Business
Contract with CHE
Contract with CHE.
About this update from Craneware Plc
[{"type":"text","content":"\n RNS Number : 3708X Craneware plc 24 June 2008 \n \n \nCraneware plc\n('Craneware' or the 'Company')\n\nContract Win\n \nCraneware signs contract with Catholic Health East for 16 acute-care hospitals \n\n\n24 June 2008 - Craneware plc, (AIM: CRW) a leader in revenue cycle management software solutions for the US healthcare market, has signed a contract with Catholic Health East, Newtown Square, Pa., for the delivery of Craneware's Chargemaster Toolkit® suite and the newly launched Pharmacy ChargeLink™ product. \n\nCraneware's software and services will be rolled-out across the hospital system, replacing an incumbent provider, through Fiscal 2009. As per Craneware's revenue recognition policy, the majority of revenues derived from these contracts will be recognised in Craneware's fiscal years FY09, FY10, FY11, FY12 & FY13. They will therefore not have a material impact on the current financial year's revenues due to finish on 30 June 2008.\n\nKeith Neilson, CEO of Craneware plc, commented, 'We are delighted to have been selected by Catholic Health East as their provider of revenue cycle management software, replacing one of our competitors. This is a great endorsement of the scalability and quality of our software and operations and a strong end to our first year as a public company.' \n\nFor further information, please contact:\n\n\n\n\n\nCraneware plc\n\n\nKBC Peel Hunt \n\n\nICIS \n\n\n\n\n+44 (0)1506 407 666\n\n\n+44 (0)20 7418 8900\n\n\n+44 (0)20 7651 8688\n\n\n\n\nKeith Neilson, CEO\n\n\nOliver Scott\n\n\nTom Moriarty\n\n\n\n\nSandy McDougall, CFO\n\n\nDeon Veldtman\n\n\nCaroline Evans-Jones\n\n\n\n\n\n\nAbout Craneware\nFounded in 1999, Craneware has headquarters in Livingston, Scotland, with offices in Florida, Arizona and Kansas, employing over 100 staff. Craneware's products, which include the Company's flagship, Chargemaster Toolkit®, assist US healthcare providers in reducing billing errors, ensuring the timely and accurate submission of claims and managing compliance risk. More information about Craneware plc and its services can be found on-line at the Company's corporate website, www.craneware.com\n\n\nAbout Catholic Health East\nCatholic Health East is a multi-institutional Catholic health system, which is co-sponsored by ...