TIDMCRW
RNS Number : 3738G
Craneware plc
15 November 2022
15 November 2022
Craneware plc
("Craneware" or the "Company" or the "Group")
AGM Statement and Board Appointment
Craneware (AIM: CRW.L), the market leader in Value Cycle
software solutions for the US healthcare market, is pleased to
provide an update on trading ahead of its Annual General Meeting
for the financial year ended 30 June 2022, which takes place at
10am today.
The Group has continued to deliver a solid performance in the
first four months of the new financial year, despite challenges
remaining across US healthcare, as the market continues its slow
recovery post pandemic. The Group has seen positive levels of
cross-sales and competitive wins, benefitting from the increased
breadth of offering, customer base, team and scale post the
transformational acquisition of Sentry Data Systems and continues
to successfully manage the impact of inflationary pressures on the
cost-base.
The transition of customers to the cloud version of one of
Craneware's leading offerings, Trisus Chargemaster, has continued
to progress, with migration on track to be effectively complete by
the end of calendar 2022. All customers are now utilising one or
more of the Group's cloud offerings. The Group continues to invest
in its team and operations, including the appointment of a Group
CTO, Abhilesh Gandhi who will oversee the Engineering Group,
reporting into the CEO. Mr Gandhi has over 20 years of Engineering
experience including leading engineering teams in Cerner
Corporation and Sentry Data Systems Inc before taking a leading
role on the Product Board of the Craneware Group.
The continued momentum across the enlarged Group and the success
Craneware has had in the past year against the backdrop of Covid,
provide the Board with confidence in the ability to navigate the
wider macroeconomic challenges.
Appointment of Non-Executive Director
The Company is also pleased to announce the appointment to the
Board of Anne McCune as an Independent Non-Executive Director, with
effect from 16 November 2022.
Anne is a recognised leader in the US Healthcare industry,
having served as a senior executive for several leading academic
hospital and physician centres and as a managing director in
consulting. She is currently a Community Board member of the
Strategy and Transformation committee at Salinas Valley Memorial
Healthcare System in California, a principal in the academic
healthcare division at ECG Management Consultants and President and
CEO of the Carol Emmott Foundation, an organisation dedicated to
achieving fully inclusive gender equality in healthcare leadership
and governance. Anne holds an MBA from the Kellogg School of
Management, Northwestern University and was recognised by Modern
Healthcare as one of the 2021 Top 25 Women Leaders in
Healthcare.
Commenting on the appointments, Will Whitehorn, Chairman of
Craneware plc, said :
"We are delighted to have attracted executives of such quality
and industry experience to Craneware. Anne and Abhilesh's
understanding of the US healthcare market is exceptional, and we
are confident they will provide us with valuable insight and
strategic guidance as we continue to transform the business of
healthcare."
Director Appointment Information
C urrent and Past Directorships of Anne Milner McCune, aged
67
USA
Current directorships
Anne McCune LLC
The Carol Emmott Foundation
Past directorships (in last 5 years)
Ronald McDonald House Charities Bay Area, Inc
There are no further disclosures required in accordance with AIM
Rule 17 and Schedule Two paragraph (g) of the AIM Rules for
Companies.
For further information, please contact:
Craneware plc +44 (0)131 550 3100
Keith Neilson, CEO
Craig Preston, CFO
Alma (Financial PR) +44 (0)20 3405 0205
Caroline Forde, Hilary Buchanan, Joe Pederzolli craneware@almapr.co.uk
Peel Hunt (NOMAD and Joint Broker) +44 (0)20 7418 8900
Dan Webster, Andrew Clark
Investec Bank PLC (Joint Broker) +44 (0)20 7597 5970
Patrick Robb, Henry Reast, Sebastian Lawrence
Berenberg (Joint Broker ) +44 (0)20 3207 7800
Mark Whitmore, Richard Andrews, Alix Mecklenburg-Solodkoff
About Craneware
We at The Craneware Group of companies, including our latest
additions Sentry Data Systems and Agilum Healthcare Intelligence,
passionately believe we can impact healthcare profoundly by
delivering the insights healthcare organisations need to also
transform the business of healthcare. Our shared vision is to be
the operational and financial partner for US healthcare
providers.
Our combined suite of applications and industry-leading team of
experts help our customers contextualise operational, financial,
and clinical data, providing insights that clearly demonstrate what
great looks like. These value cycle insights deliver revenue
integrity and 340B compliance, as well as margin and operational
intelligence - something no other single partner can provide.
Together, approximately 40% of registered US hospitals are now
our customers, including more than 12,000 US hospitals, health
systems and affiliated retail pharmacies and clinics. Our customers
are operating with a financial impact of nearly half a trillion
dollars. We have data sets from customers covering more than 150
million unique patients encounters.
Learn more at www.thecranewaregroup.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCGPGGUGUPPPPC
(END) Dow Jones Newswires
November 15, 2022 02:00 ET (07:00 GMT)
Grafico Azioni Craneware (AQSE:CRW.GB)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Craneware (AQSE:CRW.GB)
Storico
Da Gen 2024 a Gen 2025
