CINCINNATI, Oct. 26 /PRNewswire/ -- Streamline Health
Solutions, Inc. (Nasdaq: STRM) a leading provider of document
workflow solutions for hospitals, today announced that one of the
country's leading healthcare organizations expects to open a new
facility utilizing Streamline Health's Suite of Health Information
Management document workflow solutions. This new premier
outpatient heart and vascular clinic will integrate Streamline
Health solutions into its EpicCare® medical record management
system from Epic Systems Corporation. The clinic will deploy the
integrated solutions to enhance business processes, boost
productivity, and help promote transition of care beyond the
hospital setting in order to provide the highest quality of care
for heart failure patients. The total value of the contract
is estimated to exceed $330,000
excluding maintenance services with implementation expected to be
completed in the first half of 2011.
Streamline Health will help this nonprofit health care delivery
system, one of the largest faith-based in the United States, to promote excellent
cardiac services and facilitate better care for all patients by
improving operational efficiencies through business process
optimization. The implementation of Streamline Health's document
workflow solutions at the cardiovascular outpatient clinic will
automate vital workflows and provide physicians immediate access to
critical patient data. The result will be accelerated clinical
decisions based on comprehensive electronic health records.
"We are particularly pleased to provide the new heart and
vascular outpatient clinic with document workflow solutions that
link the quality of care to better patient outcomes," stated
J. Brian Patsy, president and CEO of
Streamline Health. "Our HIM Suite of document workflow solutions
look to generate a more efficient and streamlined approach to view
the patient's entire health record. By eliminating business
process delays, the hospital organization can better serve its
patients and the community with quick, accurate, and leading-edge
cardiac care services."
"This transaction represents another important step on the way
to achieving our sales goals for the fiscal year," continued Mr.
Patsy. "Our highly focused sales and marketing efforts are being
rewarded with new contracts that are driving our backlog and
increasing our recurring revenue stream for the coming years. We
are pleased with the progress being made as we move into our fiscal
fourth quarter."
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.
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 . 26 PR Newswire