ATLANTA, Nov. 7, 2017 /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 that two
new Charter Member contracts for Streamline Health eValuator, its
new cloud-based automated pre-bill code analysis technology, were
signed on October 31. The first
contract is with its long-time client, Sarasota Memorial Health
Care System, in Sarasota,
Florida. The other is with a brand new client in the
Northeast.
Streamline Health is leading an industry movement to improve
healthcare providers' financial performance by moving mid-to-late
revenue cycle interventions upstream, which optimizes coding
accuracy for every patient encounter prior to bill
submission. By improving coding accuracy before billing,
providers can reduce revenue leakage, mitigate overbill risk, and
reduce denials. This enables providers to turn unpredictable
revenue cycles into dynamic revenue streams.
"We have been using Streamline Health's revenue cycle
technologies to help us improve our financial performance for many
years now, and, when they showed us their new eValuator pre-bill
analysis solution, we were definitely interested," stated
Diane Settle, VP of Revenue Cycle,
Sarasota Memorial. "The idea of checking the accuracy of our coding
on every patient record before billing is very sound, and their
analysis of recent billing showed how and where we could improve
coding accuracy. We also appreciated the added incentive to
be a Charter Member of their new eValuator client base."
"One of our primary business objectives has always been to grow
with our clients, and we are very pleased to have one of our
longest tenured partners join our eValuator Charter Member class,"
stated David Sides, President and
Chief Executive Officer, Streamline Health. "Sarasota
Memorial is very committed to improving the health of the
communities they serve – as we are committed to helping them find
ways to fund that mission. By deploying eValuator into the
front end of their billing cycle they will be able to improve
quality upstream in the revenue cycle and minimize the risk of
inaccurate billing based on ICD-10 coding deficiencies. We
look forward to continuing our relationship with Sarasota Memorial
for many more years to come."
In addition, we are pleased to have added our fourth eValuator
client during the third quarter and anticipate sharing more news
about this client in the coming weeks."
About Sarasota Memorial
Sarasota Memorial Health
Care System is a regional referral center offering Southwest Florida's greatest breadth and depth
of care, with more than 900,000 patient visits each year. Sarasota
Memorial's flagship 829-bed, acute-care hospital has been
consistently recognized as one of the nation's largest and best,
with superior patient outcomes and a complete continuum of
outpatient services – from urgent care, trauma and emergency
services to laboratory and diagnostic imaging, home health, skilled
nursing and rehabilitation. Sarasota Memorial is the only hospital
in Florida with the highest
five-star ranking from the federal Centers for Medicare &
Medicaid for quality and safety.
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 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.
Disclosure Regarding Client Relationships
This announcement may contain statements regarding the availability
and sale of solution offerings from Streamline Health Solutions,
Inc. Readers should understand that inherent risks in
contractual relationships, such as changes in duration, scope or
volume and similar unanticipated events, may come into play, and
readers are cautioned to consider such factors in any reliance on
these statements.
Company Contact:
Randy Salisbury
SVP, Chief Marketing Officer
(404) 229-4242
randy.salisbury@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.