CINCINNATI, Jan. 29 Streamline Health Solutions, Inc. (Nasdaq: STRM), a leading provider of document workflow solutions for hospitals, today announced the General Availability of its new accessANYware 5.0 Enterprise Document Workflow Software Suite. Version 5.0 represents the ground up re-architecture and modernization of the Company's flagship document workflow solutions.
Streamline Health's initial customer implementation of Version 5.0 went live in a production environment earlier this month at a major international medical institution, supporting an enterprise master patient index of over 4 million patients across multiple facilities. The Company's enterprise document workflow software suite supports health professionals and health systems as they shift progressively from a paper intensive environment towards electronic health records.
The accessANYware 5.0 solution is Streamline Health's fifth generation document workflow platform, continuing a history of innovation since the Company's inception in 1989. Built as a service-oriented architecture upon the industry-leading Microsoft .NET® framework, this major release incorporates many enhancements and benefits to current and new customers, particularly in the areas of ease of use, configurability, supportability, reliability and scalability.
"Streamline Health has been a pioneer in the development of healthcare document workflow for the last 20 years," said J. Brian Patsy, president and CEO of Streamline Health. "But by listening and incorporating the forward-thinking ideas of our customers, many of whom represent the largest and most advanced healthcare document management installations in North America, we are able to substantially raise the bar with this re-architecture of our flagship product. We are confident we have delivered a new platform that will allow our customers to achieve comprehensive integrated document workflow solutions that will measurably enhance operating efficiencies across their entire organizations in the most cost-effective manner possible. This is an important component in effectively 'bending the cost curve' down in healthcare going forward. We are dedicated to becoming a meaningful competitor in this critical business segment."
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.
-- State-of-the-art service-oriented architecture; -- Unparalleled integration capabilities with the leading clinical, financial, and administrative systems; -- A built-in workflow designer allowing customer modifications without code changes; -- An enhanced, flexible, role-based security framework to manage compliance; -- A personalized user Interface to precisely provide the needed information; -- Multi-language support, including initially French and English.
SOURCE Streamline Health Solutions, Inc.