ATLANTA, Jan. 4, 2012 /PRNewswire/ -- Craneware,
Inc., the market leader in automated revenue integrity solutions,
announced today that its Bill Analyzer solution was named #1 in the
Revenue Cycle - Other market category and its Chargemaster Toolkit®
ranked first in the Revenue Cycle - Chargemaster Management market
category for the sixth consecutive year in the "2011 Best in KLAS
Awards: Software & Services" report.
KLAS, the leading source of healthcare information technology
vendor performance metrics, determines its rankings based on the
overall customer satisfaction score for a vendor's products. KLAS
rankings also are based on direct, detailed feedback from
healthcare providers across North
America.
"We are thrilled to achieve this honor for both Craneware's
Chargemaster Toolkit and now Bill Analyzer as well. It is very
gratifying to see the software helping our healthcare customers
improve financial performance so they can successfully serve their
communities," said Keith Neilson,
CEO of Craneware. "Preventing sources of revenue leakage and
ensuring charges accurately comply with changing requirements for
payment is especially vital today. Earning this prestigious
recognition for two distinct products, particularly for their
functionality, service and support, demonstrates Craneware's
commitment to quality solutions that help healthcare organizations
attain sustainable revenue integrity."
Craneware's Bill Analyzer helps healthcare organizations improve
charge capture by identifying sources of revenue leakage and
categorizing areas of risk, resulting in cleaner, more compliant
claims for optimal accurate reimbursement. By identifying patterns
of charging behavior and the root causes of charge issues, the
software helps prevent those issues from recurring and requiring
added administrative effort.
Craneware's Chargemaster Toolkit is the industry leading
automation solution for effective chargemaster management. As
the cornerstone of Craneware's commitment to help U.S. healthcare
organizations achieve and sustain revenue integrity, the software
automates chargemaster management processes and workflow to help
ensure charges are correct, complete and compliant for obtaining
earned reimbursement. Chargemaster Toolkit has proven effective in
improving financial performance, operational efficiency and
compliance for healthcare organizations of all sizes, from large
integrated delivery networks to community and critical access
hospitals.
About KLAS
KLAS is a research firm specializing in monitoring and
reporting the performance of healthcare vendors. KLAS' mission is
to improve delivery, by independently measuring vendor performance
for the benefit of our healthcare provider partners, consultants,
investors, and vendors. Working together with executives from over
4500 hospitals and over 2500 clinics, KLAS delivers timely reports,
trends, and statistics, which provide a solid overview of vendor
performance in the industry. KLAS measures performance of software,
professional services, and medical equipment vendors.
For more information, go to www.KLASresearch.com, email
marketing@KLASresearch.com, or call 1-800-920-4109 to speak with a
KLAS representative.
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 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.
SOURCE Craneware, Inc.