CINCINNATI, Nov. 11 Streamline Health Solutions,Inc. (Nasdaq: STRM), a leading provider of integrated document management andworkflow solutions, today announced that one of the nation's largestnot-for-profit, non-sectarian hospitals, located in the New York City area,has selected Streamline Health to manage comprehensive patient information viaStreamline Health's hosted ASP model. This will be the fifth major hospital inthe New York City area utilizing Streamline Health's solutions and the fifthnew hosted customer signed this year. Streamline Health expects to implementthe solutions beginning in early 2009.
Streamline Health will integrate its hosted solution to the hospital'sexisting Eclipsys clinical information system, with the intention to enhanceoperational efficiencies and streamline overall business processes, whileallowing healthcare professionals easier access to essential patientinformation without the need for extensive on-site IT resources.
"Streamline Health is extremely pleased to offer this nationallyrecognized medical institution timely access to critical patient information,be it scanned documents or electronic data, through the integration of ourdocument workflow solution with their Eclipsys clinical information system,"stated Brian Patsy, president and CEO of Streamline Health. "Theimplementation of our comprehensive solution will permit this world-classinstitution, and its affiliated medical schools and teaching hospitals, toestablish a single point of access to essential health information forphysicians and clinicians across the enterprise, with the goal of improvingpatient outcomes and enhancing its position as one of the foremost integratedacademic health centers in the world."
About Streamline Health Solutions, Inc.
Streamline Health is a leading supplier of workflow and documentmanagement tools, applications and services that assist strategic businesspartners and healthcare organizations to improve operational efficienciesthrough business process optimization. The Company provides integrated toolsand technologies for automating document-intensive environments, includingdocument workflow, document management, e-forms, portal connectivity, opticalcharacter recognition (OCR) and interoperability.
The Company's workflow-based services offer solutions to inefficient andlabor-intensive healthcare business processes throughout the revenue cycle,such as chart coding, abstracting and completion, remote physician orderprocessing, pre-admission registration scanning and signature capture,insurance verification, secondary billing services, explanation of benefitsprocessing and release of information processing. The Company's solutionsalso address the document workflow needs of the Human Resource and SupplyChain Management processes of the healthcare enterprise. All solutions areavailable for purchase or through a remote hosting services model that bettermatches customers' capital or operating budget needs.
Streamline Health's solutions create a permanent document-based repositoryof historical health information that is complementary and can be seamlesslyintegrated with existing disparate clinical, financial and administrativeinformation systems, providing convenient electronic access to all forms ofpatient information from any location, including secure web-based access.These integrated solutions allow providers and administrators to link existingsystems with documents, which can dramatically improve the availability ofpatient information while decreasing direct costs associated with documentretrieval, work-in-process, chart processing, document retention, andarchiving.
For additional information, please visit our website athttp://www.streamlinehealth.net.
"Safe Harbor" statement under the Private Securities Litigation Reform Actof 1995
Statements made by Streamline Health Solutions, Inc. that are nothistorical facts are forward-looking statements that are subject to risks anduncertainties. The forward-looking statements contained herein are subject tocertain risks, uncertainties and important factors that could cause actualresults to differ materially from those reflected in the forward-lookingstatements, included herein. These risks and uncertainties include, but arenot limited to, the impact of competitive products and pricing, product demandand market acceptance, new product development, key strategic alliances withvendors that resell the Company products, the ability of the Company tocontrol costs, availability of products produced from third party vendors, thehealthcare regulatory environment, healthcare information systems budgets,availability of healthcare information systems trained personnel forimplementation of new systems, as well as maintenance of legacy systems,fluctuations in operating results and other risks detailed from time to timein the Streamline Health Solutions, Inc. filings with the U.S. Securities andExchange Commission. Readers are cautioned not to place undue reliance onthese forward-looking statements, which reflect management's analysis only asof the date hereof. The Company undertakes no obligation to publicly releasethe results of any revision to these forward-looking statements, which may bemade to reflect events or circumstances after the date hereof or to reflectthe occurrence of unanticipated events.NEWS MEDIA CONTACTS: INVESTOR CONTACTS: Melissa Vincent Lytham Partners, LLC Marketing Communications Joe Diaz, Robert Blum or Joe Dorame (513) 794-7100 (602) 889-9700 STRM@lythampartners.com
SOURCE Streamline Health Solutions