ATLANTA, Oct. 28, 2014 /PRNewswire/ -- Craneware,
Inc., the healthcare market leader in automated revenue integrity
solutions, today announced it was selected to co-present alongside
California-based NorthBay
Healthcare (NorthBay), its client, at the 2014 Healthcare Financial
Management Association's (HFMA) MAP Event, which is focused on
revenue cycle excellence. NorthBay and Craneware presenters will
describe the hospital's modern charge-process that uses a revenue
integrity approach and automation to optimize operational
efficiency, reimbursement and compliance.
NorthBay's Senior Analyst CDM Paul Zosa, and Craneware's
Business Solutions Consultant Katharine Plemmons, MHA, will lead
the presentation, "Charge Capture Best Practices to Ensure
Compliance and Improve Financial Performance." The presenters will
share strategies used to address disconnects and support revenue
cycle knowledge across common department silos to establish an
effective charge-integrity process resulting in both revenue and
operational improvements. The presentation will be held in
Las Vegas on Monday, November 3, from 7
a.m. to 8 a.m. PST.
"Craneware recently surveyed healthcare financial professionals
about their top priorities and 40 percent of respondents said
improving charge capture processes was their primary focus," said
Keith Neilson, Craneware CEO. "The
HFMA MAP Keys provide a benchmark for many aspects of revenue cycle
performance, and the MAP event brings together innovative
organizations from across the country to share best practices for
meeting these metrics and ultimately achieving revenue integrity.
We're honored to present alongside our client, NorthBay, and share
their revenue integrity journey."
Five Craneware products have met specific criteria developed
under the HFMA Peer Review Process, earning the "Peer Reviewed by
HFMA®" standard for ten consecutive years.* These
products include Chargemaster Toolkit®, Chargemaster
Corporate Toolkit®, Online Reference
Toolkit®, Bill Analyzer and Interface Scripting Module.
(*HFMA does not endorse or guarantee the use of these
products).
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 NorthBay Healthcare
NorthBay Healthcare is a not-for-profit, community provider
organization serving the residents of Solano County, California. It has a 50-year
tradition of providing hospital and community services that are
offered by no other health care provider in the region. From
emergency care to surgery and specialty services, thousands of
people in Solano County rely on
NorthBay Healthcare for advanced and compassionate medical care.
NorthBay Medical Center was the first hospital in Solano County to achieve distinction as a
verified a Level II trauma center by the American College of
Surgeons, assuring that critically injured patients the highest
level of trauma care available outside of a university medical
center. For more information visit: www.northbay.org.
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.
*Craneware's Chargemaster Toolkit® ranks No. 1 in the
Revenue Cycle – Chargemaster Management market category for the
eighth year in a row (2006 – 2013), and Bill Analyzer ranks No. 1
in the Revenue Cycle – Charge Capture market category for the third
year in a row (2011 – 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
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SOURCE Craneware, Inc.