Streamline Health (STRM) Document Workflow Solutions Purchased By Tampa-Based Hospital

CINCINNATI, Sept. 8 /PRNewswire/ — Streamline Health Solutions, Inc. (Nasdaq: STRM) a leading provider of document workflow solutions for hospitals, today announced that a leading Tampa, Florida-based medical institution has purchased three additional workflow licenses to expand the use of Streamline Health’s document workflow solutions to help optimize business processes across the enterprise and improve operational efficiencies. Streamline Health expects at least two of the workflow solutions to be fully implemented and operational prior to the conclusion of the current fiscal year.

“We expect that Streamline Health’s document workflow solutions will be crucial in driving higher levels of productivity and accountability for essential business processes within our customer’s organization,” said J. Brian Patsy, president and chief executive officer of Streamline Health. “We are confident these solutions will meet their specific needs for flexibility, while managing business processes for future growth. The hospital will utilize these workflows to drive operating efficiencies across departments as it continues to enhance productivity and simplify processes.”

The medical institution will leverage its existing Streamline Health technology investments with the implementation of Streamline Health’s business process document workflow solutions as follows:

• Contract Management Workflow automates the business process for managing and tracking contracts, thereby ensuring timely approvals. Authorized users are provided simultaneous access to documents which are retained in a repository that automatically alerts departments when contract renewal dates are fast approaching.
• Application Service Request Workflow enhances and tracks information technology infrastructure requests for increased productivity and cost savings. As a result, hospitals can better control expenditures through automated routing and approval of application service requests across the enterprise i.e. IT equipment, telecommunications, etc.
• Administrative Request Workflow automates manual processes associated with paper forms for tracking approvals, thereby reducing operational costs and improving employee productivity.

Mr. Patsy continued, “We are excited about the opportunity to provide this leading hospital with solutions that offer ease of use, departmental flexibility and a high rate of adoption by hospital personnel. Streamline Health’s business process workflows will boost productivity and contain costs in the very near term with a substantial return on investment. We look forward to expanding our relationship with this valued customer in the coming years.”

About Streamline Health

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.

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.