Virginia-Based Health System Signs New Contract for Streamline Health® eValuator™
Streamline Health Solutions (NASDAQ: STRM) has secured a contract with a 450-bed health system in Virginia to deploy its eValuator technology, aimed at enhancing revenue integrity and financial performance from patient encounters.
This initiative allows healthcare providers to address coding issues pre-billing, significantly reducing the risk of revenue leakage and denied claims. Streamline Health emphasizes its role in advancing pre-bill technology across hospitals, optimizing coding accuracy before billing and supporting transitions to new payment models. President Ben Stilwill expresses confidence in improving healthcare providers' financial outcomes.
- Secured a contract with a 450-bed health system, indicating robust business development.
- Implementation of eValuator technology aims to enhance revenue integrity and financial performance, potentially reducing revenue leakage.
- The program supports healthcare providers in optimizing coding accuracy, which is crucial for financial health.
- None.
Chooses Automated Pre-Bill Coding Analysis to Improve Financial Performance
Atlanta, GA, Jan. 24, 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 450-bed, Epic-EHR based health system based in Virginia. The organization will use eValuator’s automated pre-bill coding analysis technology to help improve revenue integrity and financial performance from inpatient and outpatient encounters.
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.
“We are thrilled to have another health system entrust us with optimizing their coding integrity prior to billing,” said Ben Stilwill, President, Streamline Health. “This is yet another milestone in our mission to help healthcare providers ensure they’re paid accurately for all services provided.”
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 secure?
How does eValuator technology benefit healthcare providers?
What is the purpose of Streamline Health Solutions' new technology?
What does the contract with the Virginia health system indicate for STRM investors?
