CINCINNATI and ATLANTA, Oct. 12,
2012 /PRNewswire/ -- Streamline Health Solutions, Inc.
(NASDAQ: STRM), a leading provider of SaaS-based enterprise content
management, business analytics, computer assisted coding (CAC), and
clinical documentation improvement (CDI) solutions for healthcare
providers, today announced the addition of Michael Valentine, Chief Executive Officer of
Netsmart, to its Board of Directors.
"I am excited to have Michael as a resource for our Board of
Directors with his in-depth understanding of the health information
technology space," said Robert E.
Watson, President and Chief Executive Officer of Streamline
Health. "Michael will be a valuable contributor as we continue to
grow the company."
Mr. Valentine joined Netsmart in May
2011 from Cerner Corporation, where he served as Executive
Vice President and Chief Operating Officer. He held a succession of
business ownership roles during his 13 years at Cerner. Prior to
his role as Chief Operating Officer, he maintained ownership of
client delivery and strategic partnerships for Cerner's worldwide
operations, and was the driving force behind advancements made in
standardization and centralization of Cerner's delivery
model. Prior to joining Cerner, Mr. Valentine founded and
managed a Midwest-based technology solutions and services company.
Before that, he was an executive in telecommunications and
technology industry groups at Andersen Consulting for seven
years.
"Having worked in almost all aspects of healthcare over the last
15 years, I've gained a solid understanding of the priorities and
challenges that provider organizations face. I see Streamline
Health as offering the kinds of solutions that will serve as key
building blocks as healthcare providers reshape both their care and
business processes," said Michael
Valentine. "I look forward to working with the Board and the
management team to deliver real value to both the clients and
shareholders."
About Streamline Health
Streamline Health Solutions, Inc. (NASDAQ: STRM) is a
leading provider of SaaS-based healthcare information technology
(HCIT) solutions for hospitals and physician groups with offices in
Cincinnati, Atlanta and New York. The company's
comprehensive suite of solutions includes: enterprise content
management (ECM), business analytics, integrated workflows,
clinical documentation improvement (CDI), and computer assisted
coding (CAC). Across the revenue cycle, these solutions offer
healthcare enterprises a flexible, customizable way to communicate
between disparate departments and information systems to improve
processes, boost productivity, and optimize clinical,
administrative and financial performance. For more
information, please visit our website at
http://www.streamlinehealth.net.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995
Statements made by Streamline Health Solutions, Inc.
that are not historical facts are forward-looking statements that
are subject to risks and uncertainties and are no guarantee of
future performance. The forward looking statements contained herein
are subject to certain risks, uncertainties and important factors
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 timing
of contract negotiations and execution of contracts and the related
timing of the revenue recognition related thereto, the potential
cancellation of existing contracts or clients not completing
projects included in the backlog, the impact of competitive
products and pricing, product demand and market acceptance, new
product development, key strategic alliances with vendors that
resell the Company's products, the ability of the Company to
control costs, availability of products obtained from third party
vendors, the healthcare regulatory environment, potential changes
in legislation, regulation and government funding affecting the
healthcare industry, 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, effects of critical
accounting policies and judgments, changes in accounting policies
or procedures as may be required by the Financial Accountings
Standards Board or other similar entities, changes in economic,
business and market conditions impacting the healthcare industry,
the markets in which the Company operates and nationally, and the
Company's ability to maintain compliance with the terms of its
credit facilities, and other risks detailed from time to time in
the Streamline Health Solutions, 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.
Company
Contact:
|
Investor Contacts:
|
Ashley
Moore
|
Randy
Salisbury
|
Director,
Marketing
|
Investor
Relations
|
(404)-446-2057
|
(404)-229-4242
|
ashley.moore@streamlinehealth.net
|
randy.salisbury@streamlinehealth.net
|
|
|
|
BPC
Financial Marketing
|
|
John
Baldissera
|
|
800-368-1217
|
SOURCE Streamline Health Solutions, Inc.