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Chicago – June 23, 2014 – The Healthcare Financial Management Association (HFMA) recognized five Craneware products at ANI: HFMA’s 2014 National Institute in Las Vegas, for earning the "Peer Reviewed by HFMA®" standard every year since 2004, the first year of the Peer Review program.
The Craneware products receiving this distinction include Chargemaster Toolkit®, Chargemaster Corporate Toolkit®, Online Reference Toolkit®, Interface Scripting Module, and Bill Analyzer: the only healthcare products and services to earn this designation every year since the inception of the program.
“We are delighted to earn the prestigious HFMA Peer Review designation yet again for our automated revenue integrity solutions,” said Craneware CEO, Keith Neilson. “It’s a testament to our solutions’ ability to effectively enable hospitals and health systems to achieve revenue integrity. We also congratulate HFMA on its tenth anniversary of the Peer Review program, which industry leaders recognize as one of HFMA’s most valuable and highly respected resources.”
HFMA's Peer Review process provides healthcare financial managers with an objective, third-party evaluation of products and services used in the healthcare workplace. The rigorous, eleven-step process includes a Peer Review panel review comprised of current customers, prospects who have not made a purchase, and industry experts. Peer Review status of the product or service and its performance claims are based on effectiveness, quality and usability, price, value, and customer and technical support.
"We are pleased to honor the Craneware team for achieving this milestone in the HFMA Peer Review program," says HFMA President and CEO Joseph J. Fifer, FHFMA, CPA. "The fact that five of Craneware’s products earned this exclusive designation year after year for a decade, demonstrates their organization’s commitment to offering lasting solutions to our members and constituents.”
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 health care.
Karen Thomas(708) 492-3377
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.
Katie SchurAria Marketing (for Craneware)(617) 332-9999 ext. 214
Russ Graney, founder and CEO for Aidin, and John Laursen, head of business development for Aidin, share insights on how to improve care transitions between acute and post-acute care settings and incentivize high-quality patient outcomes.
Scott Elston, strategic accounts manager, GE Healthcare Services, describes how substantial cost reduction in health care requires rethinking business strategy and asset use.
Robert Williams, MD, director, Deloitte Consulting LLP, and Arielle Freiberger, product strategist, ConvergeHEALTH by Deloitte, explain how sophisticated retrospective, real-time, and predictive data analytics can inform decision making to reduce costs and improve care.
Stuart Hanson, director of business development (healthcare solutions) at Citi Retail Services, discusses how improving the payment experience can benefit consumers and healthcare providers.
Scott Schmidt, vice president, Cerner RevWorks, LLC, shares insights on best practices for maximizing a revenue cycle management partnership.
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