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Streamline Health Solutions In Stock Price, News & Analysis

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Welcome to our dedicated page for Streamline Health Solutions In news (Ticker: STRM), a resource for investors and traders seeking the latest updates and insights on Streamline Health Solutions In stock.

Streamline Health Solutions Inc (STRM) provides technology-driven revenue cycle optimization for healthcare organizations through AI-enhanced platforms and enterprise analytics. This news hub offers investors and industry professionals verified updates on strategic developments impacting the company's financial and operational performance.

Access timely announcements including earnings reports, partnership agreements, product innovations, and leadership changes. Our curated collection focuses on events influencing STRM's market position in healthcare IT, such as SaaS platform enhancements, regulatory compliance updates, and health system client acquisitions.

Key coverage areas span financial results, technology deployments, executive appointments, and industry recognition. All content undergoes strict editorial review to ensure accuracy and relevance for stakeholders tracking revenue cycle management trends.

Bookmark this page for streamlined access to STRM's latest developments in coding automation, clinical documentation improvement, and healthcare data integration solutions. Check regularly for updates reflecting the company's progress in reducing revenue leakage for hospital networks nationwide.

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Streamline Health Solutions reported its Q1 FY2025 financial results, showing mixed performance with some improvements. Total revenue increased 12% to $4.8M compared to $4.3M in Q1 FY2024, driven by new SaaS implementations. SaaS revenue grew 23% to $3.4M, representing 70% of total revenue. The company reduced its net loss to $1.6M from $2.7M year-over-year, benefiting from increased revenue and cost savings from strategic restructuring. Adjusted EBITDA improved to $0.2M compared to a loss of $0.7M in Q1 FY2024. Cash position decreased to $1.4M from $2.2M in January 2025. Notably, MDaudit announced plans to acquire Streamline in an all-cash transaction valued at $37.4M, offering $5.34 per share, a 138% premium to the pre-announcement price. The merger is expected to close in Q3 2025.
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MDaudit has announced a definitive merger agreement to acquire Streamline Health Solutions (NASDAQ: STRM) in an all-cash transaction valued at approximately $37.4 million, including debt. Under the agreement, MDaudit will acquire all outstanding Streamline shares for $5.34 per share, representing a 138% premium to Streamline's closing price on May 28, 2025.

The merger combines MDaudit's billing compliance and revenue integrity platform with Streamline's pre-bill integrity solutions, serving healthcare organizations with aggregate Net Patient Revenue exceeding $300B. The transaction is expected to close during Q3 2025, after which Streamline will become private and delist from Nasdaq. Officers and directors owning approximately 22% of Streamline's stock have agreed to vote in favor of the merger.

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Streamline Health Solutions (NASDAQ: STRM) reported its Q4 and FY2024 financial results. The company's solutions delivered an annualized financial impact of $210 million to clients. Q4 revenue was $4.7 million, down from $5.4 million in Q4 FY2023, while FY2024 revenue totaled $17.9 million, compared to $22.6 million in FY2023. SaaS revenue represented 66% of total revenue in Q4. The company reported a Q4 net loss of ($2.1 million) and FY2024 net loss of ($10.2 million). Cash and equivalents stood at $2.2 million as of January 31, 2025. Booked SaaS Annual Contract Value was $14.0 million, with expected growth to $14.6 million by April 30, 2025. The company expects to achieve adjusted EBITDA positive run rate during first half of FY2025.
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Streamline Health Solutions (NASDAQ: STRM) has secured a new contract for its eValuator solution with a 1,100-bed health system in Ohio. The eValuator platform utilizes AI-enhanced pre-bill code auditing technology to help healthcare providers improve their financial performance by ensuring accurate medical coding, billing, and payment capture while preventing denials.

This partnership aims to enhance the health system's revenue cycle management, with CEO Ben Stilwill emphasizing the company's commitment to delivering significant financial impact while allowing healthcare providers to focus on patient care.

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Streamline Health Solutions (NASDAQ: STRM) has secured a new contract for its RevID solution with a 120-bed health system in Kentucky, marking its fourth CommunityWorks Oracle EHR client. The agreement, established through partnership with Oracle Health, demonstrates growing adoption of STRM's pre-bill technology solution.

RevID's automated charge reconciliation system integrates with Oracle Health's CommunityWorks EHR to help hospitals capture 100% of earned revenue by eliminating charge capture gaps and accelerating cash flow. The solution aims to enhance financial operations by automating and optimizing charge reconciliation processes for improved accuracy and efficiency.

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Streamline Health Solutions (NASDAQ: STRM) has signed a new contract with Deaconess Health System, a 1,200-bed Indiana-based health system, for its eValuator solution. The technology will be used to optimize pre-bill coding accuracy and financial outcomes.

Deaconess selected eValuator for its unique capabilities in improving coding and billing workflows within the mid-revenue cycle. The AI-enhanced pre-bill code auditing solution helps healthcare providers accurately capture, bill, and receive payment for services while avoiding denials.

Deaconess Health System serves a population of more than 1.5 million across southwestern Indiana, western Kentucky, and southeastern Illinois, operating across 19 hospital locations throughout the Tri-State area.

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Streamline Health Solutions (NASDAQ: STRM) has secured a new contract with a 400-bed health system in Western Texas for its RevID solution, through a partnership with Oracle Health. The healthcare facility uses Oracle Health's Soarian billing platform, which integrates with RevID to automate charge reconciliation processes.

RevID's technology aims to help hospitals capture 100% of earned revenue by eliminating charge capture gaps and accelerating cash flow. The solution ensures providers can accurately capture, bill, and receive payment for all provided care through automated charge reconciliation.

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Streamline Health Solutions (Nasdaq: STRM), a provider of healthcare revenue leakage and financial performance solutions, announced it will release its fiscal third quarter 2024 financial results for the period ended October 31, 2024, on Monday, December 16, 2024, after market close. The company will host a conference call on Tuesday, December 17, 2024, at 9:00 AM ET to discuss results and provide updates.

Participants can join via webcast or by dialing 877-407-8291. A replay will be available through December 24, 2024, and can be accessed by phone or through the company's website for six months.

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Streamline Health Solutions (NASDAQ: STRM) has secured a new contract for its eValuator solution with a 900-bed health system in northern Texas. The healthcare facility, which uses Altera EHR, becomes the fourth Texas health system to adopt eValuator's pre-bill code audit technology. The AI-enhanced solution helps healthcare providers improve financial performance by ensuring accurate medical coding, billing, and payment capture while preventing denials.

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Streamline Health Solutions has expanded its relationship with a Florida academic medical center by implementing the new eValuator Quality Module. This addition is expected to increase SaaS revenues from this client by 20%. The module provides real-time AI-powered pre-bill code auditing and analyzes 100% of encounters, enabling healthcare providers to assess risk scores and quality measurement impact in real-time. The technology aims to improve hospital financial performance by ensuring accurate billing, preventing denials, and eliminating manual post-hoc risk scoring practices.

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FAQ

What is the current stock price of Streamline Health Solutions In (STRM)?

The current stock price of Streamline Health Solutions In (STRM) is $5.16 as of June 16, 2025.

What is the market cap of Streamline Health Solutions In (STRM)?

The market cap of Streamline Health Solutions In (STRM) is approximately 22.5M.
Streamline Health Solutions In

Nasdaq:STRM

STRM Rankings

STRM Stock Data

22.46M
3.57M
18.45%
16.62%
0.76%
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