CINCINNATI, Jan. 18, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise document management and revenue cycle solutions for healthcare organizations, today announced that Nationwide Children's Hospital has extended its licensing agreement for five years and adds additional document management and workflow solutions to its existing Streamline Health solutions.
A national leader in pediatric care, Nationwide Children's Hospital ranks in all ten specialties in U.S. News & World Report's 2011-2012 edition of "America's Best Children's Hospitals." As part of the agreement the hospital will:
Extend its existing license an additional five years for Streamline Health's Software as a Service (SaaS) model, which provides systems management, continual monitoring, and full security for Streamline Health document management and workflow solutions; License Streamline Health's Integration Suite for Epic EMR to provide instant access to scanned clinical and financial records from within the Epic electronic medical record system with the goal of improving patient care and saving physician and staff time; License Streamline Health's FolderAnyWare, a flexible document management system that provides secure, searchable storage of almost any file type or record with the goal of improving operating efficiencies within its Patient Financial Services department, and; License Streamline Health's CharityWare workflow to speed the processing of charitable applications, with the goal of increasing productivity and enabling faster application submission for quicker reimbursement."We are pleased that Nationwide Children's Hospital will be expanding its use of our solutions," said Robert E. Watson, president and chief executive officer of Streamline Health. "By adding our non-patient centric document management system and patient financial services workflow solution we believe the hospital will take a step closer to reducing its dependence on paper. Also, by integrating our solutions with the electronic medical record system we believe the hospital will move closer to its goal of providing staff with a way to easily and quickly access the complete patient record."
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.
About Nationwide Children's Hospital
Ranked in U.S. News & World Report's 2011-12 "America's Best Children's Hospitals," Nationwide Children's Hospital is one of the nation's largest not-for-profit freestanding pediatric healthcare networks providing wellness, preventive, diagnostic, treatment and rehabilitative care for infants, children, and adolescents as well as adult patients with congenital disease. A medical staff of 1,000 and a hospital staff of 7,600 provide state-of-the-art pediatric care for more than 949,000 patient visits annually. As home to the Department of Pediatrics of The Ohio State University College of Medicine, Nationwide Children's Hospital physicians train the next generation of pediatricians and pediatric specialists. The Research Institute at Nationwide Children's Hospital is one of the top 10 National Institutes of Health-funded freestanding pediatric research facilities. Nationwide Children's remains true to the original mission since its founding in 1892 of providing care regardless of a family's ability to pay. More information is available at NationwideChildrens.org.
Epic is a registered trademark of Epic Systems Corporation.
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.
Director of Marketing Communications
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