Oakwood Healthcare System Expands Use of Streamline Health Document Management Solutions

CINCINNATI, Dec. 1, 2011 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM), a leading provider of enterprise and departmental document management solutions and business process workflows for healthcare, today announced that Oakwood Healthcare System will expand its use of the Company's document management solutions through a direct licensing agreement and the purchase of additional Streamline Health solutions.

Oakwood Healthcare System is a comprehensive health care delivery system in southeastern Michigan serving 35 communities within a 500 square-mile service area. The system has used Streamline Health document management and workflow solutions since 2008. As part of the agreement the system will:

• Enter into a direct license with Streamline Health;
• Purchase Streamline Health's comprehensive Epic© Integration Suite to provide instant access to scanned clinical and financial records from within the Epic electronic medical record system with the goal of improving patient care and saving physician and staff time, and; 
• Purchase Streamline Health's FolderAnyWare, a flexible document management system that provides secure, searchable storage of almost any file type or record with the goal of improving operating efficiencies within its Patient Financial Services department.

"We are pleased that Oakwood Healthcare System has decided to extend and expand its partnership with Streamline Health," said Robert E. Watson, president and chief executive officer of Streamline Health. "Ensuring our clients' continued success with our solutions is a strategic area of focus for us this year as we have noted in our earnings calls and previous press releases. We are confident that Oakwood Healthcare System will leverage these additional technologies to achieve greater operational efficiencies and enhanced patient care through the deployment of our solutions."

"Integrating our document workflow solutions with the patient information in our Epic system is an important step in providing our physicians and staff with access to complete patient information," said Paula F. Smith, senior vice president, chief information officer at Oakwood Healthcare System. "We have been pleased with Streamline Health's support in the past and we look forward to working with them to extend the use of their solutions across the enterprise."

About Streamline Health
Streamline Health transforms unstructured documents, forms, and images into actionable digital assets that improve processes and revenue across the enterprise. Dedicated exclusively to healthcare, our document management solutions create a permanent document-based repository of information that can integrate seamlessly with existing clinical, financial, and administrative information systems. For additional information, please visit our website at http://www.streamlinehealth.net.  

About Oakwood Healthcare System
Founded in 1953 and headquartered in Dearborn, Michigan, Oakwood Healthcare System is a comprehensive regional healthcare network that serves residents over a 500 square mile area. Comprised of four acute care hospitals, 45 primary and specialty care sites and four centers of excellence, Oakwood provides services to more than one million people in 35 communities. As the second largest employer in suburban Wayne County, Oakwood is home to more than 9,000 employees and 1,300 physicians representing nearly every medical and surgical specialty and subspecialty. Oakwood has been recognized as one of the nation's top 100 Integrated Healthcare Networks, one of Metro Detroit's Best and Brightest Companies to Work For, and most recently, a finalist for the 2011 Malcolm Baldrige National Quality Award. For more information about Oakwood, visit www.oakwood.org.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements, included herein. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE Streamline Health Solutions, Inc.