Streamline Health Solutions Inc. (NASDAQ: STRM) stock gained by 0.62% at last close while the STRM stock price rises further by 7.98% in the after-hours trading session. For healthcare professionals, Streamline Health Solutions is a pioneer in pre-bill revenue integrity solutions. Their eValuator Revenue Integrity Program consists of integrated systems, technology-driven services, and analytics that help businesses generate compliant revenue.
What’s up with STRM stock?
Streamline Health Solutions has entered into a contract with a 200-bed Missouri hospital that uses the Allscripts EMR. To assist enhance revenue stability and financial results from its inpatient services, the hospital will employ eValuator’s cloud-based automated pre- and post-bill coding analysis technology.
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Streamline Health is spearheading an industry initiative to allow every hospital in the state to adopt pre-bill technology to boost financial results. Providers are discovering and correcting coding errors using eValuator before they lead to revenue leakage, rejected claims, and non-compliance risk. To provide a full Revenue Integrity Program to its consumers, the firm integrates innovative technology with professional auditing services. The eValuator tool assists users in optimizing coding and documentation accuracy before to billing for each patient contact, significantly increasing current business results and aiding in the transition to new payment models.
Tee Green, President and CEO, Streamline Health commented,
Revenue integrity is a top goal for all suppliers, regardless of size. The customers may file compliant, optimized claims and be completely compensated for the high-quality treatment they offer by checking and validating coding correctness prior to billing.
Previously in STRM stock,
Streamline Health Solutions has announced an agreement with a 2,367-bed Epic EMR-based Midwest health institution.
Tee Green, President, and Chief Executive Officer, Streamline Health stated,
Given the current state of healthcare, they’re thrilled that this health institution has selected eValuator to assist them enhance coding accuracy and financial results before invoicing. Providers require the potential to strengthen revenue integrity in a highly efficient and productive way now more than ever. Streamline Health is delighted that this big health institution has chosen them with this mission-critical role.