Announced the strategic partnership with HERAE, LLC to offer our revenue cycle solutions in the second quarter;
Announced a significant expansion of our workflow solutions at the Children's Medical Center of Dallas in the second quarter;
Announced the listing of Streamline Health on the Fortune Small Business Magazine's list of America's fastest growing small companies for 2007;
Announced our agreement with Emergis Inc. in our third quarter, under which Emergis is integrating and reselling our accessANYware(TM) document management repository and document workflow solutions with its Oacis Electronic Medical Record (EMR) solution;
Announced the signing of two new clients in the fourth quarter of the fiscal year."
Mr. Patsy continued, "It has been a difficult and challenging year with the inordinately long delays in the negotiations of contracts and the inability to recognize revenues on the expansion of our solutions at an existing client because of an integration requirement. However, our plans call for the release of 4 to 6 new workflows this year, which will have a positive impact on 2008 revenues. Accordingly, we anticipate a very strong first half of fiscal 2008, and as a result, we expect significant revenue growth for the entire year."
Mr. Patsy concluded, "Our vision is to provide enterprise-wide business process improvement solutions to healthcare organizations through the application of the following six integrated technologies: document workflow, document management, portal connectivity, e-forms, integration/interoperability with legacy systems and Optical Character Recognition (OCR). Our comprehensive solutions and services address and improve inefficient business processes to eliminate process 'Friction Points(TM)' that impede the flow of document-centric information throughout the healthcare enterprise.
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|SOURCE Streamline Health Solutions, Inc.|
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