ATLANTA, Oct. 8, 2013 /PRNewswire/ -- With the pace
of change in the healthcare industry continuing to accelerate,
hospitals are striving to deliver quality care at sustainable
costs. Revenue integrity – the achievement of operational
efficiency, compliance and legitimate reimbursement – is a key to
achieving this goal. One hospital system successfully implementing
a revenue integrity strategy is Intermountain Healthcare, an
internationally recognized system of 23 not-for-profit hospitals
based in Salt Lake City.
Craneware, Inc., the market leader in automated revenue integrity
solutions, today announced it will present alongside Intermountain
at the 2013 MAP Event, the Healthcare Financial Management
Association's (HFMA) annual revenue cycle conference for provider
organizations.
Todd Craghead, Vice President of
Revenue Cycle at Intermountain, and Jolene
Howard, Craneware business solutions consultant, will lead a
presentation titled, "Structuring Multidisciplinary Teams for
Revenue Cycle Improvement," on Monday,
October 28 from 7:15-8:30 a.m.
EST in Fort Lauderdale,
Fla. During the session, Intermountain will detail its
five-part strategy for improving enterprise-wide revenue integrity.
Intermountain's process included: building a multidisciplinary team
with department-specific representatives, providing ongoing
education and training on best practices, leveraging technology,
and establishing a proactive system for ensuring data alignment.
Presenters will relate the results of their initiative to the
HFMA MAP Keys which serve as unbiased indicators that can be used
to accurately measure revenue cycle performance.
"For healthcare organizations today, financial success requires
more than just cost reduction and defensive strategies. Instead,
organizations need to proactively implement revenue cycle
strategies and process improvements to achieve revenue integrity,"
said Keith Neilson, Craneware CEO.
"Intermountain is a great example of how a consistent, proactive
revenue integrity program can achieve results. It is a privilege to
present alongside our client Intermountain as they share their
success with the HFMA community."
Craneware's Chargemaster Toolkit®, Chargemaster Corporate
Toolkit®, Online Reference Toolkit®, Bill
Analyzer and Interface Scripting Module products have met specific
criteria developed under the HFMA Peer Review Process earning the
"Peer Reviewed by HFMA®" standard. (*HFMA does not endorse or
guarantee the use of these products).
About HFMA
The Healthcare Financial Management
Association (HFMA) provides the resources healthcare organizations
need to achieve sound fiscal health in order to provide excellent
patient care. With more than 37,000 members, HFMA is the nation's
leading membership organization of healthcare finance executives
and leaders. HFMA helps its members achieve results by providing
education, analysis, and guidance, and creating practical tools and
solutions that optimize financial management. The organization is a
respected and innovative thought leader on top trends and
challenges facing the healthcare finance industry.
About Intermountain
Intermountain Healthcare is
an internationally recognized, nonprofit system of 23 hospitals, a
Medical Group with more than 185 physician clinics, and an
affiliated health insurance company, SelectHealth. Our 33,000
employees serve patients and plan members in Utah and southeastern Idaho. Whether you need a flu vaccination or
the latest in cancer treatment, we offer a full range of services,
from urgent care to home care to the region's most advanced trauma
centers. Providing excellent care of the highest quality at an
affordable cost is at the heart of our mission.
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.