LONDON, July 14, 2011 /PRNewswire/ -- Craneware's
co-founders, childhood friends who are now healthcare technology
industry leaders, accepted an award today at Buckingham Palace from
The Queen's Awards for Enterprise 2011 in the International Trade
category. More than twelve years ago, Craneware's co-founders, CEO
Keith Neilson with CTO and President
of U.S. Operations Gordon Craig,
introduced U.S. healthcare's first effective chargemaster
management software. Today, Craneware is the market leader in
automated revenue integrity solutions for U.S. healthcare serving
nearly 1,500 healthcare organizations. The award recognizes
Craneware's success in international trade, as the organization has
more than doubled its U.S. revenue since 2005, totaling more than
$200 million in international sales
during the period.
The Queen's Awards are the U.K.'s highest honor recognizing
business acumen and success. The Queen's Awards for Enterprise in
International Trade are given to businesses with outstanding
achievement in international trade, resulting in significant growth
in overseas earnings and in commercial success over a period
greater than three years. They are determined each year by the
Queen, on the advice of the Prime Minister, and announced on
April 21, Her Majesty's birthday.
"After representing the Craneware team at Buckingham Palace, one
of the most recognizable significant settings in the world, I could
not be filled with a greater sense of pride and accomplishment"
said Neilson. "Craneware being recognized by the Queen for
achievement in international business is momentous, particularly
when considering the remarkably challenging global economic climate
of recent years."
"When Keith and I wrote computer games together as kids, we
never envisioned the two of us would be leading such a talented
team of individuals to create leading products for US hospitals,"
said Craig. "It is very gratifying to see that coming to fruition
today, recognized in such a grand venue. As we accept this honor on
behalf of the Craneware team, we are very aware that we would not
be here today without the great efforts of clients and staff that
have collaborated with us in innovating healthcare industry
solutions over the years. I wish they could all be here with us for
this remarkable experience."
Headquartered in Scotland,
Craneware is one of the fastest growing software companies in the
U.K. and one of the most highly rated healthcare IT stocks. Founded
in 1999, Craneware introduced the first automated chargemaster
management solutions for U.S. hospitals. By 2000, Craneware had
signed and implemented solutions for more than 20 customers,
establishing a strong growth pattern which continues to increase.
Today, Craneware's customer base is approaching 1,500 healthcare
provider organizations -- ranging from critical access and
community hospitals to the largest integrated delivery networks.
Craneware's success in business is attributed to a proven track
record of listening to clients, providing unparalleled customer
support and innovating effective solutions that meet healthcare
industry needs by improving financial performance through revenue
integrity.
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 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.
SOURCE Craneware