Software firm Craneware benefits from pressure on American hospitals

By PETER RANSCOMBE
Published on 08/11/2012 09:39

Craneware chief executive Keith Neilson will tell investors at today’s annual general meeting that the Edinburgh-based firm is continuing to benefit from the pressure being put on American hospitals.

Neilson will tell shareholders at the meeting in Edinburgh: “Fiscal and regulatory pressures on US hospitals continue to drive interest in our suite of software solutions.

“Sales activity continues to build, which combined with our increased market presence, strong pipeline and high levels of revenue visibility give us confidence in achieving a successful year and beyond.”

Hospitals in the United States are coming under increasing pressure from the federal government to account for all of their costs in order to receive payments from the Medicare health insurance scheme.