Peak Health Solutions Signs New Contract for Streamline Health® eValuator™ Automated Pre-bill Analysis Solution
Peak Health Solutions to Use and Resell eValuator to Its Nationwide Base of Clients
Atlanta, GA – December 20, 2018 – Streamline Health Solutions, Inc. (the “Company”) (NASDAQ: STRM), provider of integrated solutions, technology-enabled services and analytics supporting revenue cycle optimization for healthcare enterprises, today announced it signed a contract with Peak Health Solutions for Streamline Health eValuator, its new cloud-based automated pre-bill coding analysis technology. Peak Health Solutions also signed a Master Services Agreement with the Company enabling it to resell eValuator to its client base.
Peak Health Solutions, an AMN Healthcare company, provides clinical documentation improvement, coding, auditing and related training and educational services to its national clients including multi-facility hospital systems, large IDN’s, teaching and community hospitals and large physician practices. In addition, Peak’s government division supports the United States Armed Forces, including the Department of Veterans Affairs, Navy, Air Force and Army.
“We are pleased to have Peak Health Solutions become the latest organization to use eValuator to help them improve their coding accuracy and improve their revenue integrity,” stated David Sides,president and chief executive officer of Streamline Health. “Additionally, we look forward to helping Peak resell access to our automated, pre-bill coding analysis platform to its broad base of provider organizations across the country.”
“Streamline Health’s eValuator pre-bill coding analysis technology will be a valuable tool for both increased optimization and analytics and we are excited to bring this technology to our clients,” said Justin Schmidt, senior vice president and founder of Peak Health Solutions. “The fact that Streamline has inpatient, outpatient and professional fee applications works very well for us and our diverse client base.”
About Peak Health Solutions
Peak Health Solutions, an AMN Healthcare company (NYSE: AMN), is a leading national provider of mid-revenue cycle solutions to the acute care and physician practice markets. They provide customizable services include remote medical coding, clinical documentation improvement (CDI), compliance and revenue integrity auditing, denials management, physician training and education, HIM optimization, preceptor development, and interim HIM staffing. Peak provides both fully and partially outsourced solutions through its domestic and offshore capabilities. Peak’s national client footprint includes multi-facility hospital systems, large IDN’s, teaching and community hospitals, and large physician practices. Peak’s government division supports the United States Armed Forces, including the Department of Veterans Affairs, Navy, Air Force and Army. For more information, visit www.peakhs.com.
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.
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Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements included herein. Forward-looking statements contained in this press release include, without limitation, statements regarding the Company's growth opportunities and revenue growth strategy. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive solutions and pricing, solution demand and market acceptance, new solution development and enhancement of current solutions, key strategic alliances with vendors and channel partners that resell the Company's solutions, the ability of the Company to control costs, availability of solutions from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry generally and the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.
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