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  • Streamline Health Solutions, Inc. (STRM) Business Analytics Solution Deployed System-Wide By University Of Kentucky HealthCare 0 comments
    Feb 6, 2013 10:50 AM | about stocks: STRM

    Streamline Health Solutions has announced that Kentucky Medical Services Foundation and University of Kentucky HealthCare (UK HealthCare) have signed a five-year agreement to deploy Streamline Health's OpportunityAnyWare business analytics solution throughout their system.

    UK HealthCare is the University of Kentucky's health system, which has a total of 719 beds. Kentucky Medical Services Foundation supplies billing and administrative services to the health system's more than 700 affiliated physicians and other healthcare providers. To obtain a complete view of the financial information accumulated from all its facilities, the health system plans to implement two versions of OpportunityAnyWare: Institutional and Professional. The solution will provide the revenue cycle and finance departments with instant access to actionable data, which will then allow them to make qualified business decisions and help UK HealthCare protect its revenue.

    UK HealthCare evaluated a number of solutions before choosing Streamline Health's OpportunityAnyWare. Now having access to all its financial data for both hospital and physician business in one solution, UK HealthCare can obtain actionable information to help quickly improve financial outcomes for the organization. The OpportunityAnyWare solution will enable the health system to convert its abundance of collected data into knowledge, eventuating in improved decision making and better allocation of resources.

    "We are excited that UK Healthcare and Kentucky Medical Services Foundation selected OpportunityAnyWare for their business analytics solution," said Streamline Health President and CEO Robert E. Watson, "as it will enable them to gather information from disparate sources in a format that will be easy for the end users to understand and act upon."

    Streamline Health Solutions is a leader in providing SaaS-based healthcare information technology solutions for hospitals and physician groups. The company has offices in Atlanta, Cincinnati, and New York, and its comprehensive solutions suite includes enterprise content management, business analytics, integrated workflow systems, clinical documentation improvement, and computer-assisted coding. Across the revenue cycle, these solutions provide healthcare enterprises with a flexible, customizable method of communication between disparate departments and information systems, thereby improving processes, boosting productivity, and optimizing clinical, administrative, and financial performance.

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    Stocks: STRM
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