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Craneware® Software Ranks #1 in Two KLAS Revenue Cycle Categories

ATLANTA, January 29, 2014 – Today, Craneware, Inc., healthcare market leader in automated revenue integrity solutions, announced that two of its solutions rank first in two distinct revenue cycle categories in the annual “2013 Best in KLAS Awards: Software & Services” report, published January 2014. In this new KLAS report, Craneware’s flagship product, Chargemaster Toolkit®, earns the #1 ranking in the KLAS “Revenue Cycle – Chargemaster Management” market category for the eighth consecutive year, and Craneware’s Bill Analyzer software ranks #1 in the “Revenue Cycle – Charge Capture,” winning a Category Leader award for the third year running.

To find proven technology partners, healthcare organizations depend on KLAS research for client satisfaction scores and reputable benchmark performance metrics. KLAS helps healthcare providers make informed technology decisions by offering honest, accurate, and impartial vendor performance information based on candid feedback obtained directly through the active participation of thousands of healthcare organizations.

“We have been with Craneware for quite a few years, and we continue with them because they continue to provide a great tool and great service. Craneware has really good people, and they spoil us. They set the bar very high,” remarked a current Craneware client. This comment was collected by KLAS from a Director about Craneware’s Chargemaster Toolkit in January 2014*.

“Bill Analyzer has been a huge money saver for us. It has helped us to identify where we were losing money and has helped us to plug those gaps,” This comment was collected by KLAS from a Director about Craneware’s Bill Analyzer in September 2013.

“We are honored to be recognized as the Category Leaders with Craneware’s Chargemaster Toolkit and Bill Analyzer in the 2013 Best in KLAS report,” said Keith Neilson, Craneware CEO. “This is an especially gratifying acknowledgment since it is based on the opinions and experiences of healthcare providers who rely on Craneware’s solutions for their strong financial performance.”

This ranking is the latest in a notable list of accolades for Craneware’s Chargemaster Toolkit software, which is used by one quarter of all registered US hospitals. The industry’s original chargemaster management solution, Chargemaster Toolkit helps capture legitimate reimbursement by automating chargemaster management processes, bringing together expertise from clinical departments, the revenue cycle and relevant industry reference information. Chargemaster Toolkit works seamlessly with more than 33 leading HIS systems.

Craneware’s Bill Analyzer solution enables hospitals to correct claim issues at the root cause by automatically reviewing claim information to identify missed charges, billing errors, and potential compliance issues. This saves significant rework and prevents recurrence of billing errors.

*“The above are selected commentaries that may not represent the whole of provider sentiment related to this product or service. Visit www.KLASresearch.com for a complete view.”

* The above user comments were collected by KLAS in January 2014 and September 2013 respectively. © KLAS Enterprises LLC. All rights reserved. www.KLASresearch.com.

About KLAS
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment, and infrastructure systems to deliver timely reports, trends, and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.

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 helps customers optimize reimbursement, increase operational efficiency, minimize compliance risk, and retain more earned revenue. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.