ATLANTA, Nov. 20, 2018 /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 it extended its banking agreement with Wells Fargo into
its fiscal year 2020. The original agreement with Wells Fargo
was to expire in November of 2019.
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 lost
revenue, mitigate overbill risk, and reduce denials and days in
A/R. This enables providers to turn unpredictable revenue cycles
into dynamic revenue streams.
"We appreciate the longstanding relationship we have with Wells
Fargo and are happy to have extended our existing agreement into
our fiscal year 2020," stated David
Sides, President and Chief Executive Officer, Streamline
Health. "We have continued to lower costs and improve operations
which has positively impacted leverage. With the previously
announced cost initiatives and improvements in leverage, we can
focus on more investments in growth in our fiscal 2019 planning
process."
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 empower providers to
drive revenue integrity 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.
Company Contact:
Randy
Salisbury
SVP, Chief Marketing Officer
(404) 229-4242
randy.salisbury@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.