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Pricing and Chargemaster Summit

Craneware Pricing Strategy Experts to Speak at World Research Group Pricing and Chargemaster Summit.
Posted: 5/16/2006 10:57:32 AM

Orlando, Florida, May 16, 2006 – Craneware, Inc., a leading supplier of Chargemaster and revenue cycle software solutions, today announced that Sandy Rasmussen, Vice President of Operations for Craneware, and Christopher J. Donovan, Senior Director of Fiscal Services for Cleveland Clinic, will lead a session titled “Pricing: A Strategic Journey” at the upcoming World Research Group Pricing and Chargemaster Summit, May 17-19, 2006 in Las Vegas, Nevada.

The session will focus on the reasons pricing strategy has put customer satisfaction and operating margins to the test and logical steps to get back to defensible pricing, including the use of technology. Both Rasmussen and Donovan have been in the pricing field for over 20 years and will share their experiences on the customers’ view of the pricing strategy mission.

Craneware’s Chargemaster Toolkit Suite consists of Chargemaster Toolkit, the top-selling Chargemaster software tool that enables hospitals to correct, maintain and manage their CDM; Online Reference Toolkit™, a browser-based application that gives easy access to coding information; and Bill Analyzer Software™, a tool for identifying missing revenue opportunities at the billing level prior to submission. Similar to the Chargemaster Toolkit but designed for the clinical office setting, Physician Revenue Toolkit software addresses physician billing, coding accuracy and compliance.

About The Cleveland Clinic

Cleveland Clinic, located in Cleveland, Ohio, is a not-for-profit multispecialty academic medical center that integrates clinical and hospital care with research and education. Cleveland Clinic was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. U.S. News & World Report consistently names Cleveland Clinic as one of the nation’s best hospitals in its annual “America’s Best Hospitals” survey. Approximately 1,500 full-time salaried physicians at Cleveland Clinic and Cleveland Clinic Florida represent more than 100 medical specialties and subspecialties. In 2004, patients came for treatment from every state and 100 countries.

Cleveland Clinic website address is www.clevelandclinic.org

About Craneware

Craneware is the market leading supplier of financial software solutions that empower health care providers to improve daily operations, optimize revenue and encourage compliance and use information more efficiently to impact business decisions. The company is known for excellent chargemaster management and maintenance software and outstanding client support. Craneware, Inc. has more than 650 hospital customers throughout the United States.