Streamline Health® Partner Signs New Contract to Utilize RevID™ at California-Based Medical Center

Rhea-AI Summary

Streamline Health Solutions (NASDAQ: STRM) announced a new contract for its RevID system with a 350-bed California medical center, enhancing healthcare revenue integrity through automated charge reconciliation. This solution aims to improve financial performance by ensuring accurate billing and payment for services rendered. The company is promoting pre-bill technology solutions to further support healthcare providers in capturing necessary charges. Ben Stilwill, President of Streamline Health, emphasizes the importance of partnerships to optimize financial results for healthcare clients.

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• New contract signed with a 350-bed medical center in California for RevID implementation.
• RevID's automated charge reconciliation expected to enhance revenue integrity and financial performance.

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• None.

Leveraging RevID’s Automated Charge Reconciliation for Improved Financial Performance

Atlanta, GA, Jan. 26, 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 a partner for the use of RevID at a 350-bed medical center based in California. Through its automated charge reconciliation, RevID will contribute to improved revenue integrity and financial performance.

Streamline Health is leading an industry movement to improve hospital financial performance through pre-bill technology solutions. RevID’s automated charge reconciliation ensures that providers can accurately capture, bill and ultimately be paid for all the care they provide.

“Our partners are entrusted with helping their clients improve operational and financial results, and we appreciate their faith in RevID’s ability to optimize charge capture at this medical center,” said Ben Stilwill, President, Streamline Health. “We look forward to accelerating the adoption of our unique, innovative solutions through our partners to help our nation’s healthcare providers receive accurate payment for the services they offer.”

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 recent contract did Streamline Health Solutions sign?

Streamline Health Solutions signed a contract for its RevID system with a 350-bed medical center in California.

How does RevID improve financial performance for healthcare providers?

RevID improves financial performance by ensuring accurate charge capture and billing through automated reconciliation.

What is the stock symbol for Streamline Health Solutions?

The stock symbol for Streamline Health Solutions is STRM.

When was the announcement about the new contract made?

The announcement regarding the new contract was made on January 26, 2023.