Craneware plc Strategic Partnership with Aridhia Informatics (9962G)
10 March 2015 - 6:04PM
UK Regulatory
TIDMCRW
RNS Number : 9962G
Craneware plc
10 March 2015
10 March 2015
Craneware plc
("Craneware", "the Group" or the "Company")
Strategic Partnership with Aridhia Informatics
10 March 2015 - Craneware (AIM: CRW.L), the market leader in
automated revenue integrity solutions for the US healthcare market,
is pleased to announce that it has entered into a strategic
partnership with Aridhia Informatics ("Aridhia"), the
Edinburgh-based health informatics company.
This partnership will enable Craneware to offer Aridhia's core
services which includes their collaborative analytics platform,
data science service and app development capability to Craneware's
extensive client base on an exclusive basis. With solutions that
focus on patient outcomes, this partnership supports Craneware's US
healthcare offering and extends Aridhia's healthcare client base
outside the UK, Australia and Kuwait.
During the last 15 years, one quarter of all registered US
hospitals have chosen Craneware's medical billing software
solutions to assist them on their journey to improved financial
performance and revenue integrity. This partnership with Aridhia
will support these hospitals' growing requirement for informatics
solutions at a time when a growing number of medical insurers are
moving away from fee-for-service towards performance-based
reimbursement.
Keith Neilson, CEO of Craneware plc commented, "We are pleased
to bring the analytics agility platform to our client base,
offering Aridhia's expertise in utilising clients' data to improve
patient outcomes."
David Sibbald, CEO of Aridhia, said: "US healthcare providers
have traditionally focused on financial outcomes and cutting costs
but they are increasingly adopting a patient centric approach which
will, in turn, have a positive effect on their bottom line.
Craneware works with some of the biggest healthcare providers in
the US so we're very pleased to be partnering with them and using
our integrated healthcare informatics solutions to deliver better
operational results for the Craneware customer, hospitals and
therefore, better health outcomes for their patients."
For further information, please contact:
Craneware plc Peel Hunt Newgate
+44 (0)131 550 +44 (0)20 7418
3100 8900 +44 (0)20 7653 9850
Keith Neilson, Dan Webster Tim Thompson
CEO
Craig Preston, Richard Kauffer Ed Treadwell
CFO
About Craneware
Founded in 1999, Craneware has headquarters in Edinburgh,
Scotland with offices in Atlanta, Arizona, Massachusetts and
Tennessee employing over 200 staff. Craneware is the leader in
automated revenue integrity solutions that improve financial
performance for healthcare organisations. 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 optimises
reimbursement, increases operational efficiency and minimises
compliance risk. By partnering with Craneware, clients achieve the
visibility required to identify, address and prevent revenue
leakage. To learn more, visit craneware.com.
About Aridhia Informatics
Aridhia is a world-leading health informatics company developing
technology and capability that supports the management of chronic
diseases, personalised medicine and biomedical research through the
use of biomedical informatics and analytics. Operating
internationally on chronic disease management projects in Kuwait,
Australia, England and Scotland, Aridhia works closely with
governments, health organisations, research collaborations and
academic institutions.
Aridhia was co-founded in 2007 by Dr David Sibbald a software
entrepreneur, philanthropist and Vice-President of UK UNICEF, the
United Nations children's fund; and Professor Andrew Morris who is
Chief Scientist for Health in Scotland and recently took up the
position as Professor of Medicine, Director of the Institute of
Population Heath Sciences and Informatics and Vice-Principal of the
University for Data Science at the University of Edinburgh.
Based in Edinburgh and Glasgow, Aridhia are made up of a
multi-disciplinary team of 55, data scientists, clinicians,
computer scientists, software developers and healthcare
experts.
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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