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Streamline Health® Announces Fourth CommunityWorks RevID Contract With Kentucky-Based Health System

1. STRM signed contract with a Kentucky health system utilizing RevID. 2. RevID enhances financial performance through automated charge reconciliation. 3. Partnership with Oracle Health marks STRM's fourth client using their EHR. 4. The agreement aims to capture 100% of earned revenue for hospitals.

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Why Bullish?

New contract increases demand for STRM's solutions, similar to past contracts boosting revenue.

How important is it?

The contract signifies STRM's expanding market presence, crucial for future profitability.

Why Long Term?

Sustained partnerships with health systems could lead to ongoing revenue growth.

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ORCL
Oracle Health partnership enables 120-bed Kentucky-based health system to leverage RevID’s automated charge reconciliation to improve financial performance January 22, 2025 07:30 ET  | Source: Streamline Health Solutions, Inc. ATLANTA, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of solutions that enable healthcare providers to improve financial performance, announced that it has signed a new contract for the use of RevID with a 120-bed, Oracle Health-EHR based health system with facilities in Kentucky. Closed in partnership with Oracle Health, this agreement marks Streamline Health’s fourth CommunityWorks Oracle EHR client—an important milestone underscoring the growing adoption of its pre-bill technology solution. Streamline Health is leading an industry movement to improve hospital financial performance through pre-bill technology solutions. RevID’s automated charge reconciliation enables hospitals to capture 100% of earned revenue by eliminating charge capture gaps and accelerates cash flow by ensuring that providers can accurately capture, bill and ultimately be paid for all the care they provide. Enabled by seamless integration with Oracle Health’s CommunityWorks EHR, RevID positions health systems to enhance financial operations by automating and optimizing charge reconciliation processes for greater accuracy and efficiency. “We are pleased to expand RevID’s footprint and serve communities in Kentucky,” stated Ben Stilwill, Chief Executive Officer. “Our growing partnership with Oracle Health strengthens our ability to deliver pre-bill solutions that seamlessly integrate with leading EHR platforms.” About Streamline Health Streamline Health Solutions, Inc. (Nasdaq: STRM) enables healthcare organizations to proactively address revenue leakage and improve financial performance. We deliver integrated solutions, technology-enabled services and analytics that drive compliant revenue leading to improved financial performance across the enterprise. For more information, visit www.streamlinehealth.net To Learn More Jacob Goldberger Vice President, Finance 303.887.9625 jacob.goldberger@streamlinehealth.net Source: Streamline Health Solutions, Inc.

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