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Streamline Health Solutions, Inc - STRM STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Streamline Health Solutions's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Streamline Health Solutions's position in the market.

Rhea-AI Summary
Streamline Health Solutions, Inc. expects to achieve adjusted EBITDA breakeven of $15.5 million of installed SaaS ARR during the second half of fiscal 2024 with the additional liquidity of $4.5 million. The company also expanded its board of directors with the appointment of CEO Benjamin Stilwill and Matthew Etheridge. They have closed a private placement of unsecured subordinated notes and warrants and private placement of common stock, resulting in aggregate gross proceeds of approximately $4.5 million. The company has also modified existing senior loan covenants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
20.59%
Tags
management
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Rhea-AI Summary
Streamline Health Solutions, Inc. (NASDAQ: STRM) expands contract with a 6-facility health system, introducing RevID's automated charge reconciliation to improve revenue integrity. The client also added eValuator Pro Fee module and extended the agreement for 3 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
none
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Rhea-AI Summary
Streamline Health Solutions, Inc. (NASDAQ: STRM) has signed a new contract with a 2,300-bed, Oracle Cerner-EHR based health system in Maryland and the D.C. metro area to utilize RevID, an automated charge reconciliation solution, aimed at improving financial performance for healthcare providers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
none
Rhea-AI Summary
Streamline Health Solutions, Inc. (STRM) announced a 22% growth in SaaS revenue, generating $400 thousand of Adjusted EBITDA in the third quarter of fiscal 2023. The company reported $13.0 million of Booked SaaS ACV as of October 31, 2023, with an updated breakeven SaaS ARR run rate of $15.5 million. Streamline also secured a new contract with a 2,300-bed health system and is focused on improving hospital financial performance through pre-bill technology solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.57%
Tags
earnings
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Rhea-AI Summary
Streamline Health Solutions, Inc. (NASDAQ: STRM) expands its agreement with a five-hospital, Epic-EHR based health system in Pennsylvania to add eValuator’s Pro-Fee pre-bill coding analysis technology. This technology aims to improve revenue integrity and financial performance for professional fee services by identifying, quantifying, and expediting correction of coding issues with the highest impact on revenue integrity. The expansion signifies the value of eValuator and the strong relationships built by Streamline Health Solutions' Client Success team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.45%
Tags
none
-
Rhea-AI Summary
Streamline Health Solutions, Inc. (Nasdaq: STRM) will release its financial results for the three month period ended October 31, 2023 on December 13, 2023. A conference call to review results and provide a corporate update will be held on December 14, 2023, at 9:00 AM ET. Interested parties can access the call by joining the live webcast or by phone. A replay of the conference call will be available, along with an online replay of the presentation on the Streamline website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.45%
Tags
conferences earnings
Rhea-AI Summary
Streamline Health Solutions, Inc. has signed a new contract with a 1,000-bed academic medical center in Florida. The healthcare provider will use eValuator's pre-bill code audit technology to improve coding accuracy and optimize financial performance. This technology helps identify and correct coding issues that have the highest impact on revenue integrity, allowing providers to expedite billing without delays.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.86%
Tags
none
-
Rhea-AI Summary
Streamline Health Solutions announces new contract for the use of RevID with a 68-bed healthcare provider in Georgia, marking the second contract closed in collaboration with a channel partner since June 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.92%
Tags
none
-
Rhea-AI Summary
Streamline Health Solutions, Inc. announces 13% growth in SaaS revenue for H1 2023 compared to H1 2022
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.32%
Tags
earnings
Rhea-AI Summary
Streamline Health Solutions, Inc. to release financial results for Q3 2023 on September 13, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.26%
Tags
conferences earnings
Streamline Health Solutions, Inc

Nasdaq:STRM

STRM Rankings

STRM Stock Data

28.36M
25.92M
28.22%
31.79%
0.13%
Computer Systems Design Services
Professional, Scientific, and Technical Services
Link
US
Alpharetta

About STRM

streamline health solutions, inc. supports revenue cycle optimization for healthcare enterprises. our integrated solutions, technology-enabled services and analytics enable providers to drive reimbursement in a value-based world. we share a common calling and commitment to advance the quality of life and the quality of healthcare — for society, our industry, our clients and the communities they serve, and the individual patient. all of our solutions are designed with an enterprise vision in mind. by implementing our solutions, healthcare organizations can improve the flow and management of critical patient information. each of our solutions helps transform and structure data between disparate systems into actionable information, giving you comprehensive access to clinical, financial, and administrative intelligence. our solution suites include: him, coding & cdi • clinical documentation improvement (cdi) • code auditing services & technology • enterprise content management • release of