Ellenville Regional Hospital Selects Craneware Solution to Ensure Accurate Chargemaster Data Prior to EHR Implementation

New York Critical Access Hospital Selects Craneware Chargemaster Toolkit® - CAH to Automate Chargemaster Processes

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Sep 22, 2011, 09:00 ET

ATLANTA, Sept. 22, 2011 /PRNewswire/ -- Ellenville Regional Hospital, a New York-based, 25-bed Critical Access Hospital (CAH), has selected Craneware's Chargemaster Toolkit – CAH solution to automate its chargemaster management processes. Craneware, Inc., the market leader in automated revenue integrity solutions, today announced the selection, which will help ensure accurate data for Ellenville's forthcoming electronic health record (EHR) implementation.

Craneware's Chargemaster Toolkit – CAH is a web-based chargemaster management solution designed and priced specifically for CAHs. This application will provide Ellenville staff with easy access to all the specific information required for successful coding and charge line-item creation as well as current regulatory information.

Ellenville Regional Hospital is working toward a hospital-wide EHR implementation with an ultimate goal of improving patient care and qualifying for meaningful use under the HITECH Act. To achieve potential financial performance improvement from implementing EHRs, data transmitted via the EHR must translate into accurate charge data.

"Strategically, we feel that we cannot efficiently implement an EHR, and thereby achieve meaningful use and qualify for incentive funds, without first ensuring the accuracy of chargemaster data," said Patricia Gavis, VP & CFO, Ellenville Regional Hospital. "Craneware's Chargemaster Toolkit – CAH offers a unique, affordable solution that will help us meet our revenue goals, as well as compliance and reimbursement objectives. Furthermore, it inspires much confidence that this solution was developed specifically for use in CAHs, like Ellenville."

"Critical Access Hospitals face the same coding, charge-capture and compliance issues as larger hospitals, but with a smaller IT staff and budget. Craneware designed and priced this CAH-specific version of Chargemaster Toolkit to meet the needs of this critical segment of the market," said Keith Neilson, CEO, Craneware. "We are thrilled to enable forward-thinking hospitals, like Ellenville Regional Hospital, to optimize legitimate reimbursement, ensure compliance and boost operational efficiency."

One quarter of registered U.S. hospitals use Craneware Revenue Integrity Solutions™. Craneware's Chargemaster Toolkit® is ranked number one in the KLAS Revenue Cycle – Chargemaster Management market category in the "2010, 2009, 2008, 2007 and 2006 Top 20 Best in KLAS Awards: Software & Professional Services," December, 2010. © 2010 KLAS Enterprises, LLC. All rights reserved. www.KLASresearch.com.

Craneware will exhibit at the National Rural Health Association's Critical Access Hospital Conference, from September 28 to 30 in Kansas City, MO, in booth #102.

About Ellenville Regional Hospital

Ellenville Regional Hospital is a 25-bed rural critical access hospital located in Ulster County, NY. The hospital offers a wide range of services and has won numerous awards for operational efficiency and quality care, including a 2010 Quality and Patient Safety Award from the Northern Metropolitan Hospital Association (NorMet) Patient Safety Institute for reducing the average length of stay in the Emergency Department to less than 100 minutes, and four Patient Safety and Clinical Pharmacy Services Collaborative awards: one of each awarded by the Health Resources and Services Administration (HRSA) in 2009.

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