Catholic Health East Selects Craneware's Revenue Management Solutions
Health System to Utilize Software and Services to Improve Financial Performance for 16 Facilities in Eight States
ORLANDO, Fla., June 23, 2008 – Craneware, Inc., a recognized leader of solutions that improve the financial performance of healthcare organizations, today announced that Newtown Square, Pa.-based Catholic Health East has purchased its Chargemaster Toolkit® suite of products for use at the system's headquarters and 16 acute-care facilities in eight states.
"Craneware will help us design and implement a sustainable CDM maintenance process that is automated and will better support our ministry hospitals. It will promote a clear understanding of accountabilities across all stakeholders within the Catholic Health East system," said Peter DeAngelis, Jr., FHFMA, CPA, chief financial officer for Catholic Health East.
The multi-institutional Catholic health system will use a number of Craneware’s products and services including:
Catholic Health East will also utilize the Craneware Business Solutions Group services to develop system standard, policies, and procedures to assure consistent charge capture, billing and pricing methods across the enterprise. This partnership will ensure that the software is implemented using a best-practice approach so that the system reaps the maximum benefits from each application.
"We are honored that a prestigious system like Catholic Health East has placed such a high level of confidence in our ability to achieve accurate reimbursement, support compliance, and bring efficiencies to their daily operations," said Jim Wilson, president of Craneware, Inc.
Catholic Health East is a multi-institutional Catholic health system, which is co-sponsored by 10 religious congregations, and Hope Ministries, a Public Juridic Person within Catholic Health East. Based in Newtown Square, Pa., the System provides the means to ensure the continuation of the Catholic identity and operational strength of the sponsors' health ministries, which are located within 11 eastern states from Maine to Florida. In addition to acute care hospitals, the system includes four long-term acute care hospitals, 36 freestanding and hospital-based long-term care facilities, 12 assisted living facilities, five continuing care retirement communities, eight behavioral health and rehabilitation facilities, 25 home health/hospice agencies, and numerous ambulatory and community-based health services. Catholic Health East facilities employ approximately 50,000 full-time employees as partners in ministry. Visit www.che.org
Craneware partners with healthcare organizations to improve returns, increase productivity and manage risk, driving better financial and operational performance using market-driven revenue management solutions. By enhancing revenue capture processes, Craneware solutions allow those organizations to optimize reimbursement, improve operational efficiency, and support compliance. Visit www.craneware.com