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Presentation to Detail Best Practices for Optimizing Revenue Integrity Strategy in a Critical Access Hospital Setting
ATLANTA, Sept. 25, 2013 /PRNewswire/ -- Today more than 62 million rural residents rely on CAHs for access to primary, acute and 24-hour emergency healthcare services, yet more than 41% of CAHs are operating at a financial loss. In order to have financial sustainability, CAHs must implement tools and best practices to make strategic shifts towards a culture of revenue integrity. Craneware, Inc., the healthcare market leader in automated revenue integrity solutions, today announced that its client, Ellenville Regional Hospital, an award-winning critical access hospital located in New York, will present alongside Craneware on best practices for critical access hospitals' financial performance at the National Rural Health Association's Critical Access Hospital Conference (NRHA CAH) 2013.
Ellenville Regional Hospital's Senior Vice President and CFO, Patricia Gavis, CPA, will join Craneware Business Solutions Consultant Marge Gray in a presentation titled, "Leveraging Revenue Integrity Strategy to Optimize Financial Performance." This presentation will take place on Friday, October 4, at 9:30 am, and will describe Ellenville Regional Hospital's successful journey to revenue integrity. During the NRHA CAH event, Ellenville Regional Hospital will also be accepting the "Top 20 Critical Access Hospitals for Quality" award.
"Critical access hospitals face the same challenges as larger healthcare organizations and often have a smaller budget and fewer IT staff to work with," said Keith Neilson, Craneware CEO. "We look forward to presenting alongside Ellenville Regional Hospital at the NRHA CAH 2013 conference and hope that Ellenville's successful journey to revenue integrity will inspire other healthcare leaders to make similar strides to ensure successful financial performance."
To learn more about Craneware's industry leading revenue integrity solutions, including the #1 in KLAS* Chargemaster Toolkit®, Bill Analyzer, and Online Reference Toolkit®, visit Craneware's booth, #108, during NRHA CAH 2013 in Austin, Texas from October 2 - 4, 2013.
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 2013 IPRO Quality Award for improving the quality of care provided to New York's Medicare beneficiaries, and a 2013 ERH Amerinet "Leap to Excellence in Patient Safety" award.
The National Rural Health Association (NRHA) is a national nonprofit membership organization with more than 20,000 members. The association's mission is to provide leadership on rural health issues. NRHA membership consists of a diverse collection of individuals and organizations, all of whom share the common bond of an interest in rural health.
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 helps customers optimize reimbursement, increase operational efficiency, minimize compliance risk, and retain more earned revenue. 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.
*Chargemaster Toolkit® is ranked No. 1 in the Revenue Cycle – Chargemaster Management market category for the seventh year in a row (2006 – 2012), and Bill Analyzer is ranked No. 1 in the Revenue Cycle – Other market category the second year in a row (2011 – 2012 ) in the "2012 Best in KLAS Awards: Software & Services" report, published December 2012. Data © 2012 KLAS Enterprises, LLC. All rights reserved. www.KLASresearch.com
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