Streamline Health Solutions, Inc. (Nasdaq: STRM) a leading provider of document workflow solutions for hospitals, today announced that one of the country's leading healthcare organizations expects to open a new facility utilizing Streamline Health's Suite of Health Information Management document workflow solutions. This new premier outpatient heart and vascular clinic will integrate Streamline Health solutions into its EpicCare® medical record management system from Epic Systems Corporation. The clinic will deploy the integrated solutions to enhance business processes, boost productivity, and help promote transition of care beyond the hospital setting in order to provide the highest quality of care for heart failure patients. The total value of the contract is estimated to exceed $330,000 excluding maintenance services with implementation expected to be completed in the first half of 2011.
Streamline Health will help this nonprofit health care delivery system, one of the largest faith-based in the United States, to promote excellent cardiac services and facilitate better care for all patients by improving operational efficiencies through business process optimization. The implementation of Streamline Health's document workflow solutions at the cardiovascular outpatient clinic will automate vital workflows and provide physicians immediate access to critical patient data. The result will be accelerated clinical decisions based on comprehensive electronic health records.
"We are particularly pleased to provide the new heart and vascular outpatient clinic with document workflow solutions that link the quality of care to better patient outcomes," stated J. Brian Patsy, president and CEO of Streamline Health. "Our HIM Suite of document workflow solutions look to generate a more efficient and streamlined approach to view the patient's entire health record. By eliminating business process delays, the hospital organization can better serve its patients and the community with quick, accurate, and leading-edge cardiac care services."
"This transaction represents another important step on the way to achieving our sales goals for the fiscal year," continued Mr. Patsy. "Our highly focused sales and marketing efforts are being rewarded with new contracts that are driving our backlog and increasing our recurring revenue stream for the coming years. We are pleased with the progress being made as we move into our fiscal fourth quarter."