Streamline Health Solutions, Inc., a provider of knowledge management solutions for healthcare providers, has announced a new contract with existing client Parkview Health to add business analytics and denials management to the client's current suite of Streamline Health solutions.
In a release, Streamline said that these additions will enable Parkview to improve their current reporting and analytical capabilities across the revenue cycle while consolidating the multitude of solutions currently used to gather the information required to run the business. By implementing the business analytics and denial management solutions from Streamline Health, Parkview can significantly expedite existing processes and improve the consistency of accessing critical data and information required to maximize both financial and operational performance.
Parkview Health, a 673-bed, eight-hospital health system with more than 300 physicians serving northeast Indiana and northwest Ohio, will incorporate Streamline Health's real-time analytics solution into the finance and revenue cycle departments throughout its hospitals and physician practices, including its centralized business office. Streamline said that Parkview has already seen improvements in accounts receivables, with the integration of historical documents into their EMR, improved scheduling processes and decreased costs associated with document storage with Streamline Health's existing suite of health information management (HIM) solutions. The addition of business analytics will enable Parkview to consistently capture relevant and actionable data from disparate sources throughout its enterprise transforming the information into valuable insights allowing Parkview to make better-informed business decisions. In addition, Streamline Health's denial management solution will allow Parkview to proactively identify at-risk accounts through advanced reporting capabilities, better understand the root causes of claim denials and work to reduce and prevent them.
"Streamline Health's enterprise content management (ECM) solution has allowed us to integrate our unstructured data within our EMR system," said Barbara Clayton, vice president of revenue cycle at Parkview Health. "By expanding our partnership into the finance and revenue cycle areas of our operations with their business analytics and denial management solutions we believe we can maximize our organization's financial performance."
"Existing clients like Parkview, who believe that our vision and long-term partnership-oriented approach can help them gain knowledge and insight across their entire patient experience, is what our company is all about," said Robert E. Watson, president and chief executive officer of Streamline Health. "We are focused on developing solutions that will help our clients improve their efficiency, both financially and clinically."
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