Children's National Goes Live with Streamline Health's Audit Compliance for the Enterprise Solution
Integrated Solutions Enable Children's National to Achieve Audit Efficiency Improvement Benefits
CINCINNATI, Aug. 24 /PRNewswire-FirstCall/ -- Streamline Health Solutions, Inc. (Nasdaq CM: STRM) a leading provider of document workflow solutions for hospitals, today announced that it has successfully implemented the Audit Compliance for the Enterprise Solution (AuditACE) at Children's National in Washington, DC.
The breakthrough audit solution was introduced to the market earlier this year by Streamline Health and Children's National officials noted that they have already benefited from the workflow's ease of use and audit efficiency applications.
"Our team is very enthusiastic about the audit solution delivered by Streamline Health," said Sandra Walter, Corporate Compliance Officer at Children's National. "The flexible AuditACE solution facilitates our risk assessment methodologies with improved operational efficiencies and advanced capabilities to meet our future needs."
Streamline Health's AuditACE solution will enable Children's National to ensure its commitment to enhanced patient care focused on safety, innovative solutions and an optimized environment for even the smallest of patients. Additional benefits include:
- An efficient reimbursement process for the hospital through reduced audit recovery, proactive prevention, and comprehensive reporting analytics;
- AuditACE is customized to existing hospital procedures, ensuring a seamless transition and an accelerated adoption rate by hospital personnel;
- Built-in future audit expansion needs for both internal and external audits including RAC, MIC, PERM, ZPIC, third-party, and other government or private payers; and
- One audit framework that supports cross-functional and departmental audit initiatives.
"As the first install of AuditACE, we are pleased to deliver a solution that will be adopted at an accelerated rate, yield exceptional results and builds upon our relationship with Children's National," said J. Brian Patsy, president and CEO of Streamline Health. "Delivering robust solutions for enterprise risk management is key in helping healthcare organizations minimize risk with customizable, easy-to-use applications on a proven platform to enhance business performance metrics and manage the complete audit lifecycle."
About Children's National
Children's National Medical Center in Washington, DC, has been serving the nation's children since 1870. Home to Children's Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children's National is consistently ranked among the top pediatric hospitals by U.S.News & World Report and the Leapfrog Group. With 283 beds, more than 1,330 nurses, 550 physicians, and seven regional outpatient centers, Children's National is the only exclusive provider of pediatric care in the Washington metropolitan area. Children's National has been recognized by the American Nurses Credentialing Center as a Magnet® designated hospital, the highest level of recognition for nursing excellence that a medical center can achieve. For more information, visit www.ChildrensNational.org, receive the latest news from the Children's National press room, or follow us Facebook and Twitter.
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.
Company Contact: |
Investor Contact: |
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Streamline Health Solutions |
Lytham Partners, LLC |
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Melissa Vincent |
Joe Diaz, Robert Blum, Joe Dorame |
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Marketing Communications |
(602) 889-9700 |
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(513) 794-7100 |
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SOURCE Streamline Health Solutions, Inc.
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