Craneware plc (CRW)

Overview

Craneware plc, founded in 1999 and based in Edinburgh, United Kingdom, is a prominent player in the healthcare software industry, primarily serving the United States market. The company specializes in the development, licensing, and support of computer software designed to enhance financial performance and operational efficiency within the healthcare sector. Craneware is dedicated to providing innovative solutions that address a wide range of challenges faced by healthcare providers, focusing on pricing transparency, charge capture, audit management, and medication tracking, among others.

Products and Services

Craneware offers an extensive portfolio of products and services designed to support healthcare organizations in various operational and financial processes:

• Trisus Pricing Transparency: A software solution that enables healthcare organizations to comply with pricing transparency regulations, helping patients understand their healthcare costs upfront.
• Trisus Pricing Analyzer: This tool simplifies and automates the process of modeling pricing strategies, allowing institutions to quickly adjust to market changes and optimize revenue.
• Trisus Chargemaster: An automated management solution for the chargemaster, assisting hospitals in maintaining accurate and compliant charge data.
• InSight Medical Necessity: Provides checks for medical necessity against United States payors’ criteria, reducing the risk of claim denials.
• Trisus Claims Informatics: A retrospective charge capture application that identifies areas of risk, enabling healthcare teams to investigate and rectify potential lost revenue.
• Trisus Supply: A solution focused on improving the reimbursement process for supplies, ensuring accurate billing and revenue recognition.
• InSight Audit: An audit management solution designed for both government and commercial payors to streamline the audit process, enhancing efficiency and compliance.
• Decision Support Tools: Including Trisus Decision Support, Trisus Labor Productivity, Trisus Medication Analytic solutions, and Trisus supplies assistant solutions, these tools aid healthcare organizations in making informed decisions about labor, medication management, and supplies.
• Sentinel & Sentrex: Sentinel offers a drug tracking solution, while Sentrex is a SaaS-based solution aiding entities in expanding medication access efficiently and compliantly.
• Referral Verification System: Ensures that referrals are verified, facilitating smooth patient transitions between care settings.
• Central Pharmacy Distribution: A centralized purchasing application that optimizes pharmacy supply chain and inventory management.
• Professional Services: Craneware also provides a range of professional services, including appeal services, professional consulting, and pharmacy professional services, to support the implementation and optimization of its software solutions.