On September 18, 2001, Collective Soul released their greatest hits compilation Seven Year Itch: Greatest Hits, 1994-2001 (stylized as 7even Year Itch). The compilation includes songs recorded from 1994 to 2001 and included two new tracks, "Next Homecoming" and "Energy". Seven Year Itch received decent reviews and was relatively successful It sold 225,000 copies in the first year after its release and reached number fifty on the Billboard 200; in Canada, it reached number nine on its albums chart and went platinum. All the songs in Seven Year Itch had charted in the US on the Billboard Hot 100, Mainstream Rock Tracks, or the Modern Rock Tracks chart, except for "Energy", which debuted in this compilation.
The compilation has sold over 500,000 copies. It saw a resurgence in sales after Collective Soul began putting out albums on their own independent label, El Music Group, beginning in 2004.
Seven Year Itch was the last album Collective Soul released through Atlantic Records and their last album to feature guitarist Ross Childress, who had been with the band since its 1993/1994 debut.
"She Said" was previously released as a hidden track on Dosage, where it was merged on the same track as the album's listed closer "Crown". A different mix of "She Said" was first released on the Scream 2 soundtrack.
"Energy" and "Next Homecoming" are previously unreleased.
Some releases have "Perfect Day" featuring Elton John, originally from Blender as track 7 following "Gel", moving "Precious Declaration" onwards down one place.