KLAS Research’s First Look Report Gives High Marks To Streamline Health’s eValuator™ Pre-Bill Coding Analysis Technology

Rhea-AI Summary

Streamline Health Solutions (NASDAQ: STRM) announced findings from a KLAS Research report on its eValuator revenue integrity program. The report highlights that 100% of surveyed customers saw positive outcomes within six months, with a third experiencing immediate benefits. Customers praised eValuator's coding accuracy and its impact on financial performance. The automated system reduces coding overhead and improves claim clean rates, leading to quicker revenue collection. Overall, the eValuator received high marks in customer satisfaction, with clients expressing willingness to repurchase.

Positive

• 100% customer satisfaction rate, with all clients achieving outcomes within 6 months.
• 33% of customers reported immediate positive results.
• High ratings in all performance areas, including a B+ grade.
• Increased coding accuracy leading to fewer denied claims and faster revenue collection.

Negative

• None.

Reviews how automated pre-bill coding analysis helps providers
improve financial performance

Atlanta, GA, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM) provider of the eValuator^™ Revenue Integrity Program to help healthcare providers proactively improve revenue leakage and financial performance, announced today that KLAS Research completed and published a First Look Report on eValuator technology and the results Streamline customers are experiencing.

KLAS is a leading healthcare IT research firm that provides transparent and impartial insights. Its First Look report reveals an unbiased view of how the eValuator solution improves coding accuracy and financial performance by analyzing all coded records before being billed.

KLAS surveyed customers at standalone hospitals, academic medical centers and small-hospital health systems and found that:

• 100% of customers saw outcomes within 6 months, with 33% of those seeing outcomes immediately
• 100% of customers would buy it again
• Customers praise eValuator’s robust rule sets and targeted reporting and see Streamline Health as willing to engage on opportunities to enhance the system.
  

In all four key performance areas, Streamline customers gave eValuator all A’s and one’ B+.

KLAS Research Analyst Mike Davis noted that “Automating the review of billing codes reduces overhead on the coding teams and increases the percentage of clean claims, which in turn reduces days in A/R. Clients are seeing expected outcomes within six months.”

The eValuator cloud-based solution automates the analysis and review of potential under coding and over coding prior to billing. It ranks potential issues by the need for further review and the financial impact, then automatically routes to the designated auditor for immediate review—complete with recommended corrections. By addressing the cases with the greatest potential impact, it enables providers to prevent revenue leakage and compliance exposure for optimized financial performance.

To download a complimentary copy of the KLAS First Look report, click here.

About Streamline Health

Streamline Health Solutions, Inc. (NASDAQ: STRM) is a leader in pre-bill revenue integrity solutions for healthcare providers. Our eValuator^™ Revenue Integrity Program includes integrated solutions, technology-enabled services and analytics that drive compliant revenue across the enterprise. 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.

To Learn More
Randy Salisbury
Senior Vice President, Sales & Marketing
Streamline Health
404.229.4242
randy.salisbury@streamlinehealth.net

FAQ

What are the key findings from the KLAS report on Streamline Health's eValuator?

The KLAS report found that 100% of customers experienced positive outcomes within six months, with a third seeing results immediately, highlighting the effectiveness of eValuator.

How does eValuator improve financial performance for healthcare providers?

eValuator automates the review of coding accuracy, reducing overhead and improving the clean claim percentage, which speeds up revenue collection.

What was the customer satisfaction rating for eValuator according to KLAS?

All surveyed customers gave eValuator high satisfaction ratings, achieving top marks in key performance areas.

Is Streamline Health's eValuator technology recommended by customers?

Yes, 100% of customers stated they would buy eValuator again, reflecting strong endorsement of the technology.

When was the KLAS First Look report on eValuator published?

The KLAS First Look report on eValuator was published on November 17, 2021.