Streamline Health, Inc.


Home
About Streamline Health
   Financial & SEC Filings
   Press Releases
   Employment
   Directions & Hotels
Document Workflow Solutions
Services
Information Request
Company Contacts

Ph: 513.794.7100
Fax: 513.794.9770

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

 

 

News Release

COMPANY CONTACT: Click here for
Carolyn Stendahl  
Media Relations    
(513) 794-7100    

FOR IMMEDIATE RELEASE

LanVision Systems, Inc. Changes Name To Streamline Health Solutions, Inc. (NASDAQ: STRM)

CINCINNATI, Ohio    July 5, 2006 — LanVision Systems, Inc. (NASDAQ Capital Market: LANV), a leading enterprise workflow and document management firm for the healthcare industry, today announced that the Company has completed its name change to Streamline Health Solutions, Inc., and has changed its symbol on the NASDAQ Capital Market: STRM, effective immediately. The Company's shareholders approved the name change on May 24, 2006 at their annual meeting.

"This evolution is much more than just the name change," commented J. Brian Patsy, President and CEO of Streamline Health. "We have strategically invested in growing our capabilities and the breadth of the solutions we provide to enable healthcare providers to streamline their document-centric business and clinical processes. Our clients, strategic business partners, employees and stakeholders have embraced the name change as a better description of the value we bring to them."

Established since 1989, LanVision began doing business as Streamline Health on February 5, 2005, to better represent the company's vision of eliminating friction points to streamline healthcare providers' document-intensive business processes. The new name is symbolic of the company's evolution from a leading developer of document management solutions to a leading provider of enterprise solutions for integrated document workflow.

Streamline Health has positioned itself to meet the challenges of today's healthcare environments by enabling its customers to meet compliance issues by facilitating access to the complete medical record, enhancing the flow of information among various departments, and most importantly, improving patient care.

The change of the Company's name will not affect, in any way, the validity of currently outstanding stock certificates, nor will it be necessary for the Company's stockholders to surrender or exchange any stock certificates that they currently hold as a result of the name change.

About Streamline Health

Streamline Health is a leading supplier of document 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.

Streamline Health provides remote hosting services to various healthcare providers including University Hospital, a member of The Health Alliance of Greater Cincinnati, and Children's Medical Center of Columbus, OH. In addition, the Company has installed its workflow and document imaging solutions at leading healthcare providers including Stanford Hospital and Clinics, Albert Einstein Healthcare Network, Beth Israel Medical Centers, University of Pittsburgh Medical Center, Medical University Hospital Authority of South Carolina, and Memorial Sloan-Kettering Cancer Center.

"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.