ATLANTA, Nov. 1, 2018 /PRNewswire/ -- 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 on October 26 with Citizens Medical Center in Victoria, Texas for Streamline Health's eValuator™, its new cloud-based automated pre-bill coding analysis technology.
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.
"As a not-for-profit hospital serving South Texas for more than 50 years, we pride ourselves on delivering outstanding, compassionate patient care and on being able to grow to meet the demands of the communities we serve," stated Duane L. Woods Jr., CFO, Citizens Medical Center. "That's why we are always looking for ways to help us improve our financial performance, and we believe Streamline Health's new eValuator pre-bill coding analysis technology will help us do that. By analyzing every coded record before it's billed, we can make sure that we are requesting the correct amount– being fairly reimbursed for all care delivered to our patients—no more and no less."
"We are pleased to add another new Texas-based client such as Citizens Medical Center to our roster of new eValuator users," stated David Sides, President and Chief Executive Officer, Streamline Health. "Every healthcare provider we serve today is looking for the best ways to ensure financial viability, and one way is to make sure they are getting fully and fairly reimbursed for all care delivery under today's increasingly complex payment guidelines. Our cloud-based, pre-bill coding analysis technology enables Citizens to check each and every patient bill before it goes out the door, ensuring that they don't under bill or over bill payors. Revenue integrity is the name of the game, and we are committed to helping healthcare providers throughout the country to achieve better financial results through improved coding accuracy."
About Citizens Medical Center
Citizens Medical Center is a not-for-profit hospital known for compassionate patient care, clinical expertise, and bringing advanced medical services to the South Texas region since 1956. Today, Citizens is a 338-bed acute care hospital with over 1,200 employees. Citizens Medical Center is recognized for its outstanding cardiology program which includes an accredited Chest Pain Center and an approved STEMI receiving center for heart attack patients. Citizens has an accredited Comprehensive Community Cancer Program by the American College of Surgeons Commission on Cancer and has a 24/7 emergency department, advanced Level III Trauma facility and onsite medical helicopter, a primary stroke center, imaging and surgery centers, sleep study center, Women's Pavilion with labor and delivery, a recognized center of excellence for bariatric surgery, advanced pediatrics including the area's only Neonatal Transport Service, state-of-the-art rehabilitation and fitness, urology and daVinci robotics minimally invasive surgery options, a home health agency, and has a long history of providing continuing education for physicians, nurses, other healthcare providers and the community. To learn more about Citizens Medical Center or to find a physician, go to www.citizensmedicalcenter.org.
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.
Company Contact:
Randy Salisbury
SVP, Chief Marketing Officer
(404) 229-4242
randy.salisbury@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.