ATLANTA, Dec. 4, 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 three-year client contract for Streamline eValuator, its new cloud-based automated pre-bill code analysis technology, its Streamline Health® clinical documentation integrity (CDI) solution and Auditing Services with a new two-hospital system based in the Southeastern US.
Streamline Health's CDI technology provides automated workflows, integrated Physician Query™ functionalities and robust reporting to increase documentation quality, which enables better productivity and optimized revenue capture. With eValuator, Streamline Health is leading an industry movement to improve healthcare providers' financial performance by moving mid-to-late revenue cycle interventions upstream, optimizing coding accuracy for every patient encounter prior to bill submission. By improving coding accuracy before billing, providers can reduce revenue leakage, mitigate overbill risk, and reduce denials. This enables providers to turn unpredictable revenue cycles into dynamic revenue streams.
"We're proud to add this newest client to our growing roster. Their CEO, CFO, Director of HIM, and Chief Information Officer all saw the value of investing in eValuator and CDI to increase the quality of their revenues and reduce their compliance risks as they bring their coding and auditing teams back in-house this year. We look forward to doing our part in making their move in-house with their coding function a big success, with a quick return on their investment in our solutions," stated David Sides, President and Chief Executive Officer, Streamline Health. "We began our relationship by discussing the benefits of automated pre-bill analysis. However, once we had a clear picture of everything they wanted to accomplish, we both realized that the combination of automated coding analysis – through our eValuator solution - along with an improved pre-bill querying process – which CDI can provide – would accelerate the implementation of their strategy and deliver greater results."
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.
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SOURCE Streamline Health Solutions, Inc.