ATLANTA, Sept. 30, 2021 /PRNewswire/
-- Craneware (AIM: CRW.L), the healthcare market
leader in automated value cycle solutions, today announced the
release of Trisus Pharmacy Financial Management to all U.S.
hospitals and health systems. Powered by Craneware's SaaS-based
Trisus platform, the module helps transform the business of
pharmacy by contextualizing data from drug purchases, claims and
payments, providing a revolutionary analysis of medication
financial performance. Following the recent availability of CRCA™
P&T by Agilum Healthcare Intelligence®, a Craneware company,
which incorporates real-world data into pharmacy analytics,
Craneware now has two innovative solutions to help providers manage
the increasing costs of pharmacy services.
Today, pharmacy leaders have limited, or no visibility into what
they are being reimbursed for medications despite being responsible
for these large budgets. Through use of Trisus Pharmacy Financial
Management, these leaders can make more informed decisions in
critical business areas by answering the following questions:
- Should we add new, expensive medications to the formulary?
- Should we open a new infusion center?
- Should we expand and grow service lines such as oncology and
neuro?
- Are there alternative medications which would result in more
favorable financial impact?
"Conversations with pharmacy leaders across the country have
reinforced a persistent foundational gap hindering their ability to
optimize the pharmacy department's business performance," said
Tara Hanuscak, PharmD, MS, senior
vice president, Integrated Services Intelligence at Craneware.
"Trisus Pharmacy Financial Management provides leaders with
actionable insights into medication margins so they can make
strategic decisions that positively impact the organization's
bottom line."
"As U.S. healthcare providers continue to face pressure on
better management of costs while improving patient outcomes, Trisus
Pharmacy Financial Management improves the business of healthcare
at the critically important pharmacy level," said Craneware CEO
Keith Neilson. "Alongside the recent
release of our CRCA P&T, we remain laser-focused on helping
U.S. healthcare providers enhance operational efficiency and
compliance so they can re-invest in providing better care for those
who are in need."
Craneware's Trisus platform is a SaaS-based platform that
provides organizations with an opportunity to identify and manage
risks related to:
- Margin management and operational intelligence
- Transparent and defensible pricing
- Chargemaster completeness and accuracy
- Medical necessity and prior authorization
- Charge capture analysis
- 340B program and compliance
- Audit and denials management
- Supply chain and pharmacy margin management
- Formulary Management
- User adoption and customer success
About Agilum Healthcare Intelligence
Agilum
Healthcare Intelligence is an innovative pharmacy and financial
analytics company focused on utilizing real-world data to deliver
objective, real-world evidence for hospitals, life sciences
companies and payers. Our proprietary Comparative Rapid Cycle
Analytics® (CRCATM) P&T solution leverages a revolutionary
longitudinal census population database to help healthcare leaders
make more informed formulary decisions that reduce costs and
improve quality of care, while our advanced Service Line Costing
& Profitability platform enables insights within the healthcare
organization to help manage profitability, boost departmental
efficiency and optimize revenues. Our goal is simple: to drive
better outcomes while leading the transition to value-based care.
Visit agilum.com.
About Craneware
Craneware (AIM: CRW.L), the leader in automated value cycle
solutions, collaborates with U.S. healthcare providers to plan,
execute and monitor financial and operational 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®, continually
earns KLAS recognition in the Revenue Cycle – Chargemaster
Management category and is part of our value cycle management
suite, which includes charge capture, strategic pricing,
340B compliance, 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