Saint Francis Signs Agreement to Upgrade and Extend the Use of Streamline Health's(R) Solutions for Five More Years Additional Enterprise Content Management Integration with Their EMR Will Provide a More Complete Patient Record
ATLANTA, April 1, 2013 /PRNewswire/ -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of SaaS-based enterprise content management, business analytics, computer assisted coding (CAC) and clinical documentation improvement (CDI) solutions for healthcare providers, today announced that Saint Francis Hospital and Medical Center has expanded its relationship with Streamline Health for an additional five years by upgrading and extending their license for AccessAnyWare™, the company's suite of enterprise content management solutions.
Located in Hartford, Connecticut, Saint Francis is New England's largest Catholic hospital and is comprised of 617 licensed inpatient beds, 65 bassinets and highly regarded centers of excellence. With the agreement, Saint Francis extended their licenses for AccessAnyWare and FolderView Streamline Health's enterprise content management solutions, and added the integration with their Epic EMR. The integration of these solutions with their Epic EMR will provide the hospital with access to a more complete patient record that incorporates both structured and unstructured data.
"This continued partnership will provide us with critical guidance during the integration process with our new Epic EMR," remarked Steve Tenner, Enterprise Information Systems Director for Saint Francis. "Additionally, the enterprise functionality that Streamline Health's AccessAnyWare provides will assist our efforts to become a paperless organization, not only when it comes to medical documentation, but in additional areas such as human resources."
"We are excited to continue and enhance our partnership with Saint Francis, and we believe this new agreement will open up new opportunities for the organization to leverage technology to improve patient care and become more efficient in other non-clinical functions," said Robert E. Watson, President and Chief Executive Officer of Streamline Health. "The Streamline Health solutions will give the clinicians at Saint Francis better and more immediate access to complete medical records, resulting in time savings and improved regulatory compliance."
About Streamline Health
Streamline Health Solutions, Inc. (NASDAQ: STRM) is a leading provider of SaaS-based healthcare information technology (HCIT) solutions for hospitals and physician groups with offices in Atlanta, Cincinnati and New York. The company's comprehensive suite of solutions includes: enterprise content management (ECM), business analytics, integrated workflow systems, clinical documentation improvement (CDI), and computer assisted coding (CAC). Across the revenue cycle, these solutions offer healthcare enterprises a flexible, customizable way to communicate between disparate departments and information systems to improve processes, boost productivity, and optimize clinical, administrative and financial performance. For more information, please visit our website at http://www.streamlinehealth.net.
About Saint Francis Care
Saint Francis Care is an integrated healthcare delivery system established by Saint Francis Hospital and Medical Center, an anchor institution in north central Connecticut since 1897. Licensed for 617 beds and 65 bassinets, it is a major teaching hospital and the largest Catholic hospital in New England. Other major entities of Saint Francis Care include The Mount Sinai Rehabilitation Hospital, the Connecticut Joint Replacement Institute, the Hoffman Heart and Vascular Institute of Connecticut, the Saint Francis/Mount Sinai Regional Cancer Center, the Joyce D. and Andrew J. Mandell Center for Comprehensive Multiple Sclerosis Care and Neuroscience Research, and Saint Francis HealthCare Partners. Its services are supported by a network of five major Access Centers and eight additional medical office centers sited throughout the region. For more information, visit www.stfranciscare.com.
Epic is a registered trademark of Epic Systems Corporation
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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.