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Pennsylvania-Based Health System Signs New Contract for Streamline Health® eValuator™

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Streamline Health Solutions (NASDAQ: STRM) has secured a contract with a seven-hospital health system in Pennsylvania to implement its eValuator automated coding analysis technology. This initiative aims to enhance revenue integrity and financial performance in inpatient and outpatient services. By identifying coding issues pre-billing, the solution seeks to reduce revenue leakage and denied claims. Streamline Health focuses on improving financial performance through compliant revenue capture, emphasizing a transition to new payment models.

Positive
  • Secured a contract with a seven-hospital health system, indicating strong demand for coding analysis technology.
  • The eValuator program aims to reduce revenue leakage and enhance financial performance, which may lead to increased client satisfaction.
  • Focus on pre-bill technology could position Streamline Health favorably within the healthcare industry.
Negative
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Regional Provider Chooses Automated Coding Analysis for
Inpatient and Outpatient Care to Improve Revenue Performance

Atlanta, GA, Feb. 22, 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 seven hospital, Epic-EHR based health system in Pennsylvania. 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 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 & 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.

“As a leading care provider for central and southeastern Pennsylvania, our newest partner plays an important role in supporting the region, and we’re proud they’ve entrusted us to help optimize coding accuracy and financial performance prior to billing,” stated Tee Green, President and Chief Executive Officer, Streamline Health Solutions. “With robust analysis and automation, eValuator will help improve their revenue cycle operations for increased compliant revenue capture across the health system.”

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


FAQ

What recent partnership did Streamline Health Solutions announce?

Streamline Health Solutions announced a partnership with a seven-hospital health system in Pennsylvania to implement their eValuator coding analysis technology.

How does the eValuator technology help healthcare providers?

The eValuator technology helps healthcare providers identify and address coding issues before billing, which can reduce revenue leakage and denied claims.

What is the focus of Streamline Health Solutions' services?

Streamline Health Solutions focuses on improving revenue integrity and financial performance for healthcare organizations.

What does the eValuator program aim to improve?

The eValuator program aims to optimize coding and documentation accuracy prior to billing, enhancing financial performance.

When was the contract with the Pennsylvania health system signed?

The contract was signed on February 22, 2022.

Streamline Health Solutions, Inc.

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