Streamline Health® Expands eValuator™ Footprint With Existing Client

Rhea-AI Summary

Streamline Health Solutions, a leading provider of healthcare solutions, has expanded its contract with a Florida-based healthcare provider to include additional facilities. The client saw significant ROI following the implementation of eValuator, Streamline Health's pre-bill technology solution. This expansion reflects the client's satisfaction with eValuator's AI-enhanced pre-bill code auditing, ensuring accurate billing and payment.

Positive

• Significant ROI for the client following eValuator implementation

• Expansion of contract to include additional acquired facilities

• Client satisfaction leading to quick utilization expansion of eValuator

• Streamline Health leading industry movement to improve hospital financial performance

Negative

• None.

Following an efficient implementation process, a leading Florida-based healthcare provider is expanding its footprint and utilization of eValuator

Atlanta, GA, April 29, 2024 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to improve financial performance, announced that it has expanded its existing contract with a 1,250 bed, Epic-based academic medical center serving central Florida. The health system recently completed its initial implementation of eValuator and has elected to expand its utilization to include additional acquired facilities.

Streamline Health is leading an industry movement to improve hospital financial performance through pre-bill technology solutions. eValuator’s AI-enhanced pre-bill code auditing ensures that providers can accurately capture, bill and ultimately be paid for all the care they provide, while avoiding denials.

“We are thrilled to grow alongside our client so quickly following their eValuator go-live” stated Ben Stilwill, President and Chief Executive Officer, Streamline. “Within a month of go-live our client saw significant ROI, partially driven by our new AI-generated rules. As a result of their experience with Streamline Health’s powerful solution and dedicated team members, the client quickly expanded utilization of eValuator to their new facilities to have a unified platform across the 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

Contact
Jacob Goldberger
Vice President of Finance
303.887.9625
jacob.goldberger@streamlinehealth.net

FAQ

What is eValuator?

eValuator is Streamline Health's pre-bill technology solution that enables accurate billing.

Who is the client in the press release?

The press release mentions a Florida-based healthcare provider with a 1,250 bed, Epic-based academic medical center.

What is the stock symbol for Streamline Health Solutions?

The stock symbol for Streamline Health Solutions is NASDAQ: STRM.

What is the focus of Streamline Health Solutions?

Streamline Health Solutions focuses on enabling healthcare organizations to improve financial performance and address revenue leakage.

What is the purpose of the expansion mentioned in the press release?

The expansion involves increasing the utilization of eValuator to include additional acquired facilities.

Who is the President and CEO of Streamline Health Solutions?

Ben Stilwill is the President and Chief Executive Officer of Streamline Health Solutions.