Streamline Health, Inc.


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Streamline Health Solutions, Inc.
NASDAQ:(STRM)
10200 Alliance Road, Suite 200
Cincinnati, OH 45242

 

 
 

June 8, 2006

News Release

Company Contact:    Carolyn Stendahl, Media Relations
(513) 794-7100

Streamline Health and Standard Register Announce Strategic Alliance

Leading Document Solution Providers Integrate Products to Improve Flow of Information within Hospitals

CINCINNATI and DAYTON, Ohio   June, 8, 2006 --- LanVision Systems Inc. d/b/a Streamline Health (NASDAQ: LANV), a leading provider of enterprise document workflow solutions and Standard Register (NYSE:SR), a leading provider of document services, today announced they have formed a new alliance to enable hospitals to improve the efficiency of their document-centric business processes.

The alliance brings together Streamline Health's accessANYwareTM electronic document repository with Standard Register's Patient LinkUpT Enterprise and Secure Admissions Suite to streamline the process of collecting patient information at registration, as well as providing access to that data to improve the revenue cycle and enhance patient care across the healthcare enterprise.

Under the alliance agreement, Streamline Health and Standard Register will integrate and co-market solutions to their combined customer communities. "Our customers have articulated the need to more efficiently handle documents to streamline their key business processes," said Scott Lenz, executive director of business and market development for Streamline Health. "With Standard Register, we leverage their immense experience in helping hospitals to migrate from the world of pre-printed forms to the tangible benefits of integrated document workflow."

Recently, both companies began working on an integration project at a mutual customer, a 390-bed hospital located in the Northeast section of the United States. At this facility, their combined solution will include integration with the hospital's registration system and other key clinical and financial systems to provide seamless access to electronic documents.

"Streamline Health is very focused on solving the challenges our healthcare clients face in migrating to electronic document management, such as processing patient information more efficiently while reducing costs and addressing regulatory requirements. Our alliance with Streamline Health enhances the benefits we deliver through our technology solutions, including the simplicity of an ASP-hosted solution to more easily manage documents on demand," commented Joe Morgan, chief technology officer and general manager of Standard Register's On Demand Solutions Group.

About Standard Register

Standard Register (NYSE:SR) is a premier document services provider, trusted by companies to manage the critical documents they need to thrive in today's competitive climate. Relying on nearly 100 years of industry expertise, Lean Six Sigma methodologies and leading technologies, the company helps organizations increase efficiency, reduce costs, mitigate risks, grow revenue and meet the challenges of a changing business landscape. It offers document and label solutions, e-business solutions, consulting, and print supply chain services to help clients manage documents across their enterprise. More information is available at www.standardregister.com.

About Streamline Health

Streamline Health is a leading supplier of workflow and document management tools, applications and services that assist strategic business partners, healthcare organizations, and customers to create and improve operational efficiencies through business process re-engineering and automating demanding document-intensive environments. The company’s workflow-based services offer solutions to inefficient and labor-intensive healthcare business processes throughout the revenue cycle, such as chart coding, abstracting and completion, remote physician order processing, pre-admission registration scanning and signature capture, insurance verification, secondary billing services, explanation of benefits processing and release of information processing. The company’s solutions also address the document workflow needs of the Human Resource and Supply Chain Management departments of the healthcare enterprise. All solutions are available for purchase or through a remote hosting services model that better matches customers’ capital or operating budget needs.

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 access using a web-browser through the Intranet/Internet. These integrated systems allow providers and administrators to link systems with documents, which can dramatically improve the availability of patient information while decreasing direct costs associated with document retrieval, work-in-process, chart processing, document retention, and archiving. For additional information, please visit our website at http://www.streamlinehealth.net.

“Safe Harbor” statements under the Private Securities Litigation Reform Act of 1995

Statements made by LanVision Systems, Inc., d/b/a Streamline Health, that are not historical facts are forward-looking statements that are subject to risks and uncertainties. The forward-looking statements contained herein are subject to certain risks and uncertainties 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 impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell Streamline Health products, the ability of the Company to control costs, availability of products produced from third party vendors, the healthcare regulatory environment, 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 and other risks detailed from time to time in the LanVision Systems, 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.

©2008 Streamline Health Solutions, Inc. All rights reserved.