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ATLANTA, Feb. 28, 2019 /PRNewswire/ -- Craneware (AIM: CRW.L), the healthcare market leader in automated value cycle solutions, today announced the general availability of the newest product on its Trisus platform, Trisus Supply.
A recent case study on the operating room supply chain found that foundational data used in preference cards is often inaccurate, charges for supplies are manually maintained and error-prone, and billing is difficult due to vague charge descriptions, missing item numbers and inaccurate pricing.1 To improve these underlying issues in the supply chain, especially with high-dollar OR devices and supplies, healthcare organizations must have a way to bridge the gaps between data silos and improve the accuracy of the master data contained in the item master, chargemaster, and OR files.
Trisus Supply provides the only consolidated cloud-based view of data to help supply chain and revenue integrity leaders understand the impact of these three data silos. With this insight in hand, they can leverage the solution to:
"The addition of Trisus Supply further demonstrates a commitment to enhancing our innovative Trisus platform and providing the critical data insights needed for healthcare organizations to thrive in a changing healthcare financial industry," said Chief Technology Officer for Craneware, Marty Smith.
As the healthcare industry evolves beyond traditional, "old-school" revenue cycle management and towards value-based economics, outcomes are increasingly evaluated on both cost and quality of care. Craneware is uniquely qualified to partner with healthcare providers to plan, execute, and monitor the success of these critical initiatives. Click here to find out how.
1 https://rsmus.com/what-we-do/industries/health-care/operating-room-supply-chain-management-a-case-study-webcast-reca.html
About CranewareCraneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.
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A recent case study on the operating room supply chain found that foundational data used in preference cards is often inaccurate, charges for supplies are manually maintained and error-prone, and billing is difficult due to vague charge descriptions, missing item numbers and inaccurate pricing.1 To improve these underlying issues in the supply chain, especially with high-dollar OR devices and supplies, healthcare organizations must have a way to bridge the gaps between data silos and improve the accuracy of the master data contained in the item master, chargemaster, and OR files.
Trisus Supply provides the only consolidated cloud-based view of data to help supply chain and revenue integrity leaders understand the impact of these three data silos. With this insight in hand, they can leverage the solution to:
- provide visibility into variances between item master, chargemaster, and OR data – a view that other chargemaster solutions cannot provide;
- maximize supply chain automation by using this data to identify and target operational improvements;
- ensure cost-to-charge accuracy so issues can be discovered and corrected before billing is completed; and
- enhance compliance and improve claim accuracy by automatically identifying and recommending the accurate HCPCS code for codeable supply items.
"The addition of Trisus Supply further demonstrates a commitment to enhancing our innovative Trisus platform and providing the critical data insights needed for healthcare organizations to thrive in a changing healthcare financial industry," said Chief Technology Officer for Craneware, Marty Smith.
As the healthcare industry evolves beyond traditional, "old-school" revenue cycle management and towards value-based economics, outcomes are increasingly evaluated on both cost and quality of care. Craneware is uniquely qualified to partner with healthcare providers to plan, execute, and monitor the success of these critical initiatives. Click here to find out how.
1 https://rsmus.com/what-we-do/industries/health-care/operating-room-supply-chain-management-a-case-study-webcast-reca.html
About CranewareCraneware (AIM: CRW.L), the leader in automated value cycle solutions, collaborates with U.S. healthcare providers to plan, execute and monitor value-based economic performance. Our flagship solution, Chargemaster Toolkit®, has earned the KLAS No.1 ranking in Revenue Cycle – Chargemaster Management for 12 of the past 13 years and is part of our value cycle management suite, which includes charge capture, strategic pricing, patient engagement, claims analytics, patient engagement, revenue recovery and retention, and cost and margin analytics solutions. Learn more at craneware.com.
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SOURCE Craneware