New Jersey Health System Adds Streamline Health® eValuator™

Rhea-AI Summary

Streamline Health Solutions (NASDAQ: STRM) announced a contract with a 1,600-bed health system in New Jersey to utilize its eValuator automated pre-bill coding analysis platform. This partnership aims to enhance revenue integrity and financial performance for inpatient and outpatient care. eValuator facilitates quick identification and correction of coding issues, reducing billing delays. President Ben Stilwill emphasized the importance of accurate reimbursement in supporting the health system's mission of quality care. Streamline Health focuses on technology-enabled services and analytics to maximize financial performance for healthcare providers.

Positive

• New contract signed with a 1,600-bed health system, expanding market presence.
• eValuator platform enhances revenue integrity, potentially improving financial performance.

Negative

• None.

Acquires Automated Pre-Bill Coding Analysis
for Inpatient and Outpatient Care

Atlanta, GA, March 06, 2023 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to proactively improve financial performance, announced today it has signed a contract with a 1,600-bed health system in New Jersey. The organization will use eValuator’s automated pre-bill coding analysis platform to help improve revenue integrity and financial performance from inpatient and outpatient care.

eValuator’s pre-bill code analysis makes it easy for providers to identify, quantify and expedite correction of coding issues with the highest impact on revenue integrity. With eValuator, providers can optimize financial performance from their inpatient, outpatient, and Pro-Fee encounters through one platform without billing delays.

“Adding another academic medical center-based health system in New Jersey as a partner is especially fulfilling,” stated Ben Stilwill, President, Streamline Health. “Given the complex care they provide, it’s crucial to ensure they’re reimbursed fully and accurately. Using eValuator to optimize coding integrity prior to billing will help them focus on— and better fund— their mission of delivering quality care to their community.”

About Streamline Health

Streamline Health Solutions, Inc. (Nasdaq: STRM) is dedicated to helping providers ensure they’re accurately paid for the care they provide. 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 significance of Streamline Health's contract with the New Jersey health system?

The contract enables Streamline Health to implement its eValuator platform, improving revenue integrity and potentially enhancing financial performance for the health system.

How does the eValuator platform benefit healthcare providers?

eValuator aids providers in identifying and correcting coding issues, streamlining the billing process and enhancing revenue integrity.

What impact does the new contract have on STRM's market position?

The contract strengthens STRM's market position by establishing a partnership with a major health system, reflecting growing demand for its services.

When was the contract with the New Jersey health system announced?

The contract was announced on March 6, 2023.