Streamline Health: Giving the Right Tools for Data Analytics in Healthcare

David Sides, President & CEO
The healthcare industry today is witnessing a significant transformation in its fundamental structure, moving from a procedure- and volume-based model to a value-based system. This instills a ‘quality over quantity’ discourse, maximizing value for the patients and achieving the best outcomes at the lowest cost. With these implementations underway, healthcare organizations are looking for ways to manage this transformation without incurring significant cost or disruption to existing processes. Streamline Health’s business analytics solutions offer an easy transition to the value-based system as they help organizations on the current model optimize their accounts receivable, reduce their denials, and mitigate exposure to audits.

“Our platform delivers system-agnostic solutions which make it interoperable among various systems, so it doesn't matter which Electronic Medical Record (EMR) you have,” says David Sides, President and CEO, Streamline Health. With the amount of information generated by the EMRs, Sides talks about the exciting prospects that big data enables, “With so much information being stored in the EMR and other systems, it is possible to recognize trends, establish causality and identify paths to correction.” With the tools the company offers, healthcare providers are able to curate that data to find the pertinent things that matter, and run analytics which can help them find the root causes of issues that impact patient health as well as their organization’s operational and financial performance.

For example: Looking Glass® Clinical Analytics helps healthcare organizations follow best practices, and proactively identify the financial and readmission risk across populations through comparative effectiveness research. “Our analytics solutions have the math built in, with integrated statistical analysis, severity adjustments, and a patented Temporal Indexing Logic which delivers the clinical insight to support new initiatives, like shifting to value-based care,” mentions Sides. With a number of staff members who have worked in the Health Information Management (HIM) departments, they have significant experience in how the medical records and other data are completed, stored, and retrieved.
This enables them to aggregate data—both structured and unstructured—across the enterprise, organize it, and perform robust analysis. The net result: greater insight that supports better outcomes at all levels–from improved patient care to more informed decisions in the board room.


Our platform delivers systemagnostic solutions which make it interoperable among various EMR systems


With their cloud-enabled solution, which is less expensive as it reduces the need for hardware and IT support, Streamline Health’s clients are able to gain a significant Return on Investment (ROI), as could be seen with the implementation of their solution for one of their Ohio-based clients. Looking to upgrade their Clinical Documentation Improvement (CDI) program, Streamline provided them with the tools to help them centralize and optimize their program, while delivering a targeted incremental revenue of about $250K per month. “Our actual performance exceeded the estimation by nearly seven times, enabling the client to pay for the solution in the first month. And after 17 months of use, the solution has provided an additional $14 million in revenue for that client,” remarked Sides.

Having made investments through meaningful use while supporting the operational enhancements in scheduling, coding, HIM, and financial management, Streamline Health delivers a platform-based solution suite designed to improve the overall care and quality of the healthcare sector. From supporting the transition to value to powering genomic research in pursuit of new cancer therapies, Streamline Health and its Looking Glass platform are poised to help usher in the next era of healthcare delivery.

Company
Streamline Health

Headquarters
Atlanta, GA

Management
David Sides, President & CEO

Description
Providing healthcare with the latest tools for data analytics, while helping them optimize their processes in the newer value-based system.