CINCINNATI, Dec. 10 Streamline Health Solutions, Inc. (Nasdaq: STRM) a leading provider of document workflow solutions for hospitals, today announced that St. Vincent's Medical Center in Bridgeport, Connecticut, has selected Streamline Health to provide a workflow solution to ensure compliance with OSHA Voluntary Protection Programs. The Voluntary Protection Programs (VPP) promotes effective worksite-based safety and health. St. Vincent's Medical Center is a 473-bed teaching and referral hospital and is a member of Ascension Health, the nation's largest Catholic and nonprofit health system in the United States comprised of 38 hospitals covering 500 locations in 19 states and the District of Columbia.
"In selecting Streamline's Contractor Management Workflow, we will now be able to optimize what had been a very manual, labor-intensive compliance process," said Berwyn Kelley, MBA, Director Materials Management, St. Vincent's Medical Center. "In addition, we will now have complete transparency with automated workflow triggers to alert us when a contract has expired or if a contractor is out of compliance. Streamline was the only vendor that provided a complete process optimization solution addressing our compliance needs for both our vendors and our contractors, plus we wanted a proven ASP delivery model with subscription-based pricing. Ease of use and rapid speed to value are equally important and were key determinants as well."
Streamline's innovative Contractor Management Solution uses a highly configurable rules-based workflow engine, combined with industry leading document management and workflow capabilities. The configurable solution is designed to fit the customer's unique compliance process needs, as opposed to forcing the customer to fit a hard-coded solution. The result is smart technology that delivers rapid and successful adoption as well as a quick return on investment.
"We are pleased to have this opportunity to work with St. Vincent's Medical Center on this important compliance initiative that we believe will become a best practice throughout Ascension Health," said J. Brian Patsy, President and CEO of Streamline Health.
About St. Vincent's Medical Center
St. Vincent's Medical Center in Bridgeport, CT is a 473-bed community teaching and referral hospital with a Level II trauma center and a 76-bed inpatient psychiatric facility in Westport. St. Vincent's provides a full range of inpatient and outpatient services with regional centers of excellence in cardiology, surgery, cancer care, orthopedics, diagnostics, women's and family services, behavioral health, senior health and an array of specialized services.St. Vincent's Medical Center is a subsidiary of St. Vincent's Health Services, which include St. Vincent's Behavioral Health Services, Westport Campus, St. Vincent's College, St. Vincent's Special Needs Services and St. Vincent's Medical Center Foundation.
About Streamline Health Solutions, Inc.
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.
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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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Company Contact: Investor Contact:---------------- -----------------Streamline Health Solutions Lytham Partners, LLCMelissa Vincent Joe Diaz, Robert Blum, Joe DorameMarketing Communications (602) 889-9700(513) 794-7100 [email protected]
SOURCE Streamline Health Solutions, Inc.