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US healthcare reform sparks demand at Craneware

The software provider to the US health market has reported interim results ahead of expectations
March 7, 2017

Donald Trump and Hillary Clinton agreed on very little during the presidential campaign, apart from the need to change the complex US healthcare system. Since his election, President Trump has stayed true to his word, setting out five principles for healthcare reform. This has prompted healthcare providers to improve efficiency, and for that many have turned to Craneware (CRW).

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The majority of new customer sales "came post-election", according to chief executive Keith Neilson, something he attributes to the fact that healthcare hasn't been far from the headlines in the past few months. The combination of new sales and repeat demand from existing customers (about a 50:50 split) helped send adjusted cash profits up 16 per cent to $8.2m (£6.7m) during the first half of the financial year. Cash conversion of 90 per cent ensured the group's coffers remained stable, despite an additional $1.3m spent on development of the new cloud-based platform, Trisus.

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