Streamline Health Solutions, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 31, 2021
December 08, 2021 at 04:58 pm EST
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Streamline Health Solutions, Inc. reported earnings results for the third quarter and nine months ended October 31, 2021. For the third quarter, the company reported revenue was USD 5.51 million compared to USD 2.64 million a year ago. Net loss was USD 4.31 million compared to USD 1.06 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.04 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.04 a year ago. Basic loss per share was USD 0.1 compared to USD 0.04 a year ago. Diluted loss per share was USD 0.1 compared to USD 0.04 a year ago.
For the nine months, revenue was USD 11.33 million compared to USD 8.37 million a year ago. Net loss was USD 6.51 million compared to net income of USD 1.48 million a year ago. Basic loss per share from continuing operations was USD 0.17 compared to USD 0.11 a year ago. Diluted loss per share from continuing operations was USD 0.17 compared to USD 0.11 a year ago. Basic loss per share was USD 0.16 compared to basic earnings per share of USD 0.05 a year ago. Diluted loss per share was USD 0.16 compared to diluted earnings per share of USD 0.04 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.
STREAMLINE HEALTH SOLUTIONS, INC. 
