ATLANTA, Feb. 16, 2017 /PRNewswire/ -- Streamline
Health Solutions, Inc. (NASDAQ: STRM), provider of the Looking
Glass® platform of integrated solutions, technology-enabled
services and analytics supporting revenue cycle optimization for
healthcare enterprises, today announced the general availability of
its new Looking Glass® eValuator™ coding audit technology.
The Company plans to introduce the new solution at the HIMSS
national trade show in Orlando,
Florida. Streamline Health combined its capabilities in
software development with the platform and coding expertise
obtained through its acquisition of Opportune IT in 2016 to create
eValuator. The Company has actively invested in this
technology to make it market ready for an official launch at
HIMSS.
The Looking Glass eValuator platform can help healthcare
providers identify both compliance risks and opportunities across
their enterprise. Looking Glass eValuator is a cloud-based solution
that provides real-time insight, advice and rationale to guide
coders on potential changes in coding and/or clinical
documentation. The solution uses proprietary algorithms,
developed from decades of auditing experience, that identify common
(and commonly overlooked) patterns in the chart. Looking
Glass eValuator algorithms intelligently analyze, score and rank
every chart in real time, considering both the likelihood of DRG
validity and the potential financial impact of coding and/or
clinical documentation errors.
Looking Glass eValuator is based on more than 750 rules,
providing a comprehensive review of each case to improve a coder's
efficiency and accuracy, and help the provider optimize revenue and
mitigate risk across the enterprise. The technology can be
leveraged both before or after the billing cycle. For
pre-bill auditing, eValuator enables providers to
better avoid inaccuracies that minimize reimbursement
or raise compliance flags without affecting DNFB (Days Not Final
Billed).Post-bill auditing can identify trends and opportunities
for coding accuracy improvement. Flagged charts are
returned in real time with suspected issues and supporting
narratives on the recommended corrections, increasing accuracy
while educating coders and improving their performance over the
long term.
Streamline Health engaged several of their existing Coding Audit
Services clients to gain insight into how the new Looking Glass
eValuator technology could benefit healthcare providers. The
Company plans to make the new solution available to its clients and
reseller partners immediately following HIMSS.
About Streamline Health
Streamline Health
Solutions, Inc. (NASDAQ: STRM) is a healthcare industry leader
in capturing, aggregating, and translating enterprise data into
knowledge—delivering actionable insights that support revenue
cycle optimization for healthcare enterprises. Our
Looking Glass platform delivers 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.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. (the
"Company") discuss upcoming Company solution offerings (or changes
thereto). The benefits, costs and results of any statements
regarding the launch or modification of any Company product,
service or solution are subject to inherent uncertainties such as
the timing of contract negotiations and execution of contracts and
the related timing of the revenue recognition related thereto, the
impact of competitive solutions and pricing, solution demand and
market acceptance, 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 and
changes in economic, business and market conditions impacting the
healthcare industry generally and the markets in which the Company
operates. Readers are cautioned not to place undue reliance on
these statements, which reflect management's analysis only as of
the date hereof.
Company Contact:
Randy
Salisbury
SVP, Chief Marketing Officer
(404) 229-4242
randy.salisbury@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.