Craneware Demonstrates Support for Community Hospitals: Encouraging a Focus on Revenue Integrity and Business Performance

ATLANTA, Sept. 19, 2012 /PRNewswire/ -- Community hospitals comprise the largest sector of the U.S. healthcare system according to the American Hospital Association's AHA Hospital Statistics 2012 edition, representing more than 85 percent of all registered U.S. hospitals, often serving a vital role as the sole source of acute care in many regions. The financial health of these organizations directly impacts their ability to deliver quality care in their communities. In order to continue providing access to quality care, hospitals need operational efficiency, regulatory compliance and consistent financial performance. In support of community hospital leaders' efforts to achieve these requirements, Craneware, Inc., the market leader in automated revenue integrity solutions, has announced it will sponsor the 2012 Community Hospital 100 Leadership and Strategy Conference (Community Hospital 100), to be held October 14-16, 2012 at the Ritz-Carlton Dove Mountain in Tucson, Arizona.

At the conference, Craneware's senior vice president, Karen Bowden, will facilitate a roundtable discussion amongst community hospital leaders. The roundtable, titled, "Handling Audits," will be held from 1:00-2:00 p.m. on Monday, October 15, and will give Bowden and her peers an opportunity to discuss the current state of the CMS Recovery Audit program (formerly known as RAC) and other audit programs. As a leading expert on audit prevention and appeal, Bowden will share her deep experience and insight into best practices for navigating the audit landscape. 

Community Hospital 100 provides a venue for industry thought leaders to exchange knowledge, insights and best practices in a collaborative forum, helping to strengthen a sector of healthcare that is often considered the foundation of the national healthcare system.  This year's conference will consist of educational sessions, executive roundtables and workshops focusing on closing the divide between current challenges and the expected clinical and payment models of the future.

"The community hospital segment of the U.S. healthcare system faces a multitude of challenges, from ever-changing regulatory requirements to an influx of new patients entering the healthcare system. As such, it is more important now than ever before for companies like ours to support these hospitals with technology and services that help to ensure solid financial performance by minimizing revenue leakage," said Craneware CEO, Keith Neilson. "We are excited to once again participate in the Community Hospital 100 Conference and work directly with hospital leaders to realize a unified goal of improving community hospital operations." 

Craneware Revenue Integrity Solutions^® 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^®, which 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.

About Lincoln Healthcare Events
Founded in 1998, Lincoln Healthcare Events is an independent organizer of executive leadership communities in healthcare. They strive to positively impact the quality and effectiveness of the U.S. healthcare system by delivering the single most valuable conference and community of healthcare executives in each of the sectors we serve. Lincoln Healthcare Events' conferences offer senior-level executives highly focused venues for understanding strategic trends, sharing best practices and building relationships.

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, code and retain earned revenue for patient care services and supplies. 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.