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."