ATLANTA, June 10, 2011 /PRNewswire/ -- Craneware, the U.S.
healthcare market leader in automated revenue integrity solutions,
announced today that Catholic Healthcare West Senior Director of
Revenue Integrity Katie LeBlanc and
Craneware Senior Vice President of Professional Services
Kelley Blair will present "Stopping
Revenue Leakage with Pharmacy and Supply Data" at the 2011 Premier
healthcare alliance Breakthroughs Conference and Exhibition in
Nashville, June 14-17.
"At CHW, we strive to provide value and compassion consistent
with our mission of service. Revenue integrity and operational
efficiency are key factors in meeting these goals," said LeBlanc.
"To assure revenue integrity, we standardized the chargemaster,
resulting in operational improvements which yielded an estimated
$32 million and significantly
increased our ability to increase charge capture while maintaining
high compliance standards. At Breakthroughs, we will share insights
into revenue integrity for pharmacy and supplies. We estimate the
impact of improved billing accuracy through identifying missing
codes on codable pharmaceuticals at just one hospital at
$1.6 million net."
"Craneware has helped numerous hospitals understand and achieve
revenue integrity," said Keith Neilson, CEO of Craneware. "Our
approach ensures that today's healthcare organizations have
actionable data that can be used to achieve operational efficiency
and stop revenue loss. Our session at Premier Breakthroughs will
provide attendees with a roadmap for improving processes in their
facilities, specifically those associated with pharmaceuticals and
supplies."
Premier and Craneware expanded their partnership in April 2010, offering Craneware Revenue Integrity
Solutions to more than 2,500 Premier hospital members to optimize
reimbursement, increase operational efficiency and minimize
compliance risk. With Premier's industry-leading consulting
expertise and Craneware's best-in-class products, providers can
achieve the visibility required to identify, address and ultimately
prevent revenue leakage. Craneware's solutions are offered to
alliance members as a part of Premier's RevenueConnect™ and
PharmacyConnect® programs.
In the session, scheduled for Thursday,
June 16, 9:15 am, LeBlanc and
Blair will share insights gained from successfully integrating
supply and pharmacy data into the billing system at Catholic
Healthcare West, the nation's fifth largest healthcare system.
This year, more than 4,000 healthcare providers and experts will
attend Premier's Breakthroughs conference to engage around best
practices and learn about innovative solutions to transform
healthcare. Craneware will exhibit at the conference in booth
number 442.
About Catholic Healthcare West
Catholic Healthcare West (CHW) is the fifth largest
hospital provider in the nation and the largest hospital system in
California as well as California's largest 340B provider. Founded in
1986 and headquartered in San Francisco,
Calif., CHW is a system of 42 hospitals and medical centers
in California, Arizona and Nevada. For more information, visit
www.chwhealth.org.
About Craneware
Craneware (AIM: CRW.L, OTC: CRWRY) 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 and code for services and supplies associated with
patient care. 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 and stoptheleakage.com.
About the Premier healthcare alliance, Malcolm Baldrige
National Quality Award recipient
Premier is a performance improvement alliance of more than 2,500
U.S. hospitals and 75,000-plus other healthcare sites using the
power of collaboration to lead the transformation to high quality,
cost-effective care. Owned by hospitals, health systems and other
providers, Premier maintains the nation's most comprehensive
repository of clinical, financial and outcomes information and
operates a leading healthcare purchasing network. A world leader in
helping deliver measurable improvements in care, Premier has worked
with the Centers for Medicare & Medicaid Services and the
United Kingdom's National Health
Service North West to improve hospital performance. Headquartered
in Charlotte, N.C., Premier also
has an office in Washington.
http://www.premierinc.com. Stay connected with Premier on Facebook,
Twitter and YouTube.
SOURCE Craneware