15.06.2009 15:00:00

Introducing the Amerinet Alliance for Financial Efficiency

Amerinet Inc., a leading national healthcare group purchasing organization, today introduced the Amerinet Alliance for Financial Efficiency. To meet today’s challenging trends of increasing self-pay and uninsured patients, ever-changing regulatory requirements, competition and tightening margins, Amerinet has created an alliance of market-leading companies providing best-of-class revenue cycle and financial performance improvement solutions that support hospitals of all sizes, quickly, cost-effectively, strengthening financial performance.

"Joining with Craneware and Perot Systems to form the Amerinet Alliance for Financial Efficiency offers our members the most effective approach to end-to-end revenue cycle management and financial performance improvement,” said Randy Walter, Amerinet executive vice president. "The Alliance will assist facilities in achieving a compelling increase in net cash, with less cost and more patient satisfaction.”

"Aligning the industry’s best solutions, each focused on their areas of expertise, creates a pivotal opportunity for hospitals at this time when optimized reimbursement, improved operational efficiency and compliance are most critical,” said Craneware CEO Keith Neilson. "The Alliance lets Amerinet members more quickly, easily and cost-effectively achieve the financial health needed to best serve their communities. We applaud Amerinet for bringing its members great value, best practices and the power to work smarter instead of harder.”

The Alliance’s best-in-class software, services and support focus on specific areas encompassing: scheduling, pre-registration, patient access and estimates, charge capture, coding, utilization, collection, accounts receivable management and remittance processing. Supply management solutions include the industry’s first and only pharmacy supply application that connects siloed pharmaceutical purchasing and billing information for improved charge capture, pricing and cost management.

"We are excited about our alliance with Amerinet and Craneware. With this alliance, we will be working with two top-notch organizations to help healthcare organizations reap the tangible financial benefits of end-to-end revenue cycle solutions. Perot Systems is focused on the vision of improving the delivery of healthcare, and this service is a critical element of that vision,” stated Terry Armstrong, leader of Perot Systems revenue cycle solutions group.

The Amerinet Alliance for Financial Efficiency is announced during the Healthcare Financial Management Association (HFMA) ANI Healthcare Finance Conference, the industry’s premier event for healthcare finance professionals. The June 14-17, 2009 meeting is in Seattle, Washington, at the Washington State Convention and Trade Center. To learn more about the Amerinet Alliance for Financial Efficiency, please stop by Amerinet booth 1234, Craneware booth 629 and Perot Systems booth 311.

The Alliance is a component of Amerinet Financial Management Solutions, a comprehensive set of solutions delivering as much as a 5 percent increase in cash collections. The solutions provide real answers to difficult issues including implementing technology, eliminating administrative waste, facilitating or enforcing standards and constantly changing payment protocols.

Through assessment, implementation and software, providers can make quantifiable, hard-dollar gains in their financial statements including:

  • Increased net revenue
  • Increased net collection percentage
  • Reduced cost of collections
  • More cash flow predictability

About Amerinet

As a leading national group purchasing organization, Amerinet strategically partners with healthcare providers to reduce costs and improve quality. Through its Total Spend Management solutions and operational performance improvement programs, tools and services, Amerinet assists members in their efforts to reduce costs, improve efficiencies and create new revenue streams. Supported by a team of clinical, data and supply chain experts, Amerinet offers a comprehensive portfolio of product and service contracts to address members’ specific needs. Amerinet serves acute and alternate care site healthcare providers nationwide. To learn more, visit www.amerinet-gpo.com.

About Craneware

Craneware, Inc. (AIM: CRW.L) partners with U.S. healthcare organizations to improve returns, increase productivity and manage risk, driving better financial and operational performance using market-led revenue management solutions. By enhancing revenue capture processes, Craneware solutions enable healthcare organizations to optimize reimbursement, improve operational efficiency, and support compliance. Visit www.craneware.com.

About Perot Systems

Perot Systems (NYSE: PER) is a worldwide provider of information technology services and business solutions. Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2008 revenue of $2.8 billion. The company has more than 23,000 associates located in the Americas, Europe, Middle East and Asia Pacific. Additional information on Perot Systems is available at www.perotsystems.com.

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