CINCINNATI, May 28 /PRNewswire-FirstCall/ -- Streamline Health Solutions, Inc. (Nasdaq: STRM) today announced that, consistent with its international expansion plans, the Company's document workflow solutions will be integrated into the electronic medical records solution for multiple facilities within an additional leading Canadian healthcare region.
Integrating Streamline's document workflow solutions will provide a consolidated view into a patient's complete history of care and allow physicians to electronically review and sign document-based clinical records.
Streamline Health has now secured two large international contracts for implementation of its solutions at a total of over 18 healthcare facilities. As a result, pending General Availability status for its multi-lingual product release, the company expects to recognize approximately $1.6 million in software licensing revenues plus additional implementation services in the Company's fourth fiscal quarter. In addition, the company expects its backlog will increase several million dollars as a result of anticipated installation and maintenance services fees over the term of the agreements.
"We are pleased to be working on these important international implementations through our valued business partner," said J. Brian Patsy, president and chief executive officer of Streamline Health. "This further validates our belief that key stakeholders understand the value of our solutions and the role they play in complementing electronic health records initiatives by managing the documents associated with clinical data. The ability of physicians to immediately access patient medical histories dramatically increases the potential for improved medical outcomes, enhanced quality of life for patients and reduced cost of care. This is clearly the direction that the glo
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