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 since 2006 and is part of our value cycle management suite, which includes Patient Engagement, Charge Capture & Pricing, Coding Integrity, Revenue Recovery & Retention, and Cost Analytics solutions. Learn more at craneware.com.
###Craneware Media Contact:
b.parrish@craneware.com
Share the Love!
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[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row global_parent="26685" background_position="top_left" background_repeat="repeat" background_size="initial"][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" /][/et_pb_column][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" offset_number="1" /][/et_pb_column][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" offset_number="2" /][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built="1" background_color="#2d79c2" module_class="cta-background" _builder_version="3.0.106" use_background_color_gradient="on" background_color_gradient_start="#296ab0" background_color_gradient_end="#2b71ba" background_color_gradient_type="radial" prev_background_color="#e6eaee" global_module="20823"][et_pb_row global_parent="20823" _builder_version="3.0.47" background_size="initial" background_position="top_left" background_repeat="repeat"][et_pb_column type="4_4"][et_pb_text global_parent="20823" background_layout="dark" _builder_version="3.0.106" text_font="|600|||||||" text_text_color="#ffffff" header_2_font_size="30px"]Ready to learn more?
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Announces H1 FY18 Financial Results [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => craneware-announces-h1-fy18-financial-results [to_ping] => [pinged] => [post_modified] => 2018-06-20 16:18:00 [post_modified_gmt] => 2018-06-20 16:18:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://public.craneware.com/?p=27411 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 27411 [post_author] => 2 [post_date] => 2018-03-06 16:23:15 [post_date_gmt] => 2018-03-06 16:23:15 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.106" background_layout="light"]
ATLANTA, March 6, – Craneware, Inc. (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced its unaudited results for the six months ending December 31, 2017. The company also announced the initial launch of Craneware Healthcare Intelligence, a new business division focusing on providing cost analytics decision support solutions for healthcare organizations with its software solution, Trisus CARE (Trisus Cost Analytics and Resource Efficiency).
Financial Highlights- Revenue increased 16% to $31.1m (H1 2017: $26.8m)
- Adjusted EBITDA1 increased 18% to $9.7m (H1 2017: $8.2m)
- Profit before tax increased 16% to $8.7m (H1 2017: $7.5m)
- Adjusted basic EPS increased 18% to 25.4 cents per share (H1 2017: 21.6 cents per share)
- Cash position of $52m (H1 2017: $45m) following dividend payment of $4.1m
- Proposed interim dividend increased 15% to 10p (H1 2017: 8.7p per share)
1. Adjusted EBITDA refers to earnings before interest, tax, depreciation, amortisation, share based payments and acquisition and share transaction related costs.
Operational Highlights- Two significant contracts secured in the half, with a further two announced post period end
- Increasing market engagement with our newly launched cloud-based platform, Trisus
- Record sales pipeline for the current financial year
- Total visible revenue of over $63.1m for the current financial year and $179.4m for the three-year period to June 2020
(H1 2017 same three year period: $149.1m)
Keith Neilson, CEO of Craneware plc commented, “Our extensive expertise and experience in the US healthcare market means we are well positioned to provide actionable insight for our customers. By combining their financial and operational data in unique ways, our solutions ensure they can continue to thrive in the new era of value-based care.
“The investments made into Craneware’s product suite and operations in recent years means we are now delivering growth rates which are outperforming our industry. We are seeing growing interest across our enlarged product suite and are particularly pleased with the high levels of interest and opportunities across our customer base for our newly launched cloud-based platform, Trisus.
“With an ongoing, growing market opportunity, a record sales pipeline and increasing long-term revenue visibility, we enter the second half of the year with great confidence for the future and the ongoing success of the business.”
The importance of understanding costs across the hospital and health system at the department and patient levels is essential to uncovering cost saving opportunities. Craneware Healthcare Intelligence’s core software solution, Trisus CARE, integrates clinical, financial and operational patient information and determines the actual costs to each patient episode based on the services/activities of the patient during the encounter and the corresponding consumption of resources.
Trisus CARE users are able to:
- identify true cost based on resource allocation;
- determine profitability by multiple metrics including the medical condition;
- gauge an actual patient journey and identify physician variability that is driving cost and profit variability; and
- utilize analytical insights to drive actionable process improvement.
“Healthcare IT systems have traditionally relied on estimations of cost and surrogate markers to approximate the cost against revenue streams. Unfortunately, this has led to a poor understanding of whether revenue covers costs by medical condition,” said Pietro Ferrara, senior vice president and leader of Craneware Healthcare Intelligence. “Trisus CARE sheds light on how variations in clinical care based on physician decisions produce different profit margins by medical condition. This insight can be used to determine best practices which will improve financial performance and lead to a competitive advantage in the marketplace.”
“From hospital management and cost analytics to supply chain and clinical operations, Pietro brings a vast range of international experiences to Craneware,” said Keith Neilson, Craneware CEO. “We are excited about this strategic initiative as we extend the value of our product offering into new and emerging areas.”
For those attending HIMSS18, Craneware Healthcare Intelligence will be demonstrating Trisus CARE in the Georgia, USA booth (#3261).
About CranewareCraneware (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 since 2006 and is part of our value cycle management suite, which includes Patient Engagement, Charge Capture & Pricing, Coding Integrity, Revenue Recovery & Retention, and Cost Analytics solutions. Learn more at craneware.com.
###Craneware Media Contact:
b.parrish@craneware.com
Share the Love!
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Craneware Announces H1 FY18 Financial Results
ATLANTA, March 6, – Craneware, Inc. (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced its unaudited results for the six months ending December 31, 2017. The company also announced the initial...
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[post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.106" background_layout="light"]
ATLANTA, January 30, 2018 – Craneware, Inc., the healthcare market leader in automated value cycle solutions, today announced its Chargemaster Toolkit® product again ranked first in the Chargemaster Management category of the “2018 Best In KLAS Awards: Software & Services.” This marks the twelfth consecutive year the solution has achieved top ranking in this category. Additionally, Chargemaster Toolkit’s rating of 95.1 is roughly 15 points higher than the average for all KLAS-rated healthcare software products.
KLAS’s annual “Best in KLAS” report provides unique insight gathered from thousands of healthcare organizations across the country. Feedback from many Craneware customers was included in the vetting process, which focused on areas such as functionality, implementation, training and support. Insights provided by these customers included:
- “Craneware is implementing a level of reporting that I have never had before.”
- “I think every hospital should use (Craneware).”
- “If Craneware says they are going to do something, we know it is going to be done right, and they are going to do it until everybody understands it.”
- “Financial systems can be really complex, and some other products out there are not as easy to use as Chargemaster Toolkit.”
- “I would rate the ease of use at a 15 if I could. Chargemaster Toolkit is very clear and concise, and there is ease in going from one place to another. We don't have to go to 15 places to get a single bit of information.”
“For almost two decades, the country’s leading healthcare providers have turned to Craneware for the best charge capture solutions in the industry,” said Keith Neilson, Craneware CEO. “We continue to achieve aggressive growth goals as Chargemaster Toolkit gives our customers actionable insights to successfully address revenue preservation and sustain financial performance.”
Chargemaster Toolkit enables users to realize:
- Increased operational efficiency through workflow and efficient integration
- Better understanding of where revenue is at risk, and of high-risk compliance issues
- Improved pricing transparency by reviewing pricing against peer and fee schedule benchmarks
- Better understanding of opportunities to increase revenue
- Reduced coding errors
- Smoother transition when migrating to patient accounting systems
With the revenue cycle now part of the larger value cycle – the full life cycle of optimizing every opportunity to achieve the best outcome for the best cost – Craneware offers additional products that help healthcare providers achieve quality patient outcomes and optimal financial performance. Craneware Value Cycle Solutions span five product families – patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics. In addition, hospitals and health systems of all sizes and types rely on Craneware Professional Services to help deliver results that lead to improved financial outcomes.
“Category Leader is more than a ranking. It is a recognition of vendors committed to delivering superior solutions,” said Adam Gate, president of KLAS. “It gives voice to thousands of providers who are demanding better performance, usability and interoperability in healthcare technology.”
*Selected commentary collected about Craneware Chargemaster Toolkit by KLAS June 2017-January 2018 respectively. For a complete view www.klasresearch.com
About KLASKLAS is data-driven company on a mission to improve the world’s healthcare by enabling provider and payer voices to be heard and counted. Working with thousands of healthcare professionals, KLAS collects insights on software, services and medical equipment to deliver reports, trending data and statistical overviews. KLAS data is accurate, honest and impartial. The research directly reflects the voice of healthcare professionals and acts as a catalyst for improving vendor performance. To learn more about KLAS and the insights we provide, visit www.KLASresearch.com.
About CranewareCraneware (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. 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 patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions. Learn more at craneware.com.
###Craneware Media Contact:
b.parrish@craneware.com
Share the Love!
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[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row global_parent="26685" background_position="top_left" background_repeat="repeat" background_size="initial"][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" /][/et_pb_column][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" offset_number="1" /][/et_pb_column][et_pb_column type="1_3"][et_pb_blog global_parent="26685" _builder_version="3.0.106" posts_number="1" include_categories="6" show_content="off" show_thumbnail="off" show_more="on" show_author="off" show_date="off" show_categories="on" show_comments="off" show_pagination="off" fullwidth="on" use_overlay="off" background_layout="light" pagination_font_size_tablet="51" pagination_line_height_tablet="2" offset_number="2" /][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section bb_built="1" background_color="#2d79c2" module_class="cta-background" _builder_version="3.0.106" use_background_color_gradient="on" background_color_gradient_start="#296ab0" background_color_gradient_end="#2b71ba" background_color_gradient_type="radial" prev_background_color="#e6eaee" global_module="20823"][et_pb_row global_parent="20823" _builder_version="3.0.47" background_size="initial" background_position="top_left" background_repeat="repeat"][et_pb_column type="4_4"][et_pb_text global_parent="20823" background_layout="dark" _builder_version="3.0.106" text_font="|600|||||||" text_text_color="#ffffff" header_2_font_size="30px"]Ready to learn more?
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Secures Top KLAS Ranking in Chargemaster Management for 12th Consecutive Year [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => craneware-secures-top-klas-ranking-in-chargemaster-management-for-twelfth-consecutive-year [to_ping] => [pinged] => [post_modified] => 2018-06-20 16:18:46 [post_modified_gmt] => 2018-06-20 16:18:46 [post_content_filtered] => [post_parent] => 0 [guid] => http://crane.rumorad.com/?p=20492 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) ) [post_count] => 1 [current_post] => -1 [in_the_loop] => [post] => WP_Post Object ( [ID] => 20492 [post_author] => 1 [post_date] => 2018-01-30 11:18:19 [post_date_gmt] => 2018-01-30 16:18:19 [post_content] => [et_pb_section bb_built="1" next_background_color="#000000" _builder_version="3.0.106" module_class="article-post"][et_pb_row][et_pb_column type="4_4"][et_pb_text _builder_version="3.0.106" background_layout="light"]
ATLANTA, January 30, 2018 – Craneware, Inc., the healthcare market leader in automated value cycle solutions, today announced its Chargemaster Toolkit® product again ranked first in the Chargemaster Management category of the “2018 Best In KLAS Awards: Software & Services.” This marks the twelfth consecutive year the solution has achieved top ranking in this category. Additionally, Chargemaster Toolkit’s rating of 95.1 is roughly 15 points higher than the average for all KLAS-rated healthcare software products.
KLAS’s annual “Best in KLAS” report provides unique insight gathered from thousands of healthcare organizations across the country. Feedback from many Craneware customers was included in the vetting process, which focused on areas such as functionality, implementation, training and support. Insights provided by these customers included:
- “Craneware is implementing a level of reporting that I have never had before.”
- “I think every hospital should use (Craneware).”
- “If Craneware says they are going to do something, we know it is going to be done right, and they are going to do it until everybody understands it.”
- “Financial systems can be really complex, and some other products out there are not as easy to use as Chargemaster Toolkit.”
- “I would rate the ease of use at a 15 if I could. Chargemaster Toolkit is very clear and concise, and there is ease in going from one place to another. We don't have to go to 15 places to get a single bit of information.”
“For almost two decades, the country’s leading healthcare providers have turned to Craneware for the best charge capture solutions in the industry,” said Keith Neilson, Craneware CEO. “We continue to achieve aggressive growth goals as Chargemaster Toolkit gives our customers actionable insights to successfully address revenue preservation and sustain financial performance.”
Chargemaster Toolkit enables users to realize:
- Increased operational efficiency through workflow and efficient integration
- Better understanding of where revenue is at risk, and of high-risk compliance issues
- Improved pricing transparency by reviewing pricing against peer and fee schedule benchmarks
- Better understanding of opportunities to increase revenue
- Reduced coding errors
- Smoother transition when migrating to patient accounting systems
With the revenue cycle now part of the larger value cycle – the full life cycle of optimizing every opportunity to achieve the best outcome for the best cost – Craneware offers additional products that help healthcare providers achieve quality patient outcomes and optimal financial performance. Craneware Value Cycle Solutions span five product families – patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics. In addition, hospitals and health systems of all sizes and types rely on Craneware Professional Services to help deliver results that lead to improved financial outcomes.
“Category Leader is more than a ranking. It is a recognition of vendors committed to delivering superior solutions,” said Adam Gate, president of KLAS. “It gives voice to thousands of providers who are demanding better performance, usability and interoperability in healthcare technology.”
*Selected commentary collected about Craneware Chargemaster Toolkit by KLAS June 2017-January 2018 respectively. For a complete view www.klasresearch.com
About KLASKLAS is data-driven company on a mission to improve the world’s healthcare by enabling provider and payer voices to be heard and counted. Working with thousands of healthcare professionals, KLAS collects insights on software, services and medical equipment to deliver reports, trending data and statistical overviews. KLAS data is accurate, honest and impartial. The research directly reflects the voice of healthcare professionals and acts as a catalyst for improving vendor performance. To learn more about KLAS and the insights we provide, visit www.KLASresearch.com.
About CranewareCraneware (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. 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 patient engagement, charge capture and pricing, claims analysis, revenue recovery and retention, and cost analytics solutions. Learn more at craneware.com.
###Craneware Media Contact:
b.parrish@craneware.com
Share the Love!
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[/et_pb_button][/et_pb_column][/et_pb_row][/et_pb_section] [post_title] => Craneware Secures Top KLAS Ranking in Chargemaster Management for 12th Consecutive Year [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => craneware-secures-top-klas-ranking-in-chargemaster-management-for-twelfth-consecutive-year [to_ping] => [pinged] => [post_modified] => 2018-06-20 16:18:46 [post_modified_gmt] => 2018-06-20 16:18:46 [post_content_filtered] => [post_parent] => 0 [guid] => http://crane.rumorad.com/?p=20492 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw ) [comment_count] => 0 [current_comment] => -1 [found_posts] => 73 [max_num_pages] => 73 [max_num_comment_pages] => 0 [is_single] => [is_preview] => [is_page] => [is_archive] => 1 [is_date] => [is_year] => [is_month] => [is_day] => [is_time] => [is_author] => [is_category] => 1 [is_tag] => [is_tax] => [is_search] => [is_feed] => [is_comment_feed] => [is_trackback] => [is_home] => [is_404] => [is_embed] => [is_paged] => [is_admin] => [is_attachment] => [is_singular] => [is_robots] => [is_posts_page] => [is_post_type_archive] => [query_vars_hash:WP_Query:private] => cca3e7f549814f96dc6997c495fca152 [query_vars_changed:WP_Query:private] => [thumbnails_cached] => [stopwords:WP_Query:private] => [compat_fields:WP_Query:private] => Array ( [0] => query_vars_hash [1] => query_vars_changed ) [compat_methods:WP_Query:private] => Array ( [0] => init_query_flags [1] => parse_tax_query ) )
Craneware Secures Top KLAS Ranking in Chargemaster Management for 12th Consecutive Year
ATLANTA, January 30, 2018 – Craneware, Inc., the healthcare market leader in automated value cycle solutions, today announced its Chargemaster Toolkit® product again ranked first in the Chargemaster Management category of the “2018 Best...
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