STOCK TITAN

Large Midwestern Health System Signs New Contract for Streamline Health® eValuator™

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Streamline Health Solutions, Inc. (NASDAQ: STRM) has signed a contract with a major 2,367-bed health system to enhance revenue integrity using its eValuator Revenue Integrity Program. This technology enables automated pre- and post-bill coding analysis, helping to decrease revenue leakage and improve financial performance for inpatient and outpatient services. The partnership aims to optimize coding accuracy and compliance, essential for adapting to new payment models in the healthcare industry.

Positive
  • New contract with a 2,367-bed health system indicates strong demand for eValuator technology.
  • The eValuator program is expected to significantly improve financial performance by reducing revenue leakage and denied claims.
Negative
  • None.

Automated Coding Analysis for Inpatient and Outpatient Care

Atlanta, GA, June 30, 2021 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of the eValuator Revenue Integrity Program to help healthcare providers proactively address revenue leakage and compliance exposure, today announced it has signed a contract with a 2,367-bed, Epic EMR-based health system serving the Midwest. The health system will use eValuator’s cloud-based automated pre- and post-bill coding analysis technology to help improve revenue integrity and financial performance from their inpatient and outpatient services.

Streamline Health is leading an industry movement to enable every hospital in the country to use pre-bill technology to improve financial performance. With eValuator, providers are identifying and addressing coding issues before they contribute to revenue leakage, denied claims and non-compliance exposure. The company combines this new technology with expert auditing services to deliver a complete Revenue Integrity Program to its clients. The eValuator program helps users optimize coding and documentation accuracy for every patient encounter prior to billing, substantially improving current financial performance while also assisting in the transition to new payment models.

“In light of all that’s going on in healthcare, we’re very excited that this health system has chosen eValuator to help improve their coding accuracy and financial performance prior to billing,” stated Tee Green, President and Chief Executive Officer, Streamline Health. “Now more than ever, providers need the ability to optimize revenue integrity in a highly efficient and effective manner. We’re honored that this large health system has entrusted Streamline Health to assist with this mission critical function.”

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


Streamline Health Solutions, Inc.

NASDAQ:STRM

STRM Rankings

STRM Latest News

STRM Stock Data

13.80M
3.48M
24.22%
20.37%
0.44%
Health Information Services
Services-computer Integrated Systems Design
Link
United States of America
ALPHARETTA