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Streamline Health Solutions, Inc. reported a 14% growth in SaaS revenue for fiscal year 2023 compared to 2022. They generated $0.4 million of adjusted EBITDA in Q4 of 2023, improved by $2.4 million for the fiscal year. Despite a net loss of $1.4 million in Q4 2023, it was an improvement from $2.2 million in Q4 2022. The company had $15.0 million of Booked SaaS ACV as of January 31, 2024, and $15.6 million as of April 29, 2024. They aim to reach an adjusted EBITDA break-even run rate of $15.5 million during the second half of fiscal 2024.
Streamline Health Solutions, a leading provider of healthcare solutions, has expanded its contract with a Florida-based healthcare provider to include additional facilities. The client saw significant ROI following the implementation of eValuator, Streamline Health's pre-bill technology solution. This expansion reflects the client's satisfaction with eValuator's AI-enhanced pre-bill code auditing, ensuring accurate billing and payment.