The Craneware Group


Provider of cloud-delivered SaaS and data solutions for financial, operational and pharmacy performance in US healthcare. Operates a cloud-based platform that ingests, centralises and normalises hospital financial, pricing and pharmacy transaction data to enable revenue integrity, pricing transparency, pharmacy program management (including 340B support), activity-based costing and workforce productivity analytics. Offers subscription SaaS, managed hosting, professional services for implementation and ongoing data processing, and regulatory/340B advisory resources for hospitals, health systems and affiliated pharmacies.

Industries

health-care
management-consulting
pharmaceutical
software

Nr. of Employees

large (251-1000)

The Craneware Group


Products

Integrated revenue integrity and pharmacy management platform

Cloud-based platform that centralises financial, chargemaster and pharmacy transaction data, applies analytics for revenue integrity, pricing and margin insights, supports pharmacy program management and rebate workflows, and exposes APIs for partner integrations.

Business decision support platform (activity-based costing)

Decision support system that merges financial, clinical and operational data using activity-based accounting to identify cost-based profitability by service line, enable service-line management, scenario modelling for growth or contraction, and support value-based care analyses.

Labor productivity analytics solution

Workforce analytics solution that integrates payroll, timecard, EMR/ADT and general ledger data to provide department-specific productivity KPIs, benchmarking, daily/bi-weekly/monthly reporting and predictive staffing models.

Medication analytics suite

Modular pharmacy applications that provide medication financial management, formulary reconciliation, claims adjudication automation and comparative analyses using longitudinal patient data to inform formulary decisions, reimbursement variance detection and programmatic improvements.

Contract pharmacy management and procurement platform

Applications to manage contract pharmacy relationships and procurement workflows that identify eligible dispensations, manage wholesaler integrations, track net 340B benefit by NDC/location and provide audit tools and reporting to support contract pharmacy operations and audit readiness.

Central pharmacy distribution software

Centralised distribution application that coordinates replenishment, central neutral inventory and compliance for multi-site systems distributing 340B and non-340B drugs from a central procurement process.


Services

Configuration, implementation, training, process redesign and consulting to support platform deployments and customer adoption, delivered via on-site and remote engagements or managed outsourcing.

Cloud-hosted managed service model enabling partner applications to be hosted, integrated and commercialised through public cloud marketplace channels and partner-hosted deployments.

Monitoring and interpretation of evolving federal and state healthcare regulations with advisory support for 340B compliance, rebate readiness, pricing transparency and related operational decisions.

Implementation, integration and support for workforce productivity analytics including integrations to payroll, timecard, EMR/ADT and general ledger, KPI configuration, training and ongoing technical support.

Expertise Areas

  • Revenue cycle integrity, chargemaster management and pricing transparency
  • SaaS platform architecture, cloud deployment and marketplace distribution
  • Healthcare data engineering and large-scale dataset governance
  • Machine learning and generative-AI for healthcare analytics and assistants
  • Show More (10)

Key Technologies

  • Cloud-based analytics platforms and public cloud infrastructure
  • Generative AI and large language models
  • Machine learning for predictive analytics and staffing models
  • Data integration, ETL and master data management
  • Show More (9)

News & Updates

Announced an alliance to publish selected platform applications on a public cloud marketplace and commence joint go-to-market activities.

Introduced an AI-driven assistant combining large language models with proprietary healthcare datasets to support compliance and research workflows for finance and operations teams.

Rebate-ready functionality for 340B rebate pilot workflows is available for demonstration, including eligibility identification, submission queues, conflict detection, rejection reconciliation and write-backs.

Unaudited interim results for six months ended 31 December 2024, reporting revenue, ARR, adjusted EBITDA and related financial metrics.

Ranked first in the Best in KLAS Software & Services category for chargemaster/charge capture solutions.

Maintained an externally validated security certification framework and periodic assessments for solutions and corporate services.


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