Streamline Health Solutions, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 31, 2023
September 13, 2023 at 04:15 pm EDT
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Streamline Health Solutions, Inc. reported earnings results for the second quarter and six months ended July 31, 2023. For the second quarter, the company reported revenue was USD 5,770 million compared to USD 5,992 million a year ago. Net loss was USD 2,515 million compared to USD 3,272 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.07 a year ago.
For the six months, revenue was USD 11,102 million compared to USD 11,927 million a year ago. Net loss was USD 5,416 million compared to USD 6,059 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.13 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.13 a year ago.
Streamline Health Solutions, Inc. is a provider of health information technology solutions and associated services. The Company provides computer software-based solutions, professional consulting and auditing, and coding services, which capture, aggregate, and translate structured and unstructured data to deliver intelligently organized, easily accessible predictive insights to its clients. The Company offers solutions and services to assist its clients in revenue cycle management including its two flagship technologies RevID and eValuator. RevID is a cloud-based software-as-a-service (SaaS) automated, 24-hour charge reconciliation tool. RevID identifies discrepancies between a providerâs clinical and billing departments and ensures that every medical service is tracked. eValuator Coding Analysis Platform is a cloud-based SaaS solution that delivers the capability of fully automated analysis on 100% of billing codes entered by a healthcare providerâs coding team.