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

Rhea-AI Summary

Streamline Health Solutions (NASDAQ: STRM) has signed a contract with an 850-bed health system in Tennessee to implement its eValuator automated pre-bill coding analysis technology. This initiative aims to enhance revenue integrity and financial performance by addressing coding issues before they lead to revenue leakage and denied claims. Streamline Health combines this technology with expert auditing services to optimize coding accuracy prior to billing. The company emphasizes improving financial performance while aiding the transition to new payment models.

Positive

• Signed contract with an 850-bed health system to implement eValuator technology, enhancing revenue integrity.
• Innovative technology aims to reduce revenue leakage and denied claims, improving overall financial performance.
• Combination of technology and expert auditing services delivers a comprehensive Revenue Integrity Program.

Negative

• None.

Chooses Automated Pre-Bill Coding Analysis to
Improve Financial Performance

Atlanta, GA, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, announced today it has signed a contract with an 850-bed, Epic-EHR health system based in Tennessee. The organization will use eValuator’s automated pre-bill coding analysis technology to help improve revenue integrity and financial performance.

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 & support 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.

“We are pleased to partner with another large health system to help ensure revenue integrity prior to billing,” stated Ben Stilwill, President, Streamline Health. “We look forward to supporting this client through our mission to ensure our healthcare providers are paid accurately for the care they provide.”

About Streamline Health

Streamline Health Solutions, Inc. (Nasdaq: STRM) enables healthcare organizations to proactively address revenue leakage and improve financial performance. We deliver integrated solutions, technology-enabled services and analytics that drive compliant revenue leading to improved financial performance across the enterprise. For more information, visit www.streamlinehealth.net

To Learn More

Media
David Kosloski
Vice President, Marketing & Communications
651.308.1395
david.kosloski@streamlinehealth.net

Investors
Jacob Goldberger
Director, Investor Relations and FP&A
303.887.9625
jacob.goldberger@streamlinehealth.net

FAQ

What is the recent contract signed by Streamline Health Solutions?

Streamline Health signed a contract with an 850-bed health system in Tennessee to utilize its eValuator automated pre-bill coding analysis technology.

How does eValuator technology help healthcare providers?

eValuator technology identifies and addresses coding issues before billing, reducing revenue leakage and denied claims.

What is the significance of the partnership with the Tennessee health system for STRM?

The partnership is expected to enhance revenue integrity and financial performance for both Streamline Health and the health system involved.

What is Streamline Health Solutions' mission?

The mission of Streamline Health is to ensure healthcare providers are accurately compensated for the care they provide through improved revenue integrity.