{"id":845597,"date":"2025-05-01T16:29:11","date_gmt":"2025-05-01T20:29:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/"},"modified":"2025-05-01T16:29:11","modified_gmt":"2025-05-01T20:29:11","slug":"streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/","title":{"rendered":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results"},"content":{"rendered":"
\n

ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc.<\/strong><\/a>\u00a0(\u201cStreamline\u201d or the \u201cCompany\u201d) (Nasdaq: STRM)<\/strong>, a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2025.<\/p>\n

\n Management Commentary<\/strong>\n <\/p>\n

“As of January 31, 2025, our solutions are delivering an annualized financial impact of more than $210 million to our clients by helping them better control revenue cycle outcomes \u2014 and we\u2019re just getting started. We\u2019re focused on deepening that impact with targeted innovation in fiscal 2025. Our new denial prevention functionality within eValuator exemplifies this approach \u2014 helping clients prevent denials in real time and quantify that value at the point of intervention. We believe this is a timely and necessary step forward, especially as commercial payor denials continue to grow. With expanding product capabilities, accelerating implementations, and strong client engagement, we remain confident in our path toward profitable growth.”<\/p>\n

\n Fiscal Fourth Quarter and Full Year 2024 GAAP Financial Results<\/strong>\n <\/p>\n

\n The following financial results have been prepared in accordance with Generally Accepted Accounting Principles (\u201cGAAP\u201d). <\/em>\n <\/p>\n

Total revenue for the fourth quarter of fiscal 2024 was $4.7 million as compared to $5.4 million during the fourth quarter of fiscal 2023. For the fiscal year ended January 31, 2025, revenue totaled $17.9 million as compared to $22.6 million during fiscal 2024. The change in total revenue was attributable to previously announced SaaS non-renewals as well as lower revenue from the Company\u2019s legacy Maintenance and Support contracts and professional services offerings, offset by new bookings and go-lives in the Company\u2019s SaaS business.<\/p>\n

SaaS revenue for the fourth quarter of fiscal 2024 totaled $3.1 million, or 66% of total revenue, compared to SaaS revenue of $3.4 million, or 64% of total revenue, during the fourth quarter of fiscal 2023. For the fiscal year ended January 31, 2025, SaaS revenue totaled $11.8 million, or 66% of total revenue, compared to $14.1 million, or 62% of total revenue, during fiscal 2023. As previously reported, the Company had a SaaS contract which did not renew at the end of its 2023 fiscal year.<\/p>\n

Net loss for the fourth quarter of fiscal 2024 was ($2.1 million) compared to a net loss of ($1.4 million) during the fourth quarter of fiscal 2023. Fiscal 2024 net loss totaled ($10.2 million) compared to a net loss of ($18.7 million) during fiscal 2023. The increased net loss during the fourth quarter was attributable to lower total revenue and higher non-cash interest expense offset by lower total operating expenses as compared to the fourth quarter of fiscal 2023. The improved net loss in fiscal year 2024 was the result of $10.8M of non-cash impairment charges incurred during fiscal year 2023 that did not recur.<\/p>\n

Cash and cash equivalents as of January 31, 2025, were $2.2 million as compared to $3.2 million as of January 31, 2024. The Company had a $1.0 million outstanding balance on its revolving credit facility as of January 31, 2025, compared to $1.5 million as of January 31, 2024. Subsequent to the end of the fourth quarter of fiscal 2024, on March 28, 2025, the Company and its principal lender amended certain financial covenants related to the Company\u2019s senior term loan and revolving line of credit, which are described in more detail in the Company\u2019s Annual Report on Form 10-K for the fiscal year ended January 31, 2025. On March 28, 2025, the Company drew an additional $1.0 million from its revolving line of credit.<\/p>\n

\n Fiscal Fourth Quarter and Full Year 2024 Non-GAAP Financial Results<\/strong>\n <\/p>\n

Adjusted EBITDA for the fourth quarter of fiscal 2024 was $35,000 compared to $0.4 million during the fourth quarter of fiscal 2023. Fiscal year 2024 adjusted EBITDA was a loss of ($1.3 million) compared to a loss of ($1.4 million) during fiscal 2023. The change in adjusted EBITDA during the fourth quarter of fiscal 2024 was primarily the result of lower total revenues offset by reduced operating expenses.<\/p>\n

As of January 31, 2025, the Company\u2019s total Booked SaaS Annual Contract Value (\u201cACV\u201d) was $14.0 million compared to $15.0 million as of January 31, 2024. The change in booked SaaS ACV is largely due to previously reported client non-renewals offset by $3.5M of new bookings during fiscal year 2025. $1.7 million of Booked SaaS ACV was unimplemented as of January 31, 2025. Subsequent to the end of the fourth quarter of fiscal 2024, the Company successfully closed new bookings and executed on additional implementations. The Company expects booked SaaS ACV as of April 30, 2025, totaled $14.6 million, $13.1 million of which was implemented.<\/p>\n

Booked SaaS ACV represents the annualized value of all executed SaaS contracts, including contracts that have not been fully implemented as of the measurement date, assuming any contract that expires during the twelve months following the measurement date is renewed on its existing terms unless the Company has knowledge of the non-renewal.<\/p>\n

The Company reiterated that it expects to achieve an adjusted EBITDA positive run rate during the first half of fiscal 2025. Due to the continued unpredictability of timing related to the closing of new contracts, the Company has not provided more specific guidance related to the timing of bookings.<\/p>\n

\n Conference Call<\/strong>\n <\/p>\n

The Company will conduct a conference call on Friday, May 2, 2025, at 9:00 AM ET to review results and provide a corporate update. Interested parties can access the call by joining the live webcast: click here to register<\/a>. You can also join by phone by dialing 877-407-8291.<\/p>\n

A replay of the conference call will be available from Friday May 2, 2025, at 12:00 PM ET to Friday May 9, 2025, at 12:00 PM ET by dialing 877-660-6853 or 201-612-7415 with conference ID 13753509. An online replay of the presentation will also be available for six months following the presentation in the Investor Relations section of the Streamline website, www.streamlinehealth.net<\/a>.<\/p>\n

\n About Streamline<\/strong>\n <\/p>\n

Streamline Health Solutions, Inc.\u00a0(Nasdaq: STRM) enables healthcare organizations to proactively address revenue leakage and improve financial performance. We deliver integrated solutions, technology-enabled services and analytics that drive compliant revenue leading to improved financial performance across the enterprise. For more information, visit\u00a0www.streamlinehealth.net<\/a>.<\/p>\n

\n Non-GAAP Financial Measures<\/strong>\n <\/p>\n

Streamline reports its financial results in accordance with\u00a0U.S.\u00a0generally accepted accounting principles (\u201cGAAP\u201d). Streamline\u2019s management also evaluates and makes operating decisions using various other measures. One such measure is Adjusted EBITDA, which is a non-GAAP financial measure. Streamline\u2019s management believes this measure provides useful supplemental information regarding the performance of Streamline\u2019s business operations.<\/p>\n

Streamline defines\u00a0\u201cadjusted EBITDA\u201d\u00a0as net earnings (loss) plus interest expense, tax expense, depreciation and amortization expense of tangible and intangible assets,\u00a0share-based compensation expense, significant non-recurring operating expenses, restructuring expenses, impairment of goodwill and long-lived assets and transactional related expenses\u00a0including:\u00a0gains and losses on debt and equity conversions, associate severances and related alignment expenses, associate inducement grants, and professional and advisory fees. A table\u00a0reconciling\u00a0this measure\u00a0to \u201cnet loss\u201d\u00a0is included in this press release.<\/p>\n

Booked SaaS ACV represents the annualized value of all executed SaaS contracts, including contracts that have not been fully implemented, as of the measurement date, assuming any contract that expires during the twelve months following the measurement date is renewed on its existing terms, unless the Company has knowledge of the non-renewal.\u00a0Booked SaaS ACV should be viewed independently of revenue and does not represent revenue calculated in accordance with GAAP on an annualized basis, as it is an operating metric that can be impacted by contract execution start and end dates and renewal rates.\u00a0Booked SaaS\u00a0ACV is not intended to be a replacement for, or forecast of, revenue.\u00a0There is no GAAP measure comparable to Booked SaaS ACV.<\/p>\n

\n Safe Harbor\u00a0Statement under the Private Securities Litigation Reform Act of 1995<\/strong>\n <\/p>\n

Statements made by\u00a0Streamline Health Solutions, Inc.\u00a0that are not historical facts are forward-looking statements that are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements included herein. Forward-looking statements contained in this press release include, without limitation, statements regarding the Company\u2019s growth prospects, anticipated bookings,\u00a0recognition of revenue from contracts included in Booked SaaS ACV, industry trends and market growth, adjusted EBITDA,\u00a0success of future products and related expectations and assumptions. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog\u00a0and Booked SaaS ACV, achievement of a breakeven SaaS ARR run rate, the impact of competitive solutions and pricing, solution demand and market acceptance, new solution development and enhancement of current solutions, key strategic alliances with vendors and channel partners that resell the Company\u2019s solutions, the ability of the Company to generate cash from operations, the availability of additional debt and equity financing to fund the Company\u2019s ongoing operations, the ability of the Company to control costs, the effects of cost-containment measures implemented by the Company, availability of solutions from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the\u00a0Financial Accounting Standards Board\u00a0or other similar entities, changes in economic, business and market conditions impacting the healthcare industry generally and the markets in which the Company operates and nationally, the Company\u2019s ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the\u00a0Streamline Health Solutions, Inc.\u00a0filings with the\u00a0U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management\u2019s analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.<\/p>\n

\n Company\u00a0Contact<\/strong>\n <\/p>\n

Jacob Goldberger
Vice President of Finance
303-887-9625
jacob.goldberger@streamlinehealth.net<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n STREAMLINE HEALTH SOLUTIONS, INC. AND SUBSIDIARIES<\/strong>
\n
\n CONSOLIDATED STATEMENTS OF OPERATIONS<\/strong><\/p>\n

(rounded to the nearest thousand dollars, except share and per share information)<\/strong>\n <\/td>\n<\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Fiscal Year<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Revenues:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Software as a service<\/td>\n$<\/td>\n11,839,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,075,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Maintenance and support<\/td>\n\u00a0<\/td>\n3,490,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,318,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Professional fees and licenses<\/td>\n\u00a0<\/td>\n2,572,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,203,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total revenues<\/td>\n\u00a0<\/td>\n17,901,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,596,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Operating expenses:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Cost of software as a service<\/td>\n\u00a0<\/td>\n5,939,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,573,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of maintenance and support<\/td>\n\u00a0<\/td>\n164,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n315,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cost of professional fees and licenses<\/td>\n\u00a0<\/td>\n3,459,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,165,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Selling, general and administrative expense<\/td>\n\u00a0<\/td>\n11,739,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,710,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Research and development<\/td>\n\u00a0<\/td>\n4,629,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,704,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of goodwill<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,813,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of long-lived assets<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n963,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total operating expenses<\/td>\n\u00a0<\/td>\n25,930,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42,243,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating loss<\/td>\n\u00a0<\/td>\n(8,029,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(19,647,000<\/td>\n)<\/td>\n<\/tr>\n
Other income (expense):<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense<\/td>\n\u00a0<\/td>\n(2,013,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,071,000<\/td>\n)<\/td>\n<\/tr>\n
Valuation adjustments<\/td>\n\u00a0<\/td>\n(115,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,944,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n(2,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss before income taxes<\/td>\n\u00a0<\/td>\n(10,159,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(18,743,000<\/td>\n)<\/td>\n<\/tr>\n
Income tax benefit<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n46,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net loss<\/strong>\n <\/td>\n$<\/td>\n(10,159,000<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(18,697,000<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Basic and Diluted Earnings Per Share<\/td>\n$<\/td>\n(2.53<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(4.96<\/td>\n)<\/td>\n<\/tr>\n
Weighted average number of common shares \u2013 basic and diluted<\/td>\n\u00a0<\/td>\n4,008,846<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,767,361<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n STREAMLINE HEALTH SOLUTIONS, INC. AND SUBSIDIARIES<\/strong>
\n
\n CONSOLIDATED BALANCE SHEETS<\/strong><\/p>\n

(rounded to the nearest thousand dollars, except share and per share information)<\/strong>\n <\/td>\n<\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n January 31,<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n ASSETS<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Current assets:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents<\/td>\n$<\/td>\n2,183,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,190,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts receivable, net of allowance for credit losses of $59,000 and $86,000, respectively<\/td>\n\u00a0<\/td>\n1,585,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,237,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contract receivables<\/td>\n\u00a0<\/td>\n1,571,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n780,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Prepaid and other current assets<\/td>\n\u00a0<\/td>\n438,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n629,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total current assets<\/td>\n\u00a0<\/td>\n5,777,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,836,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-current assets:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Property and equipment, net of accumulated amortization of $110,000 and $291,000, respectively<\/td>\n\u00a0<\/td>\n49,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n88,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Capitalized software development costs, net of accumulated amortization of $6,762,000 and $7,960,000, respectively<\/td>\n\u00a0<\/td>\n4,850,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5,798,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Intangible assets, net of accumulated amortization of $5,655,000 and $4,019,000, respectively<\/td>\n\u00a0<\/td>\n10,435,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,071,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Goodwill<\/td>\n\u00a0<\/td>\n13,276,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,276,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n1,192,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,666,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total non-current assets<\/td>\n\u00a0<\/td>\n29,802,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32,899,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total assets<\/strong>\n <\/td>\n$<\/td>\n35,579,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n41,735,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n LIABILITIES AND STOCKHOLDERS\u2019 EQUITY<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Current liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts payable<\/td>\n$<\/td>\n1,541,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,253,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued expenses<\/td>\n\u00a0<\/td>\n1,921,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,023,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current portion of term loan<\/td>\n\u00a0<\/td>\n7,709,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,500,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current portion of line of credit<\/td>\n\u00a0<\/td>\n1,000,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Current portion of notes payable<\/td>\n\u00a0<\/td>\n4,415,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred revenues<\/td>\n\u00a0<\/td>\n6,099,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,112,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Acquisition earnout liability<\/td>\n\u00a0<\/td>\n377,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,794,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total current liabilities<\/td>\n\u00a0<\/td>\n23,062,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,682,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-current liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Term loan, net of deferred financing costs<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,566,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Line of credit, net of current portion<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,500,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Deferred revenues, less current portion<\/td>\n\u00a0<\/td>\n240,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n173,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total non-current liabilities<\/td>\n\u00a0<\/td>\n240,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,239,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total liabilities<\/td>\n\u00a0<\/td>\n23,302,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,921,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Commitments and contingencies<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Stockholders\u2019 equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Common stock, $0.01 par value per share, 85,000,000 shares authorized; 4,264,482 and 3,929,446 shares issued and outstanding, respectively<\/td>\n\u00a0<\/td>\n43,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n39,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Additional paid in capital<\/td>\n\u00a0<\/td>\n138,092,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n134,474,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accumulated deficit<\/td>\n\u00a0<\/td>\n(125,858,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(115,699,000<\/td>\n)<\/td>\n<\/tr>\n
\n Total stockholders\u2019 equity<\/strong>\n <\/td>\n\u00a0<\/td>\n12,277,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18,814,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total liabilities and stockholders\u2019 equity<\/strong>\n <\/td>\n$<\/td>\n35,579,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n41,735,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n STREAMLINE HEALTH SOLUTIONS, INC. AND SUBSIDIARIES<\/strong>
\n
\n CONSOLIDATED STATEMENTS OF CASH FLOWS<\/strong><\/p>\n

(rounded to the nearest thousand dollars)<\/strong>\n <\/td>\n<\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Fiscal Year<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash flows from operating activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net loss<\/td>\n$<\/td>\n(10,159,000<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(18,697,000<\/td>\n)<\/td>\n<\/tr>\n
Adjustments to reconcile net loss to net cash used in operating activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n4,851,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,331,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued interest expense – notes payable<\/td>\n\u00a0<\/td>\n695,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Valuation adjustments<\/td>\n\u00a0<\/td>\n115,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,944,000<\/td>\n)<\/td>\n<\/tr>\n
Benefit for deferred income taxes<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(104,000<\/td>\n)<\/td>\n<\/tr>\n
Share-based compensation expense<\/td>\n\u00a0<\/td>\n1,964,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,102,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of goodwill<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,813,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of long-lived assets<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n963,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Provision for credit losses<\/td>\n\u00a0<\/td>\n(58,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(10,000<\/td>\n)<\/td>\n<\/tr>\n
Changes in assets and liabilities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accounts and contract receivables<\/td>\n\u00a0<\/td>\n1,919,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,708,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other assets<\/td>\n\u00a0<\/td>\n(81,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(401,000<\/td>\n)<\/td>\n<\/tr>\n
Accounts payable<\/td>\n\u00a0<\/td>\n288,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n544,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Accrued expenses and other liabilities<\/td>\n\u00a0<\/td>\n(102,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,277,000<\/td>\n)<\/td>\n<\/tr>\n
Deferred revenues<\/td>\n\u00a0<\/td>\n(946,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,243,000<\/td>\n)<\/td>\n<\/tr>\n
Net cash used in operating activities<\/td>\n\u00a0<\/td>\n(1,514,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(2,215,000<\/td>\n)<\/td>\n<\/tr>\n
Cash flows from investing activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Purchases of property and equipment<\/td>\n\u00a0<\/td>\n(7,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(54,000<\/td>\n)<\/td>\n<\/tr>\n
Capitalization of software development costs<\/td>\n\u00a0<\/td>\n(851,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,567,000<\/td>\n)<\/td>\n<\/tr>\n
Net cash used in investing activities<\/td>\n\u00a0<\/td>\n(858,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,621,000<\/td>\n)<\/td>\n<\/tr>\n
Cash flows from financing activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Proceeds from issuance of common stock<\/td>\n\u00a0<\/td>\n100,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Payment of acquisition earnout liabilities<\/td>\n\u00a0<\/td>\n(886,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Repayment of bank term loan<\/td>\n\u00a0<\/td>\n(1,500,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(750,000<\/td>\n)<\/td>\n<\/tr>\n
Repayment of line of credit<\/td>\n\u00a0<\/td>\n(1,500,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Proceeds from line of credit<\/td>\n\u00a0<\/td>\n1,000,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,500,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Proceeds from notes payable<\/td>\n\u00a0<\/td>\n4,400,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
Repurchase of common shares to satisfy employee tax withholding<\/td>\n\u00a0<\/td>\n(81,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(280,000<\/td>\n)<\/td>\n<\/tr>\n
Payment of deferred financing costs<\/td>\n\u00a0<\/td>\n(168,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(44,000<\/td>\n)<\/td>\n<\/tr>\n
Other<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net cash provided by financing activities<\/td>\n\u00a0<\/td>\n1,365,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n428,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net decrease in cash and cash equivalents<\/td>\n\u00a0<\/td>\n(1,007,000<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,408,000<\/td>\n)<\/td>\n<\/tr>\n
Cash and cash equivalents at beginning of period<\/td>\n\u00a0<\/td>\n3,190,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,598,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash and cash equivalents at end of period<\/td>\n$<\/td>\n2,183,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,190,000<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n STREAMLINE HEALTH SOLUTIONS, INC. AND SUBSIDIARIES<\/strong>
\n
\n RECONCILIATION OF NET LOSS TO NON-GAAP ADJUSTED EBITDA<\/strong><\/p>\n

(Unaudited, rounded to the nearest thousand dollars)<\/strong>\n <\/td>\n<\/tr>\n

\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Fiscal Year<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n (in thousands)<\/strong>\n <\/td>\n\u00a0<\/td>\n\n 2024<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2023<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Adjusted EBITDA Reconciliation<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n \u00a0<\/strong>\n <\/td>\n<\/tr>\n
Net loss<\/td>\n\u00a0<\/td>\n$<\/td>\n(10,159<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(18,697<\/td>\n)<\/td>\n<\/tr>\n
Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,013<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,071<\/td>\n\u00a0<\/td>\n<\/tr>\n
Income tax expense (benefit)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(46<\/td>\n)<\/td>\n<\/tr>\n
Depreciation and amortization<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,344<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,229<\/td>\n\u00a0<\/td>\n<\/tr>\n
EBITDA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3,802<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13,443<\/td>\n)<\/td>\n<\/tr>\n
Share-based compensation expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,964<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,102<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of goodwill<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9,813<\/td>\n\u00a0<\/td>\n<\/tr>\n
Impairment of long-lived assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n963<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-cash valuation adjustments<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n115<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,944<\/td>\n)<\/td>\n<\/tr>\n
Acquisition-related costs, severance, and transaction-related bonuses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n427<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n397<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other non-recurring expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(33<\/td>\n)<\/td>\n<\/tr>\n
Restructuring charges<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n759<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n(1,296<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(1,386<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc.\u00a0(\u201cStreamline\u201d or the \u201cCompany\u201d) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2025. Management Commentary “As of January 31, 2025, our solutions are delivering an annualized financial impact of more than $210 million to our clients by helping them better control revenue cycle outcomes \u2014 and we\u2019re just getting started. We\u2019re focused on deepening that impact with targeted innovation in fiscal 2025. Our new denial prevention functionality within eValuator exemplifies this approach \u2014 helping clients prevent denials in real time and quantify … <\/p>\n

Continue reading “Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-845597","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nStreamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc.\u00a0(\u201cStreamline\u201d or the \u201cCompany\u201d) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2025. Management Commentary “As of January 31, 2025, our solutions are delivering an annualized financial impact of more than $210 million to our clients by helping them better control revenue cycle outcomes \u2014 and we\u2019re just getting started. We\u2019re focused on deepening that impact with targeted innovation in fiscal 2025. Our new denial prevention functionality within eValuator exemplifies this approach \u2014 helping clients prevent denials in real time and quantify … Continue reading "Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-01T20:29:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results\",\"datePublished\":\"2025-05-01T20:29:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/\"},\"wordCount\":2210,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/\",\"name\":\"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=\",\"datePublished\":\"2025-05-01T20:29:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","og_description":"ATLANTA, May 01, 2025 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc.\u00a0(\u201cStreamline\u201d or the \u201cCompany\u201d) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the fourth quarter and fiscal year 2024, which ended January 31, 2025. Management Commentary “As of January 31, 2025, our solutions are delivering an annualized financial impact of more than $210 million to our clients by helping them better control revenue cycle outcomes \u2014 and we\u2019re just getting started. We\u2019re focused on deepening that impact with targeted innovation in fiscal 2025. Our new denial prevention functionality within eValuator exemplifies this approach \u2014 helping clients prevent denials in real time and quantify … Continue reading \"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-01T20:29:11+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results","datePublished":"2025-05-01T20:29:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/"},"wordCount":2210,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/","name":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=","datePublished":"2025-05-01T20:29:11+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQ0Mjk4NCM2OTE2NDMzIzIwODU2NTE="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/streamline-health-reports-fiscal-fourth-quarter-and-full-year-2024-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Streamline Health\u00ae Reports Fiscal Fourth Quarter and Full Year 2024 Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/845597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=845597"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/845597\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=845597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=845597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=845597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}