ATLANTA, Aug. 28, 2017 /PRNewswire/ --Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises, today announced a new services agreement for its A/R Management, Denials Management and Business Analytics software with Houston-based Nobilis Health (NYSE: HLTH), a full-service healthcare development and management company with 25 locations across Texas and Arizona.
Streamline Health A/R Management enables healthcare providers to manage and resolve outstanding A/R accounts, denials, and other back-end processes, including partial payment management. With robust functionality and flexible workflows, it will help Nobilis optimize A/R management efforts based on their unique needs.
Denials Management from Streamline Health provides tools and analytics that will enable Nobilis to efficiently recoup lost revenue and address root cause issues causing denials. Business Analytics will provide robust reporting that delivers insights to support better decision making and enhanced financial performance across their many facilities.
"With Streamline Health's suite of Financial Management solutions, our entire AR function will be much more efficient," stated David Young, Chief Financial Officer, Nobilis Health. "Like other healthcare providers throughout the country, optimizing our overall financial performance is a difficult and complex task. Our goal is to improve key A/R processes across our entire system, thereby giving us more resources to fund our mission. The return on investment we will realize made the decision to purchase easy."
"Our suite of Financial Management solutions delivers great value to support healthcare providers' financial performance. The scope of the Nobilis Health system and the amount of revenue it generates, is a perfect match for our solutions, and the return on investment we presented made a powerful statement," stated David Sides, President and Chief Executive Officer, Streamline Health. "We are very pleased to add Nobilis Health to our roster of blue chip clients."
About Streamline Health Streamline Health Solutions, Inc. (NASDAQ: STRM) is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledge – producing actionable insights that support revenue cycle optimization for healthcare enterprises. We deliver integrated solutions, technology-enabled services and analytics that enable providers to drive reimbursement in a value-based world. We share a common calling and commitment to advance the quality of life and the quality of healthcare – for society, our clients, the communities they serve, and the individual patient. For more information, please visit our website at www.streamlinehealth.net.
Disclosure Regarding Client Relationships This announcement may contain statements regarding the availability and sale of solution offerings from Streamline Health Solutions, Inc. Readers should understand that inherent risks in contractual relationships, such as changes in duration, scope or volume and similar unanticipated events, may come into play, and readers are cautioned to consider such factors in any reliance on these statements.
Company Contact: Randy Salisbury SVP, Chief Marketing Officer (404) 229-4242 [email protected]