Craneware and OhioHealth Selected to Present on Pharmacy Revenue Integrity at HFMA ANI 2016
Experts to Share Best Practices for Optimizing Medication Charge Capture and Increasing Overall Financial Performance
ATLANTA, May 31, 2016 /PRNewswire/ -- (HFMA ANI Booth #403) – Craneware, Inc., the healthcare market leader in automated value cycle solutions, today announced it was selected to present at the 2016 Healthcare Financial Management Association's Annual National Institute (HFMA ANI 2016) alongside its client, OhioHealth, an 11-hospital, non-profit health system in central Ohio.
Craneware's Client Success Manager, Emily Casto, and OhioHealth's Business Director of Pharmacy Services, Tara Hanuscak, will lead a session titled, "Establishing a Pharmacy Revenue Integrity Program," on Tuesday, June 28th from 3:30pm to 4:45pm (PDT). The presentation will describe how OhioHealth implemented a combination of technologies and best practices to ensure optimal medication charge capture, minimize compliance risk and establish ownership of pharmacy revenue cycle functions across the organization.
"In today's value-based care world, pharmacy departments need to ensure they capture and retain all revenue earned. To do this, organizations need to foster enterprise-wide alignment and ensure that the right processes and technologies are in place," said Hanuscak. "By partnering with Craneware, we have been able to accomplish just that, and we look forward to sharing tips with attendees to help others adapt practices that support optimal financial performance."
"OhioHealth's program's success is due to thoughtful planning and careful execution, emphasizing minimizing compliance risks and establishing accountability for charge capture processes," said Casto. "We are proud to share our story of how a system-wide focus on revenue integrity spurred a cross-departmental effort to improve operational efficiency and increase financial performance."
This year at HFMA ANI, Craneware will also be scheduling appointments for attendees to review a customized value cycle scorecard. The scorecard reviews the provider's key financial performance metrics against that of peers, highlighting potential areas for value cycle improvement.
HFMA ANI takes place at The Venetian and the Palazzo Hotel from June 26th-29th, 2016 in Las Vegas. Stop by booth 403 to learn more about how new and existing Craneware products help providers improve their value cycle performance. To schedule an onsite meeting with representatives from Craneware or OhioHealth, please contact Brittney Darner at [email protected].
About HFMA
With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of healthcare. hfma.org.
About Craneware
Craneware (AIM: CRW.L) is the leader in automated value cycle solutions that help provider organizations discover, convert and optimize assets to achieve the best clinical outcomes and financial performance. Our solutions normalize disparate data sets, bringing in up-to-date regulatory and financial compliance data to deliver value at the points where clinical and operational data transform into financial transactions, creating actionable insights that enable informed tactical and strategic decisions. Learn more at Craneware.com.
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SOURCE Craneware, Inc.
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