Streamline Health® Appoints Matt Seefeld as Senior Vice President, Solutions Strategy

CINCINNATI and ATLANTA, Oct. 5, 2012  /PRNewswire/ -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of enterprise content management, business analytics, computer assisted coding (CAC), and clinical documentation improvement (CDI) solutions for healthcare providers, today announced that Matthew S. Seefeld has been appointed Senior Vice President, Solutions Strategy effective October 1, 2012. In this new position Mr. Seefeld will be managing the strategy around all of Streamline Health's solutions, as well as evaluating strategic partnerships and acquisitions.

Mr. Seefeld will directly oversee the solutions management team while coordinating with the account management and implementation teams to ensure all solution deployments are being maximized and client satisfaction is at the highest level. He will also work closely with the research and development team to confirm that the solutions roadmap is executed appropriately. Additionally, in conjunction with the sales and marketing teams, he will develop and execute an effective solutions strategy that is in line with marketplace demands.

Mr. Seefeld joined Streamline Health as Chief Strategist, Revenue Cycle in 2011 with the acquisition of Interpoint Partners, LLC, where he was a co-founder and Chief Executive Officer. Since then, he has been instrumental in the successful integration of the business analytics solution he helped create, now known as OpportunityAnyWare™, into Streamline Health's line of health information technology solutions. He has also collaborated with the sales team and provided critical leadership and subject matter expertise around revenue cycle management.

"Matt is a visionary with a talent for uncovering new business opportunities. In order to best leverage his skills and experience, we created this new role on our senior executive team which will provide the appropriate focus on all of our market-facing initiatives," said Robert E. Watson, President and Chief Executive Officer of Streamline Health. "He will be responsible for managing all of our solutions, including Collabra™, our new solution suite that is anchored by our computer assisted coding (CAC) offering. This new role will help support the company's ongoing growth strategy."

"This is an exciting opportunity to assist the senior executive team, and all of our associates, with our continued expansion and delivery of market-leading healthcare information technology solutions designed to improve our clients' financial and clinical performance," Mr. Seefeld said of his new position. "We believe that we are positioned to and will make the appropriate acquisitions, partnerships and internal development decisions that will bring exponential value to our clients as we work to solve the complex issues facing today's healthcare industry."

About Streamline Health
Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Our suite of solutions for clinical documentation improvement (CDI) and computer assisted coding (CAC) enables providers to easily coordinate CDI and health information management (HIM) initiatives while providing an immediate boost to staff productivity. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical, administrative and financial performance of any healthcare organization. For more information visit www.streamlinehealth.net.

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.

 

Company Contact:

Ashley Moore

Director, Marketing

(404)-446-2057

ashley.moore@streamlinehealth.net

Investor Contacts:

Randy Salisbury

Investor Relations

(404)-229-4242

randy.salisbury@streamlinehealth.net




BPC Financial Marketing

John Baldissera

800-368-1217

 

SOURCE Streamline Health Solutions, Inc.



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