Return on Investment

    Streamline Health helps organizations overcome challenges that impact processes, patients, employees – and their bottom line. Below are actual statistics from Streamline Health clients after implementing our solutions. If you’re looking for these types of results from your document management partner, contact us today.

    1,600+ Bed Healthcare System serving Florida and Alabama

    • Less than two months after implementing system had its highest cash month in history
    • Almost one year after Go-Live average monthly collections are still 10% higher than prior to the implementation of the workflow management solution
    • Average monthly cash payments decreased $2.6 million after go-live
    		 900+ Bed Healthcare System in California

    • Three months after implementing OpportunityAnyWare, the system had its highest cash month in history by >$10 million
    • Collections for first three months post implementation were 12.7% higher than before OpportunityAnyWare
    • Average monthly cash payments decreased $6.9 million after go live
    86 Bed Hospital in North Dakota

    • Within 45 days of implementing OpportunityAnyWare, the system had its highest cash month in the history of the organization
    • During the seven months after implementation, average monthly payments increased over 11% or in excess of $1.1M per month
    1,000+ Bed, 7 Hospital Integrated Delivery Network in Indiana

    • Physicians save up to 2.5 hours per week on average by accessing and completing charts electronically
    • Reduced chart delinquency rates by more than 50%, from approximately 85% to under 10%, and has continued to stay at that level for 2 years
    • The coding function across the seven hospitals is now managed as one virtual department, reducing overtime and backlogs
    • Eliminated travel expenses for outsourced coding and audit companies
    • Reduced 10 FTEs over all
    • 58% reduction in A/R
    		 Hospital System with Multiple Medical Center Campuses in Wisconsin

    • Chart Delinquency Rate dropped from 47% to 8%
    • Decreased overtime percentage in the clerical areas (filing, prep, scan, QA, ROI) by 60%
    • Reduced HIM FTE wages budget by 8%
    • Patient records scanned, indexed, and available within 24 hours of discharge
    • QA is done before the charts are analyzed eliminating backlogs
    • Replaced outsource company and brought Release of Information (ROI)function, and its corresponding revenue, completely back in house without adding additional staff
    105-Bed Hospital in Kentucky

    • Reduced coding time by 43%
    • Reduced chart completion time by 18%
    • Saved over $1M in A/R by optimizing operational processes and eliminating 3.5 days in time to bill
    • Reduced chart abstracting time by 37%
    		 710-Bed Hospital System in Texas

    • Attained a coder retention rate of 95% while improving coding productivity by 10 percent
    • Decreased delinquent charts by 50%
    • Reduced Discharged-Not-Final-Billed (DNFB) by 22%
    900-Bed Hospital System in Florida

    • Reduced chart coding turnaround time from 5 days to 2 days for Discharged Not Final Coded (DNFC)
    • Able to bill a full 1 day sooner after discharge, improving cash flow
    • All records are scanned and available for secure access across the entire clinician community within 48 hours of discharge
    • Physicians have the entire set of medical records available to them online, and no longer have to make trips to the HIM department.
    		 Premier Cancer Center in New York

    • 20% increase in productivity
    • 12.3% reduction in staff
    • 11% reduction in storage space
    • Elimination of Microfilm costs of approximately $230,000 per year
    • 26% reduction in A/R
    • Return on investment in two years