STRM - Earnings call transcript Q2 2022 | Streamline Health Solutions, Inc.

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Operator

Hello, and welcome to the Streamline Health Solutions Second Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Jacob Goldberger. Please go ahead, Jacob.

Jacob Goldberger

XX, us Streamline corporate second Health XXXX ended joining results and quarter for which of review Solutions July you for update the financial of Thank XXXX. for the

my As conference is Goldberger. name call Jacob indicated, operator

conclusion and remarks, open If Tee Officer. call have a Shaikh, me anyone Executive today's numerous the of these President for of participating President text of from website Board; Stilwill, and not Officer Joining of it announcing our At CEO company's Solutions; full the Chief from President of we CEO financial does Green, and today results, at the websites. Tom will retrieve or Chairman question-and-answer eValuator the Financial you press release call Ben on the on Gibson, are Chief session. and Solutions; today's prepared a Avelead can copy call Jawad www.streamlinehealth.net

we clear which we the about be is SEC with most Report, materially press Exchange other those earnings Before and to assumptions Securities factors sure submit Form company's the U.S. want that calls therefore our begin on for provided Private other these should Litigation XX-K be filings may with from made are that made and discuss. that Reform could are assumptions uncertainties to which These to following and uncertainties, and the file we results facts all record Act as risks, XXXX. be actual today prepared of we with our with risks, factors. on to the to everyone and certain of differ remarks, subject for recent statement: more statements information including are Please not We Annual releases cause the may Commission, this refer the conference viewed. the call record on are forward-looking be considered meaning historical for of within the statements Securities information

evaluating such such of non-GAAP EBITDA analysis help or Please today. Streamline figures our presenting call will to any Management management's acquisition into on As to this adjusted take we these topics statements commitment current should financial Health undertaking Participants when of of On discuss. into and will measures related items financial always, any obligation are the revise risks forward-looking we as uses today's made not these these discuss as to is note, we insight unaudited call provide publicly our today. performance. Avelead. better account measures

of expense not income certain measures. However, and are items in included these

most differ To utilize may own another website in amounts to and over our non-GAAP Green, may Officer. www.streamlinehealth.net our earnings terms, on now Executive please their of from which release So those Tee GAAP entity refer these measures. measures turn would to to comparable reconciliation to at such calculating Chief non-GAAP for measures. the a call calculations compare the and these consistent President like I

Wyche Green

Thank all joining you, morning. Jacob. this And you for us thank

by followed Following will businesses, and my CEO financial and updates Avelead President CFO of Solutions President Solutions from Stilwill, Tom Jawad Shaikh, update our giving on a their and remarks, CEO eValuator Gibson. be opening Ben of respective

products. Beginning XX, months ended $X.X August on we SaaS that, were our million our million, July attributable Avelead $X.X XXXX, new of which ended bookings, $X performance million goal. the $XX of Bookings for million totaled acquired quarter our of from that in end results the of upper $XX.X at through was six to SaaS million XXXX million in ACV bookings, second XX, reminder, quarter a quarterly $X As SaaS which get be date. will XXXX and included their I'll financial GAAP started. the overview the with we With financial with

power sales COVID partnership improved of force result of bookings conditions our within the to the the we made the last from is a into our of significant systems channel. acute hospital Our care crisis strong peak year. have investments performance the Operating testament strong and

that with be we million average million of bookings associated expectation headwinds, headwinds performance quarter SaaS staffing per However, and backlog $X our on fiscal remain. Despite in projects the hospitals will XXXX. to our maintain at $X throughout the

bookings has Our pace improved.

believe normalized performance in a we bookings accelerate. environment, However, our would

Given in the share metric the quarter, of during our our pace wanted bookings business. on half provide of the to insight growth we to new this additional first a

totaled XX As SaaS of $XX.X million. July value annual booked our contract

SaaS As revenue was a in fiscal GAAP $X.X million. XXXX reminder, our

Our But portion to recognized with his live. our provide CFO, note, metric the revenue associated today's timing Tom contracts revenue detail impact additional related will SaaS once software of call. please of Gibson during bookings this and only the is

for compared revenue to total Notably, SaaS the our the revenue revenue On results was forma of Total financial XXX% the XXXX. GAAP GAAP now million, increased a XXXX. total XXXX months to SaaS grew Recurring grew XX. July from XX% XXX% for year. of quarter second QX our during consolidated XX%. prior for basis, of revenue XXXX, from the three for year-over-year. second of revenue the ended $X accounted second quarter revenue increase quarter in QX pro XXXX XX% XX% Moving

of Second of quarter of compared EBITDA was adjusted loss $XXX,XXX million, EBITDA in quarter the to XXXX an XXXX. $X.X a loss adjusted second

XX, cash July $XX million term on XXXX $X.X loan. we of of hand million had As and

relationship, business service rapid respective eValuator as has functions well. businesses. leadership. Tom made details remains Both to remarks. continue rapidly its our maturing only innovation the bookings stock. is table and Jawad’s Avelead driving of financials under Gibson, of and his class progress our common one about clean with existing and prepared improve Avelead their is the cap new Cerner provide eValuator Our through significant will clients during CFO with additional and

existing eValuator the the and clients consistent new XXXX. past Over and eValuator quarter customers during modules, outpatient eValuator’s for all fee we environment extend pro the the across second to of investments nine purchase have clients. fee now have months, offers as fee environment asked our a made coding reach professional professional inpatient, both to module

turn within want the Ben, to I in successful progress the call we company. I made over have our to acknowledge sales building a Before structure

equals our innovation in growth. discussed, service plus model have we As

we We have made service addition as growth to execution. we into last CRO the second and move C-Suite Amy that investments growth inside hospital require with have half powerful all has contracts This hospitals promotions, in personnel. with in push eValuator’s a investment activities team the believe The the our relationships demonstration generate business made sales Sebero, innovation a development of season personnel. significant Cerner (ph) culminating leads function. personnel direct and regional coordinate progress great growth these Today, regions CRO, system key our year to C-suite functions. their when five Sebero, market relationships personnel marketing sales effectively of sales software we within and have was administrative manage through who in three that one, personnel [NZ] along relationships, three and Amy a function: advertising Beginning six

and call an right bookings of level the We total over have Today our exceed worked to to hard dedicated our headcount now over sufficient growth. XX% this to And is the make meet or last turn investment goals. eValuator. the current provide I'll build Ben? to the believe year regarding update is investments. Ben structure to we

Ben Stilwill

good morning. Tee. you, And Thank

professional represented our significant to another into our deal eValuator close that bookings success which by are first result client team ever fee investing white module. and build which a existing second growth into several is no of our our There is We glove largest referenced. Tee innovation of doubt sales of the service, providing one ACV product our quarter, client new during which and the out expanding eValuator pleased was

existing our of onsite. many with and meet to potential continue We clients

with our differentiator our outcomes will headwinds into backlog of the meetings to organizations use picture. approaching client the key meetings, hear our reduce the program how vendor on Client includes to consistently key our software, the rest One leadership eliminate way primary we between above bigger to the us is staff. success achieve enables. program, is of and and conversations from roundtables be We effort Success quarterly these these can During projects a described healthcare the that believe regular prospects turnover clients to Client solutions required fit and the numerous issues which software to discuss of I Success professional our and our product do today with financial improve clinical landscape. that the or we that IT monthly

concern fully eValuator challenges. are are to to the enable need we start Success clients These achieve values staffing To Cooper, what resources. as pushes potential during better to the often value about the to getting the process they adoption ability include client allowing integrated clients address off existing our on curve to who these our great concierges concierges needs, learn of result, impact. a insights We a points. gets quickly with any speed the whitepaper this us seeing maximize example and a significant is the published and given recently value clients concierge, which same Client pain a University the expanding the react shift Cooper we with we ultimately provide and to will are client us us illustrates outcomes. help impact. their Cooper left. helps need As team potential financial offering website Hospital speed for sales These to that calling created, and to quickly express Still

largest for quarter, of it our had a inpatient anticipate in current I and mentioned and forward prospects think eValuator was going I making on additional pro it possible. last that to a continue suite we bookings fee Many a Shaikh updates component very President I module CEO product the fee eValuator rewarding bookings forward. with for It fee quarter phase. deal. over help to provide the outpatient will execute entered its pro and a update our And our eValuator interested module to turn sharing was of and look beta clients also contribute Jawad will clients our I Avelead, contributor associates be We this complementing to next call. On products ever and pro to now and are on of Avelead. their The and innovation. module of our to Jawad? business the success of call, call our

Jawad Shaikh

to Ben, Avelead a and morning good world-class and you service satisfaction. innovation side you, on to deliver and Thank the Unlike eValuator, investments has all. client technology required

products. our ROI by our have clients We finalized for not the scorecard observe to delivered our

ensure our We our to said, in our significant existing, years. Cerner. in contracted continue expanding tools that through large the for we exhaustive growth make enterprise improvements the an of lies growth are ready an the within double opportunities opportunity partner list With to channel footprint anticipate coming they to clients,

client and revenue. ROI referenceable utilized proven Cerner Within client our sales build worked to RevID’s We base bookings we and pipeline. existing have relationships successfully and with our to drive process,

pipeline partner channel like the COVID Just and as opportunities see our eValuator opening within impact we from direct retreats.

During a nine the booking with facilities. was the being of business. potential its of Tom? for to to largest United our in minor one closed I of product the annualized This portion primarily in the across the CFO, systems X% our for product booking system now system came our successful we The in the Tom the month heels total system over approximately hospital compare of hospital contract States our a detail. call United on base. rigorous the revenue Southwestern second review financial turn Southwestern across compare more first of initial the is SaaS initial quarter, over $X results Tennessee program hospital a Gibson, of larger now hospital one our Again, pilot and resulted million space, booking States. generating than that will entire topline has

Tom Gibson

Jawad. Thank you,

on reported As our Avelead are acquired Tee his remarks, XX, that opening Avelead included GAAP August we All date. in of in operations numbers XXXX. from mentioned

from were of XXXX pro of increase We GAAP revenues was forma $X a comparable quarter also for owned year attributable Avelead assume provide the last $X.X the period. XXX% million, we year. the prior over numbers the second Avelead. that Total million beginning of period fiscal to

periods. Avelead. of XXXX, increased $XX.X the revenue million was For for quarter attributable XXX% million, GAAP the the $X.X a a XXX% the total GAAP increased to to $X months of And compared the XX, ended SaaS to six approximately revenue million year million and $X year-to-date six or ago. forma million same million July acquisition months increase or XXXX revenues $X.X and ended July revenue XXXX million of respectively pro of Total fiscal for approximately second revenues for and XX, $XX.X year-ago the SaaS XXX%. compared $XX.X million, were increased with $X.X quarter the GAAP

The related the related saw GAAP function increase to certain of the its operating of was Avelead in company $X.X numbers, period. quarter product XXXX increased quarter $X.X the acquisition to the innovation to second approximately investments of the the Further, reformed its to $XXX,XXX. of the levels. by Moving back prior for several expenses $X.X million its and million to to for our improvements. pre-COVID travel during was acquisition totaled the critical Avelead. compared year quarter impact deliver million costs This in resumed spend increased nearly full sales and company spend

months months expenses prior from as the operations XX, to ended to period. from million For increase six to $X.X year that the $XXX,XXX XXXX compared $XX,XXX XXXX $X.X continuing Loss July operating to was ended during continuing were liabilities. XX, XXXX Loss for operations included the and million $X.X acquisition million July, loan. $XX.X XX, Avelead. July July for of million XXXX the acquisition of income million loss of the continuing total the the three three of Loss adjustment $XX.X was attributable from XX, related cost evaluation of months operations quarter $XXX,XXX company's ended the acquisition on included from XX months for operations with related related XXXX. three associated the July PPP ended of forgiveness for ended compared

during $X.X XXXX costs first first of a included included of of million of the for fiscal was a same of loss costs, forgiveness July operations company's months loss XXXX XXXX. quarter related to from the in operations by from of compared the XX, continuing for EBITDA July second XX, was the quarter $X.X the loss income fiscal sales million acquisition EBITDA of a from Adjusted of six $XXX,XXX acquisition $X.X half from XXXX months continuing loss compared six ended for to Loss associated XXXX. of continuing by loan. compared to with of the related million fiscal the the operations loss when fiscal $X.X innovation while investments The fiscal for and made first adjusted of half ended higher $X.X For PPP company million XXXX can loss the adjusted months in XXXX, and be continuing XXXX. explained six of million EBITDA operations an $XXX,XXX

guidance. we the of Bank. closing Avelead following required us year Bridge no be in impacts which equates $XX acquisition, close. the loan the There into cash close, year on at the entered the stock loan cash Avelead consideration additional of in the to present as XX, the on estimate monthly acquisition and to prevents XXXX. XX required to the beginning earn-out cash million XXXX. $X.X million the million as and maintains stock from the each detailed Moving we referred These $XX,XXX The valued $X.X healthcare year of stock second These of balance hand, July had the upon million paid of Under are anniversaries first on value this common of to dates closing five and amounts term the completed million. to two of provide at position the company providing is date. acquisition $X,XXX the future XX, monthly and the be next of of of balance using coronavirus the with XXXX, market the novel will to sheet, million at liabilities restricted The of Subsequent that the January repayment will compared will approximately paid company acquisition. and term the aren’t $X.X that in in is sellers uncertainty $XX.X related the effects on of sheet to agreement August are of liabilities restricted company $X.X approximately following anniversary cash closing. acquisition a in

continue of forward have $X million million a an bookings we go of average reminder, TCV as to million And SaaS to target We quarter $X XXXX. closed pace per SaaS TCV. of for $XX.X date to

agreements recognized introducing Tee that we are implemented. each that are not value for As being as annualized metric have mentioned, new of a well as provides revenue, contract that into bookings an

while competing XXX may ACV our XXX customers recognition days. this stands to be from products revenue. Implementations to proxy larger is to were contracts signing, will our in executed a XXX both that or provide to be contract We implementations. live note recognized complexity the a of eValuator the recognize revenue will booked timing SaaS to sometimes are the due system. projects projects We by refer implementation from the contracts revenue signed from of Generally, annual timed SaaS to as due delayed value. XX all contract believe and recognizing after as subject our ACV we annual days figure maybe of another for ACV, for have Avelead Please of implementation revenue

Tee $XX.X structure, SaaS ACV of revenue. our growth ACV has XX, July of booked breakeven million that $XX been implemented. was our achieve at and believe focused cost remarked, On not As continued we a SaaS We SaaS business XXXX overall million as remain will SaaS $X.X current of booked its million. booked approximately ACV on of

the for will our progress the nor commend now cash joined we We XX%. fully I growth, experienced we remarks. to QX have gross our call to my or expect this Tee QX Green our generation. date staff implemented by his this concludes incremental the QX back above bookings I XXXX, September want margins proud of turn SaaS That and success. reach not is near-term of XXXX. have level company to realizing have visibility XXXX current am recent on company The I will we of in Tee? the or to in Since closing revenue QX and that level of made review.

Wyche Green

Tom. you, Thank

financial company growth to diversified drive and recurring taken providers and major revenue steps have proactively address better position to deliver streams performance healthcare improve enable for to and and our to continue We forward leakage long the into family has strength the innovation Health The over to product across smooth, company. healthcare and remains and priority partners a been of integration term. value shareholder the and Avelead dedication the revenue significant Streamline our

begin for session essential providing they all support their I'd we all hard Health to Their our and they to quality Q&A vision. Thank provide and for dedication. our contributions work are team entire your thank necessary resources for again Streamline Before ensure to to up communities like tools clients support healthcare and once our the care you of Streamline and serve. us free for the have time the

Now, I'd Operator. questions. to the your call like up to open

Operator

Thank you.

conducting first question [Operator Hewitt will We today session. from Capital Instructions] be coming Group. is Craig-Hallum question-and-answer Our a Matt from now

now Your line live. is

Matt Hewitt

pain a Congratulations morning. we're Good your in on with touched the and staffing are the little hospital the some actually to they those Maybe the are more coming facing them able first progress on pandemic receptive for this and that curious still of conversations bit finding environment, going get obviously, me, helps are problem you the but hospital for remarks, customers from a but taking on or as thank how technology a you in you front? point that solves meet because your prepared and the spending administration, given the you you're perspective meet that are products -- I'm of customers, regarding and your out one questions. them for with

Wyche Green

Thanks system word work run back for of years. administrative in question. mattered normalcy, to, versus everything what on COVID was several the Yeah, had health Matt. their focused use fashion Yeah, they nothing I their guess, here. decisions else making wouldn’t do to how the and they clinical, to but back seeing and which financial and getting we're clearly health systems, typical for I get Tee

it's to are inflationary business facilities So CFOs make are probably second of the of necessarily although looking systems the toward, (ph), that's to thing the And [indiscernible] now, definitely in new in applications, health not some that wants I is, where [solved] CEOs have probably and going And care, so now. environment [indiscernible]. lane. the per because building okay, of is these improvements my clinical wait not can clinical the right care, financial the scenarios but some much everybody swim them needed, care, these

logical at revenue next we for financial looking place So improve Is look. how it, the CFOs to technology cycle is do performance.

used I things of look clearly, know is, to studies mean, not billing the coming staffing Then Avelead you they time personnel, is they percent only area. from you RevID large to well, so, it see their out, having we health we business. having revenue my hospital auditors the revenue so staffing And at eValuator will but thing cycle there right don't like interesting what cycle the back, They're tremendous and left. hard of the what in look at and coming I second the people a in not that a and the fit percent some all consider system would left workforce work nurses, be is discussion. in if there a -- that

they really to And we believe for I innovation. that's look So Streamline place neat a is think where have in forward. going

Matt Hewitt

potential That's system we new to much be Thank or curious, great like allow Southwest helpful. a hospitals larger is that future, I'm hospitals it, regarding are would set thinking how for in was -- additional about the there five expand into sorry, what criteria is on you within the the that I'm you. color should with expand that. win in or X% there system that or I follow-up Health -- contract? you the the that milestones at quarter. than and to really mean, Thank Maybe

Wyche Green

we're going so if in valuable, plus model, is equals next there Yeah. to no the move things there -- service this be this -- you in and RevID when innovation we to to step. But I'll are about of pilot confidential take innovation our our well. growth, and the chime I’ll but is don't maybe get like and some there the as Jawad Tom way are let correct will technology think

on ROI, do eValuator sure getting working and quarter the every with the the that's scale the We an [indiscernible] prove comes focus that where more service that in side, are We going correctly, those those stay we every still make know we to sure less. so it there's that's working. side, that on we grow. things prove in. but tremendous can we're can or so we're that still make enterprise two month, we're these we're hitting Get innovation is. the know And advance margin And to then that component the service delivering

we're where focused. that's So

Matt Hewitt

you one And and of then the a talk maybe Could it. that a patients. back of the signing you. the the just half kind refocusing little out last bit energy first for half? and built COVID and how kind the you of on hospitals queue. over about that the hop things me Got I'll year into as and back business has how pipeline you're seeing to Thank up -- maybe versus the treating are their But expect over play running

Wyche Green

Yeah. Hi, they why -- side. from very the take eValuator you don't the you guys, Why -- do so the Avelead exciting. that Ben, both this Jawad investors don't here They're you we just and take

Ben Stilwill

Yeah.

obviously on kind seen what we build of out we've throughout ourselves. the shifted we're sort coming team. year how as Amy presenting think built I board, this sales we've So of

You mention Success heard the me program. Client

challenges, -- really into concept that. less of because desire and lean of think out enable that get that the to I program started to of kind of really more that the helps we've because staffing

those the more objections improve. overcome staffing. talk So, and kind ability our as and of we we some helped to here, budget which kind of push to and are of that We've normally that more, seen

then think side, Jawad? the lot productivity pipeline on the result. had innovation up I as and increase helps has delivery of a And a so like built product we've side, also the that's that. things And on

Jawad Shaikh

Yeah. kind And to that. just to add-on of

our but on goal to. innovation relationships well so Our really too. stay to as build [indiscernible] been which the that mentioned, with obviously in on going kind our to invest are continuing as expanding And pipeline continuing to also the well. with pipeline, has But and as within existing and we focus partnership obviously, focus to build has everything continued Tee the customers, to is then continue innovation lines as be, growing our patient Cerner up of continuing to is well these

to partners to as pipeline we're R&D. continue pipeline and good we our growth, steady growth continue So we’ll focus those on with on that getting focus

Matt Hewitt

very you much. Thank great. That's

Operator

you. Thank

Bauser coming is from question Kyle Next Markets. Capital Lake from Street

Your is live. line now

Kyle Bauser

thanks everyone. Hi, the results today Great. Great for and updates.

seeing like team of hospital really in your ago, there kind layered an and the that you the other of XX% this, contract in a magnitude new driving of and expansion eValuator being into recent just pattern of business the even have pipeline systems about of are your a it have, all rollout wanted sounds we're year even drivers, think into hospitals recurring are more of existing some little XX% versus other a with sales or now you that clients a metric forward. new presumably services to talked facilities win relationships we've announcements within drivers, the hospital bit but as holding of growing about talk that the can I but So are such to of that seeing commercial moving lot or this consolidating the kind referral get the I clearly the of revenue a and the investments reps sense from

Just magnitude other of the of these drivers. of curious, kind each

Wyche Green

taken is, Kyle. it the One the recognizing Yeah. impact happening things systems. X.X side The macro has years Thanks, guess, is a there This two, is is in major of business. financial right of COVID CFOs significant the Tee. that I now health on

to they to revenue areas. cycle leads have ship the that And in improvements. And so many ride

probably in the of country you in that’s system conversation. the any -- top so And go if health one that's

staffing. is second The

say, health. ride the And and so revenue financial it's cycle we challenges here's one ship to to to do our get okay, thing back to and got here's what to

have -- can effort innovation count. back performance, financial business. be those is to that the technology having that financial It trends replace reduces normally that for growth two improve our would human performance, and health And that require and so opinion. those me our my it for can without but human that and technologies we through billing, your you're auditing, today you the you overcome go teams, that BD, is, can in The have of you to great is, do sheer problem pre-built yes, that, some to for strategies in your of your the improved next ramp because not does things part several happening and would are that's right are staff in years also it CFOs two both. bodies to collections, also today head major drivers second weakness just The marketing to going And out to yes, coming systems -- you macro effort. we historically can need but there have are

Kyle Bauser

been I prop that. the to extent module. how And new said, or number, current that new percentage on existing of highest guess of targets within clients. kind I just is deployed think it’s I you being this are I'm value great curious kind ever kind maybe the adding pro appreciate Tee. module. just pro see that. many your high on clients you and It's can already of of do what fee fee the you based probability the regarding Clearly is to appreciate estimate then or

Wyche Green

you're what fee. also take don't but and shows pipeline you just Hey, Ben, cover current, why not for pro that

Ben Stilwill

Yeah.

clients it's current our are say at So about half candidates think I'd moment. I the -- ideal of

or I and function. not cycle main us think it's the with practice if that something integrated professional is function same hospital not is whether is or signal recently acquired cycle the in revenue to that revenue

it you common the together, be lot see et in both reporting, because success those two outset coding more -- probably from are initial And going And done so benefiting if from then you're we're a practices groups ways. we cetera. to

was earlier. that pipeline, we fee. that announced were bit a deal -- professional It we're to the order I we little As need far us. was to work a able think seeing had the we with largest do because That as that in for

And have enterprise so entire we're kind number great, we we've the seeing was in past and find goes said that it to ability. were the there and is of we trying opportunities that of across something that but a talked now

but, integrated, revenue on the kind of So net majority new forward. for more it's I less would sold -- being the doors our that yeah, I it's or that us say. vast I'm still think deals up we'll see dependent opening of going with cycles

Kyle Bauser

similar just business. of then are in of for, the And drivers that. side Avelead key question appreciate what particular lastly, EHR the of kind the on I Great. a migration. Kind

we're ones upgraded the consolidation kind a finally companies are So space that of were or just share that it natural just old where between using to systems EHR acquirers the switching companies. playing out and or then systems dynamics targeted is using in that getting that

August X? you. of of to trying think early what announced driving contracts get like August, Just the sense also on Thank one the kind a in I

Wyche Green

and Jawad, Hi, others. you the [indiscernible] what Cerner and can do through seen why what the don’t technologies RevID Epic Meditech and relationship compare Yeah. in we've [indiscernible] and

Jawad Shaikh

to as were do of history to continues of twofold going point, starting ROI and in document go the able maybe role step those, partnering period And definitely. kind clearly including EHR clients some our driving been that we're one for that as well do use of to we engagement kind to EHR we're our that live already big are clients to it's getting, long to a a too. being think to getting too. with play to belt been other the value I time. our has back on our kind more clients of But continue But under are and and our clients or in Yeah, we’re getting as with migrations or Cerner conversions this of have well, those and these able a

growing way too. of kind as well that So it

it's the the spreading were well and expanding to and getting both ROI are migration telling and clients. So conversion more future better that naturally as as EHR clients just

Kyle Bauser

congrats That update and today. Great. the my great questions taking for on make sense. Thanks

Wyche Green

Kyle. you, Thank

Operator

of We over to I'd back end like reached any floor you. the closing or turn session. question-and-answer for our Thank further comments.

Jacob Goldberger

Thank fiscal you have XXXX any your again performance. at forward year you third Good and you we jacob.goldberger@streamlinehealth.net. please when or all contact Do speaking quarter support for day. information of more additional me questions We need Streamline to discuss look with again all our interest Health.

Operator

Thank you. That teleconference and today's webcast. conclude does

wonderful you today. your day. You for this disconnect We and your have participation may line time at a thank

Streamline Health Solutions (STRM) 8 Sep 222022 Q2 Earnings call transcript