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AGM statement

Craneware prompting growing US interest

Keith NeilsonShareholders in healthcare technology company Craneware will hear today that momentum is growing in the US for its billing software.

In a pre-AGM statement, chief executive Keith Neilson (pictured) said interest in the Edinburgh company’s product range led to a record turnout of delegates at its latest presentation. Its sales are almost wholly in the US.

We have experienced a positive start to trading in the first four months of the year, in line with management expectations. Strong demand has continued across our enlarged product suite, from both new and existing customers,” he said.

“Our recent Financial Performance Summit in the US was the most well attended in the history of the Company, with representatives from approximately 600 hospitals.

“From the workshops and panel discussions at the event, it is evident that the move to value-based care is growing in momentum and hospitals are preparing for this shift.

“As we launch our new Trisus products over the coming weeks and continue to invest in future products over the coming years, we see the opportunity for Craneware to become a major player in the healthcare market, ensuring hospitals have the tools to thrive in this near era, improving both margins and patient outcomes. 

“With a continued high level of recurring revenues, a growing customer base, healthy cash balances and significantly increased addressable market through our expanding product suite, we look to the future with confidence.”

 



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