From the outset Livingston based Craneware set its sights on becoming a global corporate. The innovative software company targeted the US healthcare market with its core product Active Chargemaster Professional Toolkit which picked up errors in healthcare billing systems, replacing laborious manual checks.
The ability to save millions of dollars of lost revenues every year while also ensuring compliance with US government Medicare regulations fuelled strong growth at the company. Craneware listed on AIM in 2007 generating a 6x return on investment for SEP.
- Scotland, US
- Digital health
- Exit date