CINCINNATI, Sept. 8 /PRNewswire/ -- Streamline Health
Solutions, Inc. (Nasdaq: STRM) a leading provider of document
workflow solutions for hospitals, today announced that a leading
Tampa, Florida-based medical
institution has purchased three additional workflow licenses to
expand the use of Streamline Health's document workflow solutions
to help optimize business processes across the enterprise and
improve operational efficiencies. Streamline Health expects at
least two of the workflow solutions to be fully implemented and
operational prior to the conclusion of the current fiscal year.
"We expect that Streamline Health's document workflow solutions
will be crucial in driving higher levels of productivity and
accountability for essential business processes within our
customer's organization," said J. Brian
Patsy, president and chief executive officer of Streamline
Health. "We are confident these solutions will meet their specific
needs for flexibility, while managing business processes for future
growth. The hospital will utilize these workflows to drive
operating efficiencies across departments as it continues to
enhance productivity and simplify processes."
The medical institution will leverage its existing Streamline
Health technology investments with the implementation of Streamline
Health's business process document workflow solutions as follows:
- Contract Management Workflow automates the
business process for managing and tracking contracts, thereby
ensuring timely approvals. Authorized users are provided
simultaneous access to documents which are retained in a repository
that automatically alerts departments when contract renewal dates
are fast approaching.
- Application Service Request Workflow enhances and
tracks information technology infrastructure requests for increased
productivity and cost savings. As a result, hospitals can better
control expenditures through automated routing and approval of
application service requests across the enterprise i.e. IT
equipment, telecommunications, etc.
- Administrative Request Workflow automates manual
processes associated with paper forms for tracking approvals,
thereby reducing operational costs and improving employee
productivity.
Mr. Patsy continued, "We are excited about the opportunity to
provide this leading hospital with solutions that offer ease of
use, departmental flexibility and a high rate of adoption by
hospital personnel. Streamline Health's business process workflows
will boost productivity and contain costs in the very near term
with a substantial return on investment. We look forward to
expanding our relationship with this valued customer in the coming
years."
About Streamline Health
Streamline Health is a leading supplier of document workflow and
document management tools, applications and services that assist
strategic business partners and healthcare organizations to improve
operational efficiencies through business process optimization.
The Company provides integrated tools and technologies for
automating document-intensive environments, including document
workflow, document management, e-forms, connectivity, optical
character recognition (OCR) and business process integration.
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, please visit our website at
http://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.
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Company Contact:
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Investor Contact:
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Streamline Health
Solutions
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Lytham Partners, LLC
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Melissa Vincent
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Joe Diaz, Robert Blum, Joe
Dorame
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Marketing
Communications
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(602) 889-9700
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(513) 794-7100
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STRM@lythampartners.com
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Melissa.Vincent@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.
Copyright t. 8 PR Newswire