ATLANTA, Dec. 9, 2014 /PRNewswire/ -- With healthcare
consolidation on the rise, Craneware, Inc., the healthcare market
leader in automated revenue integrity solutions, today announced
that Banner Health, one of the largest not-for-profit healthcare
systems in the US, has selected Craneware's Chargemaster Corporate
Toolkit® to support its ongoing growth and efficient integration
across newly acquired facilities.
Banner Health determined it needed a more modern and flexible
technology when its team strained to use their existing systems to
integrate newly acquired facilities into their chargemaster
management operations. To ensure the efficient on-boarding of new
facilities and enterprise-wide compliance with best practices, the
health system selected Craneware's flagship chargemaster solution
to improve financial performance, ensure compliance and achieve
revenue integrity across its growing organization.
"We're seeing great demand from organizations such as Banner who
are expanding through merger, acquisition and alliances and need
better charge management solutions to help them meet new
challenges," said Keith Neilson,
Craneware CEO. "Our ability to help automate processes that
historically have been incredibly resource intensive is an
eye-opening experience for organizations using older systems, and
we're delighted to help a widely recognized leader such as Banner
Health solve these challenges."
With Chargemaster Corporate Toolkit, Banner will be able to
manage multiple chargemasters across 25 hospitals and healthcare
facilities, proactively identifying and addressing opportunities
for revenue integrity improvements. Chargemaster
Toolkit® has ranked number one in the KLAS
Revenue Cycle – Chargemaster Management market category for the
past eight years.
"We looked at a number of solutions and based on our experience,
as well as what we were hearing from peers, we knew that Craneware
should be at the top of our list," said Dennis Dahlen, Banner Health CFO. "The
efficiency gains when integrating new hospital chargemasters have
been significant and we are confident the data is current and
complete."
To learn more about how hospitals and health systems can
proactively achieve revenue integrity advancement, visit
craneware.com and revenueintegrityjourney.com.
About Banner Health: From Alaska to Arizona, Banner Health is dedicated to
fulfilling the nonprofit mission of making a difference in people's
lives through excellent patient care. Based in Phoenix, Ariz., Banner Health is one of the
largest, nonprofit health care systems in the country. It
is the leading nonprofit provider of hospital services in all
the communities it serves. The Western Region facilities serve a
number of rural areas -- many are the only inpatient facilities
available within the community. To learn more visit
www.bannerhealth.com.
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
revenueintegrityjourney.com.
*Chargemaster Toolkit® is ranked No. 1
in the Revenue Cycle – Chargemaster Management market category for
the eighth year in a row (2006 – 2013), in the "2013 Best in KLAS
Awards: Software & Services" report, published January 2014. Data© 2014
KLAS Enterprises, LLC. All rights reserved.
www.KLASresearch.com
Photo -
http://photos.prnewswire.com/prnh/20121221/CL33999LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/banner-health-selects-craneware-300006855.html
SOURCE Craneware