Streamline Health(R) Announces Agreement with The Health Alliance of Greater Cincinnati for Hosted Document Workflow Solutions
September 25 2008 - 7:00AM
PR Newswire (US)
Five year agreement includes Streamline Health's first sale of
Standard Register's SMARTworks(R) Clinical Enterprise CINCINNATI,
Sept. 25 /PRNewswire-FirstCall/ -- Streamline Health Solutions,
Inc. (NASDAQ:STRM), one of the leading providers of integrated
document management and workflow solutions, today announced that
The Health Alliance of Greater Cincinnati(TM), a network of five
hospitals throughout Greater Cincinnati, has agreed to deploy
Streamline Health's accessANYware(TM) document workflow solutions,
as well as Completion and Coding Workflow solutions at four Health
Alliance hospitals through the Company's hosted ASP model. The
agreement also includes the renewal of University Hospital, a
member of the Health Alliance and a customer of Streamline Health
since 1991. New document workflow solutions will also be deployed
at the Health Alliance's business center, which serves all five
hospitals. As part of the document management and workflow
solutions provided under the agreement, Streamline Health will also
deliver SMARTworks(R) Clinical Enterprise to all five hospitals
through an alliance with Standard Register (NYSE:SR). This marks
Streamline Health's first sale of Standard Register's suite of
applications. This suite helps create more accurate patient
documentation while streamlining the flow of that information into
Streamline Health's system, so it can be more quickly accessed by
clinicians and other hospital staff. "Streamline Health's document
workflow solutions will enable us to dramatically improve how
documents and data flow within our entire network and across all of
our facilities. Streamline Health is an important partner in
helping the Health Alliance to operate in the most efficient manner
possible," commented Jay Brown, vice president of Information
Systems and Technology at the Health Alliance. Streamline Health
expects to implement the solutions in the four new facilities
beginning in the third quarter of 2008, while the renewal agreement
with University Hospital will take effect immediately. The ASP
solution utilized by the Health Alliance will deploy advanced
workflow solutions to facilitate the registration process for
patients, streamline coordination with insurance companies, and
save physicians' time in accessing and completing medical records.
As an integrated health delivery network, the Health Alliance
serves the Greater Cincinnati, Ohio area with four hospitals,
including teaching, acute care and rehabilitative hospitals that
offer a range of medical and surgical services. A fifth hospital,
West Chester Medical Center, currently under construction and
scheduled for completion in early 2009, will be a 160-bed,
technologically advanced full-service hospital. Mr. J. Brian Patsy,
president and CEO of Streamline Health, said, "We are pleased to be
expanding our relationship with The Health Alliance of Greater
Cincinnati. The Health Alliance has taken an important proactive
step in assuring that timely patient care is promoted by increasing
the efficiency of its document workflow processes across their
entire system. We are also pleased to have partnered with Standard
Register by integrating their eForms solution into the Health
Alliance's workflow operation. We believe that the solutions
provided by Standard Register are a natural extension of the
document management and workflow solutions that we offer here at
Streamline Health. We look forward to collaborating with Standard
Register for a long time to come." About Streamline Health
Solutions, Inc. Streamline Health is a leading supplier of workflow
and document management tools, applications and services that
enable strategic business partners and healthcare organizations to
improve operational efficiencies through business process
optimization. The Company provides integrated technology solutions
for automating document-intensive environments, including document
workflow, document management, e-forms, portal connectivity,
optical character recognition (OCR), and interoperability.
Streamline Health's solutions create a permanent document-based
repository of historical health information that is complementary
and can be seamlessly integrated with existing disparate clinical,
financial and administrative information systems, providing
convenient electronic access to all forms of patient information
from any location, including secure web-based access. For
additional information, visit http://www.streamlinehealth.net/.
About the Health Alliance The Health Alliance includes University
Hospital, The Jewish Hospital, Fort Hamilton Hospital, Drake
Center, West Chester Medical Center, Alliance Primary Care and
Greater Cincinnati Associated Physicians. In 2007, the Health
Alliance and its member hospitals provided $107 million in
community benefit to the citizens of Greater Cincinnati, to include
$44 million in free medical care, $24 million in medical research
and education, $14 million in community health services and $17
million in subsidized health services. The Health Alliance also
spent $23 million with Cincinnati-based businesses that are women
or minority-owned, and was recently recognized by Ohio Governor Ted
Strickland as a "best practice" for its innovative and progressive
hiring policies for people with disabilities. About Standard
Register Standard Register is a premier document services provider,
trusted by professionals in healthcare and other industries to
manage the critical documents they need to thrive in today's
competitive climate. Employing nearly a century of industry
expertise, Lean Six Sigma methodologies and leading technologies,
the company helps organizations increase efficiency, reduce costs,
mitigate risks, grow revenue and meet the challenges of a changing
business landscape. In addition to technology solutions, it offers
secure prescription solutions, document and label solutions,
professional services and print supply chain services to help
clients manage workflows throughout their enterprises. More
information is available at http://www.standardregister.com/. "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. 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 the closing of contracts and
the timing of the subsequent revenue recognition related thereto,
the impact of competitive products and pricing, product demand and
market acceptance, new product development, key strategic alliances
with vendors that resell the Company products, the ability of the
Company to control costs, availability of products produced from
third party vendors, the healthcare regulatory environment,
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 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. DATASOURCE: Streamline
Health Solutions, Inc. CONTACT: Carolyn Stendahl, Streamline
Health, Marketing Communications, +1-513-794-7100, ; or Christine
Winters, Standard Register, Corporate Communications,
+1-937-221-1804, ; or Joe Diaz, Robert Blum or Joe Dorame, Lytham
Partners, LLC, +1-602-889-9700, ; or Robert J. Cestelli, Standard
Register, Investor Relations, +1-937-221-1304, Web site:
http://www.streamlinehealth.net/ http://www.standardregister.com/
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