CINCINNATI, Jan. 10, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM), a leading provider of enterprise document management and revenue cycle solutions for healthcare organizations, today announced the addition of Michael K. Kaplan, founder and managing director of Altos Health Management, to its Board of Directors.

Mr. Kaplan brings more than twenty years of healthcare experience as an operator, acquirer, venture investor, board member, consultant, and investment banker. Prior to founding Altos Health Management, Mr. Kaplan was a partner at Three Arch Partners, a venture capital firm focused on healthcare. He was involved with 18 portfolio companies during nearly a decade at Three Arch. Before joining Three Arch Partners, Mr. Kaplan was an operating executive at Blue Shield of California where he had a variety of roles, including vice president of corporate development and strategic planning, regional chief executive for Northern California, and vice president of business transformation. Earlier in his career, Mr. Kaplan was a senior manager in consulting for APM Incorporated/CSC Healthcare and a financial analyst at Kidder, Peabody & Co. Incorporated.

"The addition of Mr. Kaplan to our Board of Directors is further indication of our Company's forward momentum," said Robert E. Watson, president and chief executive officer of Streamline Health. "He brings to Streamline Health a wealth of healthcare experience and we are confident he will support our Company as it continues on its path of strategic growth."

"I am pleased to be joining the Streamline Health Board of Directors and for the opportunity to work with this team," said Michael K. Kaplan. "It is an exciting time for the field of healthcare information technology, and for companies like Streamline Health. I look forward to offering my knowledge and experience to assist with the Company's future."

About Streamline Health

Streamline Health provides leading-edge technology solutions that help healthcare provider organizations improve the quality of patient care, reduce operating expense, and optimize revenue. Our Software as a Service solutions simplify and facilitate improved patient access, transition paper-based content to electronic records, and provide increased transparency to key financial metrics. For more information please visit our website at 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.

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SOURCE Streamline Health Solutions, Inc.