Another Large Multi-Facility Healthcare provider Signs New Contract for Streamline Health® eValuator™
Long-Time Client Looks to Improve Revenue Integrity with eValuator™ Pre-Bill Coding Analysis
Atlanta, GA – August 8, 2019 – Streamline Health Solutions, Inc. (NASDAQ: STRM), provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises, today announced it signed a contract for Streamline Health eValuator with a large existing client on July 31, 2019. The healthcare provider will use eValuator’s cloud-based automated pre-bill coding analysis technology to help improve both their inpatient and outpatient coding and revenue integrity.
Streamline Health is leading an industry movement to improve healthcare providers’ financial performance by moving mid-to-late revenue cycle interventions upstream, optimizing coding accuracy for every patient encounter prior to bill submission. By improving coding accuracy before billing, providers can reduce lost revenue, mitigate overbill risk, and reduce denials and days in A/R. This enables providers to turn unpredictable revenue cycles into dynamic revenue streams. In addition, providers can leverage eValuator’s capabilities to improve the efficiency of post bill audits by focusing only on those records with the greatest financial impact or propensity to be less than 100% accurate.
“It’s especially nice to win the confidence of long-time clients through the addition of new solutions and services like eValuator,” stated Tee Green, Interim President and Chief Executive Officer, Streamline Health. “With the size and scope of this client, deploying eValuator for both inpatient and outpatient pre-billing analysis should make an immediate impact in terms of compliance and revenue integrity across their entire system.”
About Streamline Health
Streamline Health Solutions, Inc. (NASDAQ: STRM) is a healthcare industry leader in capturing, aggregating, and translating enterprise data into knowledge¬ – producing actionable insights that support revenue cycle optimization for healthcare enterprises. We deliver integrated solutions, technology-enabled services and analytics that empower providers to drive revenue integrity in a value-based world. We share a common calling and commitment to advance the quality of life and the quality of healthcare – for society, our clients, the communities they serve, and the individual patient. For more information, please visit our website at www.streamlinehealth.net.
Disclosure Regarding Client Relationships
This announcement may contain statements regarding the availability and sale of solution offerings from Streamline Health Solutions, Inc. Readers should understand that inherent risks in contractual relationships, such as changes in duration, scope or volume and similar unanticipated events, may come into play, and readers are cautioned to consider such factors in any reliance on these statements.
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