Streamline Health Solutions,Inc. (NASDAQ:STRM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Streamline Health Solutions,Inc. (NASDAQ:STRM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Streamline Health Solutions,Inc. (NASDAQ:STRM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August6, 2018, the board of directors (the “Board”) of Streamline Health Solutions,Inc. (the “Company”) appointed Wyche T. “Tee” Green,III to the Board, effective as of the same date.

Mr.Green, age 46, is the Chairman and Chief Executive Officer of Greenway Unlimited, an investment company that he founded in 2013. He is the former Chief Executive Officer and Executive Chairman, and a co-founder, of Greenway Medical Health, an electronic health record and practice management based in Carrollton, Georgia, where he served in leadership roles since 1998 and was responsible for leading the Company’s strategic direction while managing the sales, marketing and business development teams. He has a wide array of public and nonpublic board service with healthcare and technology related companies. Mr.Green received a bachelor’s degree in business administration management from Auburn University. We believe Mr.Green’s qualifications to serve on our Board of Directors include his experience as a software executive, his knowledge of our industry and his ability to bring perspective to the Board.

Upon joining the Board, Mr.Green will be leading a comprehensive review of strategy and operations of the Company with a focus on identifying additional growth opportunities for the Company.

Mr.Green and the Company previously entered into a consulting agreement, dated October25, 2017 (the “Agreement”), to which Mr.Green receives a monthly fee of $5,000. The Agreement automatically renews on a monthly basis unless terminated by either party upon thirty (30) days’ advance written notice to the other party.

Other than the transaction described above, there are no related party transactions involving Mr.Green that are reportable under Item 404(a)of Regulation S-K. There is no arrangement or understanding with any person to which Mr.Green was appointed as a member of the Board.

A copy of the press release announcing Mr.Green’s appointment is furnished as Exhibit99.1 and is incorporated herein by reference.

In addition, Michael K. Kaplan and Michael G. Valentine, both members of the Board, have informed the Company that they will serve the remainder of their terms, which expire at the Company’s next annual meeting of stockholders, but will not stand for re-election at that meeting. The Company is grateful for both of their valuable contributions.

Item 9.01. Financial Statements and Exhibits.

(d)Exhibits

The following exhibits are filed herewith:

ExhibitNo.

Description

99.1

Press release dated August7, 2018


STREAMLINE HEALTH SOLUTIONS INC. Exhibit
EX-99.1 2 a18-18415_1ex99d1.htm EX-99.1 Exhibit 99.1   News Release   STREAMLINE HEALTH NAMES ‘TEE’ GREEN,…
To view the full exhibit click here

About Streamline Health Solutions,Inc. (NASDAQ:STRM)

Streamline Health Solutions, Inc. is engaged in providing healthcare information technology through the licensing of its Electronic Health Information Management, Patient Financial, Coding and Clinical Documentation Improvement (CDI), and other Workflow software applications, and the use of such applications by software as a service. The Company also provides implementation and consulting services to complement its software solutions. The Company provides computer software-based solutions through its Looking Glass platform. The Company sells its solutions and services in North America to hospitals and health systems, including physician practices, through its direct sales force and its reseller partnerships. The Company’s software and services allow hospitals and integrated healthcare delivery systems in the United States and Canada to capture, store, manage, route, retrieve and process patient clinical, financial and other healthcare provider information.