CRANEWARE, the revenue management specialist focused on the US healthcare market, has secured two new contracts worth a combined $8.5 million in new revenue.

The Edinburgh-based firm said a contract with a large blue chip healthcare provider, which will deploy its value cycle solutions across 20 hospitals, will be worth around $5m over its initial multi-year term. The second deal, which will see Craneware provide a suite of products to a surgical hospital, is expected to deliver $3.5m of revenue initially.