Craneware plc esMD Certification
29 Agosto 2012 - 8:02AM
RNS Non-Regulatory
TIDMCRW
Craneware plc
29 August 2012
29 August 2012 - RNS Reach
Craneware plc
("Craneware" or the "Company")
Craneware Certified by US Federal Agency to provide mechanism
for electronic submission of medical documentation
Craneware plc (AIM: CRW.L), the market leader in automated
revenue integrity solutions for the US healthcare market, today
announced that it has achieved Electronic Submission of Medical
Documentation (esMD) certification from the Centers for Medicare
and Medicaid Services (CMS). With this certification, Craneware is
now authorised to offer esMD gateway services to healthcare
organisations to enable the electronic submission of medical
records to auditors.
As one of only a small number of esMD-certified Health
Information Handlers (HIH), Craneware's InSight Audit(TM) solution
will enable the digital submission of medical record documentation,
facilitating the adoption of streamlined processes amidst
increasing healthcare audits. This capability will increase
efficiency of the audit process and assist hospitals and health
networks with the collection and retention of earned revenue to
improve the efficiency of audit defense, including Medicare
Recovery Audits (formerly RAC) and Medicare Administrative
Contractor (MAC) audits. In phase two of the esMD program, which
will begin in 2013, review contractors will also be able to
electronically send Additional Documentation Requests (ADR) to
providers via approved HIH vendors.
Keith Neilson, CEO of Craneware commented, "CMS' esMD program
increases the efficiencies around documentation requests to ensure
improper payments are handled as quickly as possible. Since the
early days of the RAC demonstration project, Craneware's InSight
Audit knowledgebase has grown and now, in becoming an
esMD-certified vendor, we have expanded the capabilities of our
Audit and Revenue Recovery solutions to support our clients'
document submission needs with CMS. As a certified esMD provider,
we help clients efficiently comply with documentation requests and
support CMS in its goal to transform electronic communications via
these gateways, particularly as esMD promises to become the future
of audit tracking."
For further information, please contact:
Craneware plc Peel Hunt Newgate Threadneedle
+44 (0)131 +44 (0)20 7418 +44 (0)20 7653
550 3100 8900 9850
Keith Neilson, Dan Webster Caroline Evans-Jones
CEO
Craig Preston, Richard Kauffer Fiona Conroy
CFO
Heather Armstrong
About Craneware
Founded in 1999, Craneware has headquarters in Edinburgh,
Scotland with offices in Atlanta, Arizona, Massachusetts and
Tennessee employing over 220 staff. Craneware is the leader in
automated revenue integrity solutions that improve financial
performance for healthcare organisations. 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 optimises
reimbursement, increases operational efficiency and minimises
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
Craneware's InSight Audit is a fully hosted, Web-based solution
that provides healthcare organizations with one central location
for managing all medical claims audits. The solution offers a full
set of features for submitting, tracking and appealing claims in
response to a range of audits, including Medicare Recovery Audits,
MAC audits, and commercial payor audits. Craneware's InSight Audit
Knowledgebase contains the latest information on best practices and
payment rules, providing valuable audit-specific content that
includes templates, checklists, and request forms.
Craneware Revenue Integrity Solutions(R) span four product
families: Audit & Revenue Recovery, Revenue Cycle, Supply
Management, and Access Management & Strategic Pricing.
Craneware developed the industry's first chargemaster management
solution, Craneware's Chargemaster Toolkit(R) has ranked number one
in the KLAS Revenue Cycle - Chargemaster Management market category
for the past six years. In 2011 Craneware's Bill Analyzer achieved
number one ranking in the KLAS Revenue Cycle - Other market
category.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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