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Streamline Health Solutions Enables Electronic Medical Records System for Leading Canadian Healthcare Provider
Dec 07, 2010 (09:12 AM EST)
Real-time Medical Records Set the Stage For Enhanced Decision-Making, Improved Medical Outcomes and Reduced Costs
CINCINNATI, Dec. 7, 2010 /PRNewswire/ -- Streamline Health Solutions, Inc. (Nasdaq: STRM), a leading provider of enterprise document workflow solutions for hospitals, announced today that a leading Canadian healthcare system will integrate Streamline Health's document workflow solutions into its existing enterprise clinical information system at an additional healthcare facility to enable complete real-time electronic patient medical records.
Streamline Health's integrated solution is designed to deliver improved efficiencies by providing convenient electronic access, including secure web-based access to all forms of patient information from any location. The integrated solution will offer critical features and functionality for physicians and healthcare providers to maintain and retrieve accurate, real-time, patient records within a streamlined health information exchange.
"Streamline Health is committed to providing the technological tools that pave the way for the provision of world-class healthcare," said J. Brian Patsy, president and chief executive officer of Streamline Health. "We play an important role in integrating the various software solutions that medical institutions rely on to produce the real-time electronic medical data that leads to improved decision making for better medical outcomes, improved patient quality of life and reduced healthcare costs."
Mr. Patsy continued, "The global healthcare industry is rapidly changing and the integration of our solutions can transform hospitals by optimizing business processes, improving patient care, cutting costs and driving a significant return on previous technology investments. We are pleased to serve this unique niche in the market that drives substantial value."
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.
SOURCE Streamline Health Solutions, Inc.