ATLANTA, Oct. 26, 2020 /PRNewswire/
-- Craneware (AIM: CRW.L), the healthcare market
leader in automated value cycle solutions, today announced the
availability of its Trisus Pricing Transparency application to all
U.S. healthcare providers. This solution enables forward-thinking
organizations to not only meet CMS Pricing Transparency Final
Rule requirements but ensures organizational pricing data is
most accurately represented for patients on an ongoing basis.
Providers who are interested in taking advantage of this no cost
offer should visit this page.
Craneware leverages analytics to assess market dynamics and
provide Trisus Pricing Transparency users with the following:
- Most commonly shopped items (specific procedures and DRGs)
- Top 300 shoppable services at a regional and national
level
- Comprehensive data sets showing national and regional variances
in pricing
- Proactive alerts regarding price outliers when compared to
competitors
With this information in hand, providers can partner with
Craneware to "re-balance" existing pricing strategies, ensure
compliance and maintain a competitive market advantage.
"The impact of this Pricing Transparency Final Rule definitely
extends beyond January 1, 2021.
That's why it's so important for healthcare providers to have an
agile, data-driven and sustainable pricing approach in both the
near- and long-term," said Brian
Workinger, senior vice president revenue intelligence for
Craneware. "With a team of proven pricing experts, a wealth of
automated data analysis capabilities and a tremendous breadth of
solution offerings, Craneware is uniquely qualified to help
providers turn this opportunity into a competitive advantage while
also engaging with consumers in a new and mutually beneficial
way."
Craneware will showcase Trisus Pricing Transparency during a
webinar titled "Trisus Pricing Transparency: Going beyond the
regulation" on Wednesday, October
28 and Thursday, October
29.
Craneware's Trisus platform is leading the industry's evolution
beyond traditional, "old-school" revenue cycle management and
towards value-based economics. The SaaS-based platform provides
organizations with an opportunity to identify and mange new risks
related to:
- Cost, margin and outcomes analytics
- Transparent and defensible pricing
- Chargemaster completeness and accuracy
- Medical necessity and prior authorization
- Charge capture analysis
- Audit and denials management
- Supply chain and pharmacy margin management
About Craneware
Craneware (AIM: CRW.L), the leader in automated value cycle
solutions, collaborates with all U.S. healthcare providers to plan,
execute and monitor value-based economic performance so they can
continue to drive better outcomes for the communities they serve.
Craneware's Trisus platform combines revenue integrity, cost
management and decision enablement into a single SaaS-based
platform. Our flagship solution, Chargemaster Toolkit®,
has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster
Management for 12 of the past 14 years and is part of our value
cycle management suite, which includes charge capture, strategic
pricing, claims analytics, patient engagement, revenue recovery and
retention, and cost and margin intelligence solutions. Learn more
at craneware.com.
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SOURCE Craneware