This, combined with the global economic downturn, means healthcare organisations are experiencing extraordinary levels of fiscal and legislative pressure. “The US healthcare system is currently undergoing an unprecedented level of change and public scrutiny. Craneware CEO Keith Neilson points out that legislative changes in the US are expected to work in the company’s favour.
CRANEWARE ONLINE TOOLKIT SOFTWARE
The company is almost exclusively focused on the US, selling its software to the healthcare industry to audit hospital billing systems. The AIM-quoted Scottish healthcare specialist, which is headquartered in Livingston and has offices in Florida, Arizona and Kansas, offers a suite of healthcare software products that have been designed to help hospital finance departments to keep accurate and up-to-date medical information. At the time of writing, its share price stands at 376p, 193% above its 2007 flotation price of 128p. The stimulus package, which has sent ripples around the US healthcare market, has also had a major impact across the pond on West Lothian-based healthcare software specialist Craneware, not to mention its share price.
With the federalįunds in place, it is expected that 90% of doctors and 70% of hospitals will be using EHR within the decade. To this end, $19 billion has been earmarked for US healthcare providers to make the leap to Electronic Health Records (EHR) digitalisation that will rein in costs and improve efficiency. A mix of tax cuts and government spending, the economic stimulus plan aims to help the US economy get back on its feet.Ī key pillar of the stimulus package is ‘affordable and quality healthcare’, which is seen as vital to strong economic growth. The Recovery & Reinvestment Act was passed by Congress in February 2009 and signed days later by President Obama. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Proactive will on occasion use automation and software tools, including generative AI. The team also has access to and use technologies to assist and enhance workflows. Our human content creators are equipped with many decades of valuable expertise and experience. Proactive has always been a forward looking and enthusiastic technology adopter. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. This is content that excites and engages motivated private investors. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories.
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