Craneware, an Atlanta-based value cycle solutions company, announced a new version of its pharmacy billing workflow Pharmacy ChargeLink that aims to simplify billing compliance for hospitals.
"With frequent pricing changes and new drugs always being added to the market, it is becoming increasingly difficult for provider organizations to stay on top of pharmacy charges, and many organizations wind up leaving significant revenue on the table," said Craneware acting vice president of strategic messaging and solutions owner Kathy Schwartz.
The new version of Craneware's software includes more than 12 new features to streamline the increasingly complicated process of monitoring and managing enterprise-wide pharmacy charges.
Here are three ways the enhancements are designed to assist healthcare clients:
1. The new version includes features aimed to help billing professionals prioritize high impact cost variances and other revenue areas affecting financial performance.
2. The software offers enhanced support for organizations billing under the 340B Drug Pricing Program.
4. The new version offers streamlined importing processes to identify billing and compliance issues found in clinical workflow systems.
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