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

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Streamline Health Solutions (NASDAQ: STRM) has signed a contract with a 50-hospital health system in the Southwest, marking the largest deal for its eValuator technology to date. This automated pre- and post-bill coding analysis aims to enhance revenue integrity across inpatient, outpatient, and professional fee services. The eValuator system addresses coding issues before they lead to revenue loss, denied claims, and compliance risks, which can significantly improve financial performance. The multi-faceted program also supports transitions to new payment models.

Positive
  • Contract signed with a 50-hospital health system, expanding eValuator technology usage.
  • eValuator technology expected to reduce revenue leakage and denied claims.
  • Enhancements in financial performance through improved coding and documentation.
Negative
  • None.

Not-for-Profit Organization Chooses Automated
Pre-Bill Coding Analysis for Inpatient, Outpatient and Pro-Fee Care
in Largest eValuator Deal to Date

Atlanta, GA, July 20, 2022 (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, today announced it has signed a contract with a 50-hospital health system in the Southwest. The system will use eValuator’s automated pre- and post-bill coding analysis technology to help improve revenue integrity and financial performance from their inpatient, outpatient and professional fee 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 & 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.

“Our newest client is a nationally recognized leader in care delivery, and we’re honored to partner with them in optimizing revenue integrity and financial performance prior to billing,” stated Tee Green, President and Chief Executive Officer, Streamline Health Solutions. “Along with inpatient and outpatient coverage, our recent addition of Pro-Fee functionality means eValuator will help the organization proactively improve compliant revenue capture across the enterprise.”

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
Sr. Director, 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 latest contract signed by Streamline Health Solutions?

Streamline Health Solutions signed a contract with a 50-hospital health system to use its eValuator technology for coding analysis.

How does eValuator technology benefit hospitals?

eValuator technology helps hospitals improve revenue integrity by identifying coding issues before billing.

What is the aim of Streamline Health's partnership with the 50-hospital health system?

The partnership aims to enhance financial performance and revenue integrity across inpatient, outpatient, and pro-fee services.

When was the contract with the health system announced?

The contract was announced on July 20, 2022.

What stock symbol is associated with Streamline Health Solutions?

The stock symbol for Streamline Health Solutions is STRM.

Streamline Health Solutions, Inc.

NASDAQ:STRM

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