News Release
FOR IMMEDIATE RELEASE
Cincinnati, Ohio November 13, 2006 — Streamline Health Solutions, Inc. (NASDAQ Capital Market: STRM) today announced that Forbes magazine named Streamline Health to its 2006 list of The 200 Best Small Companies, appearing in the October 30, 2006 issue.
Streamline Health, ranked 56th on the Forbes list, is one of the leading providers of integrated document workflow solutions for healthcare organizations. To qualify for this list, Forbes bases its selection of businesses on the following criteria: businesses with sales between $5 million and $750 million, positive growth over the past five years and in the past 12 months, net profit margins greater than 5 percent, and a share price of more than $5.
“Streamline Health is honored to be selected by Forbes magazine for this recognition,” commented J. Brian Patsy, chief executive officer at Streamline Health. “We have continued to strategically grow the breadth of our solutions, which enables healthcare providers to streamline their business and clinical document workflows, leading to increased productivity and enhanced patient care. Our vision is to align Streamline Health with strategic business partners and healthcare organizations to improve operational efficiencies through business process optimization.”
About Streamline Health
Streamline Health is a leading supplier of 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 technology for automating document-intensive environments, including document workflow, document management, e-forms, portal connectivity, optical character recognition (OCR), and interoperability.
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 processes 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 secure web-based access. These integrated solutions allow providers and administrators to link existing 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: www.streamlinehealth.net.
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