Business
Contract Win
Contract Win.
About this update from Craneware Plc
[{"type":"text","content":"\n RNS Number : 4478H Craneware plc 22 February 2010 \n \n\nCraneware plc\n(\"Craneware\" or the \"Company\")\n \nNew York State's Largest Integrated Health System Chooses Craneware Revenue Integrity Solutions\n \n22 February 2010 - Craneware (AIM: CRW.L), the leader in automated revenue integrity solutions that improve US healthcare providers' financial performance, is pleased to announce that North Shore-LIJ Health System has signed a multi-year contract for Craneware's Chargemaster Corporate Toolkit®, Online Reference Toolkit® and Bill Analyzer. Comprising 14 hospitals, 17 long-term care facilities, The Feinstein Institute for Medical Research, three trauma centres, five home health agencies, the Hospice Care Network and dozens of outpatient centers, North Shore-LIJ is the largest integrated healthcare system in New York State and winner of the 2010 NQF National Quality Healthcare Award. \n \nThese solutions will empower the heath system to proactively manage its revenue cycle in accord with industry best practices for improved financial performance, operational efficiency and compliance. The health system will also benefit from Craneware's Chargemaster Corporate Standardization Services and Charge Capture Performance Improvement Services. \n \n\"We took a long time evaluating the options open to us and chose Craneware based on the capabilities of its software and the company's track record,\" said Wendy Carnel, North Shore-LIJ's Vice President of patient financial services. \"The Craneware software will enable us to better manage our system's revenue cycles and further align our processes with industry best practices.\" \n \n\"In the current climate of healthcare reform, the most successful healthcare finance leaders are focused on making the process and information technology changes that will deliver more value to their organisation for the services they provide,\" commented Craneware CEO Keith Neilson. \"We are pleased to provide New York State's largest integrated health system with these Craneware Revenue Integrity Solutions™.\"\n \nAccording to a recent Healthcare Financial Management Association InstaPoll of members, 50% of respondents indicate that the greatest cause of charge capture errors in their hospital organisations is lack of staff education regarding ever-evolvi...