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Craneware to Offer Financial Performance Solutions to Hospitals and Healthcare Providers Through Premier, the Largest U.S. Healthcare Alliance
Date:4/6/2009

ATLANTA, April 6 /PRNewswire/ -- Today, Craneware, Inc. (AIM: CRW.L), the healthcare industry's trusted market-leading provider of financial performance solutions, announced an agreement with Premier Purchasing Partners, LP, the group purchasing unit of Premier Inc. Under the agreement, Premier Purchasing Partners will introduce pre-negotiated pricing and terms for Craneware financial performance software and services to its more than 2,100 member and client hospitals and more than 54,000 other healthcare providers. By enhancing revenue capture processes, Craneware solutions allow clients to optimize reimbursement, improve operational efficiency and support compliance.

Effective April 1, 2009, the 36-month agreement includes: Chargemaster Toolkit(R), the original solution for management of the Charge Description Master (CDM); Online Reference Toolkit(R), a Web-based tool for reducing risk by providing access to reference and regulatory resources; Bill Analyzer, software for identifying lost revenue in charge capture processes; Physician Revenue Toolkit(R), software for managing a physician group's charges, codes, RVUs, fee schedules, and related information; Patient Charge Estimator(TM), a tool for simplifying the processes of providing charge estimates; and Pharmacy ChargeLink(TM), a pharmacy supply application providing an automatic connection between a hospital's pharmaceutical purchasing and billing processes.

"Premier is committed to providing our members with systems and solutions that improve quality, safety, manage risk and reduce costs," said Mike Alkire, president of Premier Purchasing Partners.

"We're excited about our relationship with Premier and are glad to help Premier hospitals and healthcare organization members realize the benefits of improved financial performance," said Craneware CEO Keith Neilson. "T
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SOURCE Craneware, Inc.
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