Craneware benefiting from spend on products

Healthcare billing software firm Craneware yesterday told investors it has made a positive start to the new financial year.

The Edinburgh-headquartered company, which is focused on the US market, said it was seeing the benefit of ongoing investments in its products.

Chief executive Keith Neilson said the firm was increasingly seen as a trusted partner for organisations as they look to navigate changes in the US healthcare market. Last week, Craneware announced it had won a $6 million (£4.6m) contract to extend the scope of its work with an existing customer and Neilson said there had been a positive response to the launch of a new cloudbased product.

“We are well positioned to continue to execute on our growth strategy,” said Neilson.