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HealthStream (HSTM) Stock News, Sep-Oct 2020

HSTM Nasdaq

HealthStream reports on healthcare technology platforms for clinical workforce solutions used by healthcare organizations, professionals, payers, nursing schools and students. Company news commonly covers financial results, earnings calls, dividend declarations, share repurchase authorizations and operating updates tied to its platform-delivered learning, clinical development, credentialing and scheduling applications.

Updates also include additions to HealthStream’s workforce ecosystem, such as the MissionCare Collective caregiver network and myCNAjobs.com career network, as well as Virsys12 and the V12 Enterprise Suite for provider onboarding, credentialing, data governance and network management. Partnership announcements and workforce-development initiatives reflect the company’s focus on healthcare staffing, training, engagement and retention.

Rhea-AI Summary

HealthStream, Inc. (Nasdaq: HSTM) will hold a conference call on October 27, 2020, at 9:00 a.m. ET to discuss its third quarter financial results for the period ending September 30, 2020. Results will be released post-market on October 26, 2020. The call can be accessed domestically at 877-647-2842 and internationally at 914-495-8564, with a live webcast available at ir.healthstream.com/events.cfm.

HealthStream provides workforce and provider solutions for healthcare organizations, aiming to enhance patient outcomes through workforce development.

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HealthStream (Nasdaq: HSTM) announced the acquisition of ShiftWizard, Inc. for approximately $32 million in cash. ShiftWizard is a SaaS provider focused on workforce management solutions, enhancing scheduling, productivity, and forecasting for healthcare organizations. This acquisition expands HealthStream's portfolio, previously bolstered by its acquisition of NurseGrid. ShiftWizard boasts a 97% customer retention rate and was recognized as a Category Leader in scheduling applications by KLAS. The deal aims to improve staffing efficiency and support increased demands in healthcare environments.

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FAQ

What is the current stock price of HealthStream (HSTM)?

HealthStream (HSTM) last closed at $33.77.

What is the market cap of HealthStream (HSTM)?

The market cap of HealthStream (HSTM) is approximately $1.0B.