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PARKVIEW HEALTH TO UPGRADE TO STREAMLINE HEALTH’S accessANYware® v1.9
Cincinnati, Ohio – July 21, 2011 – Streamline Health Solutions, Inc. (NasdaqCM: STRM), a leading provider of document workflow solutions for hospitals, announced today that Parkview Health has signed an agreement to upgrade to accessANYware v1.9. Under the terms of the agreement, the healthcare system will upgrade to accessANYware v1.9 in six of the healthcare system’s hospitals. By migrating to the latest version of accessANYware the medical center will move closer to their goal of ICD-10 compliance and certification for meaningful use, and receive additional functionality for improved efficiencies.
“We are pleased that Parkview Health, a client since 2002, has decided to upgrade to accessANYware v1.9,” said Robert Watson, president and chief executive officer of Streamline Health. “accessANYware v1.9 shows our commitment to ensuring our products continue to meet the needs of our clients in an ever-changing healthcare environment. We look forward to our continued collaboration with this leading healthcare system.”
Ron Double, chief information officer at Parkview Health, said, “Parkview Health has been successfully partnering with Streamline Health for many years in multiple hospitals within our system. We are looking forward to this release of accessANYware to help our hospitals as they prepare to meet the new ICD-10 code set challenges, while providing additional functionality that will benefit our clinical and administrative staff – and ultimately our patients.”
About Parkview Health
Parkview Health is a not-for-profit, community-based health system that serves northeast Indiana, northwest Ohio and southern Michigan. Parkview is home to the region’s first Verified Level II Adult and Pediatric Trauma Centers. Additional services include the Samaritan Flight Program, Parkview Heart Institute, Parkview Ortho Hospital, a Certified Stroke Center, Women’s & Children’s Hospital, Outpatient Center, and Comprehensive Cancer Center. The $536 million Parkview Regional Medical Center is under construction and will open to patients in March 2012. As one of the area’s largest employers with 7,500 full and part-time employees, Parkview’s mission is to provide quality health services and improve the health of the communities it serves. More information on Parkview Health can be found at www.parkview.com.
About Streamline Health
Streamline Health is a leading supplier of document workflow and document management tools, applications and services that assist strategic business partners and healthcare organizations to improve operational efficiencies through business process optimization. The Company provides integrated tools and technologies for automating document-intensive environments, including document workflow, document management, e-forms, connectivity, optical character recognition (OCR) and business process integration.
Streamline Health’s solutions create a permanent document-based repository of historical health information that is complementary and can be seamlessly integrated with existing disparate clinical, financial and administrative information systems, providing convenient electronic access to all forms of patient information from any location, including secure web-based access. For additional information, please visit our website at http://www.streamlinehealth.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein 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. 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 products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company’s products, the ability of the Company to control costs, availability of products obtained 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 Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, 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.