Streamline Health Expands Agreement With Existing eValuator Client to Add RevID
Portfolio Pulse from Benzinga Newsdesk
Streamline Health Solutions, Inc. (NASDAQ:STRM) has expanded its contract with a current client, a 6 facility health system using Oracle Cerner-EHR, to include RevID's automated charge reconciliation and the eValuator Pro Fee module. The client, which has been using eValuator for pre-bill code auditing for over 3 years, also extended the overall agreement term by an additional 3 years.
January 02, 2024 | 12:33 pm
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Streamline Health Solutions has broadened its engagement with an existing client, which is expected to increase the company's revenue and strengthen its market position in healthcare financial performance solutions.
The expansion of the contract with an existing client for additional services and the extension of the agreement term is a positive development for Streamline Health Solutions. It indicates client satisfaction and trust in STRM's offerings, which could lead to increased revenue and potentially attract more clients in the future. This news is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 90