Streamline Health Solutions, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended January 31, 2023
April 26, 2023 at 04:30 pm EDT
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Streamline Health Solutions, Inc. reported earnings results for the fourth quarter and full year ended January 31, 2023. For the fourth quarter, the company reported revenue was USD 6.75 million compared to USD 6.05 million a year ago. Net loss was USD 2.18 million compared to USD 0.03 million a year ago. Basic loss per share from continuing operations was USD 0.04. Diluted loss per share from continuing operations was USD 0.04. Basic loss per share was USD 0.04. Diluted loss per share was USD 0.04.
For the full year, revenue was USD 24.89 million compared to USD 17.38 million a year ago. Net loss was USD 11.38 million compared to USD 6.54 million a year ago. Basic loss per share from continuing operations was USD 0.23 compared to USD 0.16 a year ago. Diluted loss per share from continuing operations was USD 0.23 compared to USD 0.16 a year ago. Basic loss per share was USD 0.23 compared to USD 0.15 a year ago. Diluted loss per share was USD 0.23 compared to USD 0.15 a year ago.
Streamline Health Solutions, Inc. enables healthcare organizations to proactively address revenue leakage and improve financial performance. The Company delivers integrated solutions, technology-enabled services and analytics. It operates in one segment as a provider of health information technology solutions and associated services that improve healthcare processes and information flows within a healthcare facility. The Company sells its solutions and services in North America to hospitals and health systems through its direct sales force and its reseller partnerships. It offers solutions and services to assist its clients in revenue cycle management, including its two flagship technologies: RevIDTM and eValuatorTM. RevID offers automated, daily reconciliation of clinical event activity to patient billing charge items prior to billing. eValuator provides 100% automated coding analysis prior to billing. It offers an array of professional services, including system implementation.
STREAMLINE HEALTH SOLUTIONS, INC. 
