Welcome to our dedicated page for Healthstream news (Ticker: HSTM), a resource for investors and traders seeking the latest updates and insights on Healthstream stock.
HealthStream, Inc. (HSTM) delivers essential workforce development solutions and provider management tools for healthcare organizations through its SaaS platforms. This page consolidates official announcements and strategic updates impacting clinical training programs and administrative efficiency in the healthcare sector.
Investors and healthcare administrators will find timely updates on product enhancements, regulatory compliance features, and partnership developments. Key areas covered: quarterly earnings insights, credentialing automation advancements, learning management system updates, and leadership changes affecting healthcare operations.
Bookmark this resource for structured access to HealthStream's evolving solutions that address critical needs in healthcare education and provider management. Regular updates ensure you stay informed about technologies shaping workforce competency and administrative workflows in medical institutions.
HealthStream (Nasdaq: HSTM) unveiled new innovations for its CredentialStream® solution at the NAMSS 2024 Conference. Key announcements include:
1. A patent for CredentialStream's Privilege Solution, featuring a curated privileging library and smart logic for automating qualification evaluations.
2. Network by HealthStream™, a data-fluent solution for health plans, automating payer credentialing and related processes.
3. OneClick Verisys, a tech-enabled Credentials Verification Organization (CVO) service in partnership with Verisys
4. New benefits to the hStream for Credentialing package, including Provider Portfolio and MyLearning integration.
These innovations aim to accelerate time to revenue, validate credentials rapidly, and enhance the provider experience across various healthcare processes.
HealthStream (HSTM) reported Q2 2024 results with revenues of $71.6 million, up 3.4% year-over-year. Operating income increased 10.1% to $4.4 million, while net income rose 0.8% to $4.2 million. Earnings per share improved to $0.14 from $0.13 in Q2 2023. Adjusted EBITDA grew 3.3% to $15.8 million.
The company faced a $1.0 million charge due to a customer bankruptcy, impacting various financial metrics. HealthStream declared a quarterly dividend of $0.028 per share. For the full year 2024, the company projects revenue between $292.0-$296.0 million and adjusted EBITDA of $64.5-$67.5 million.
HealthStream (Nasdaq: HSTM), a leading healthcare technology platform for workforce solutions, has announced its upcoming second quarter 2024 earnings conference call. The call is scheduled for Tuesday, July 23rd, 2024, at 9:00 a.m. Eastern Time. Financial results for the quarter ending June 30th, 2024, will be released after market close on Monday, July 22nd, 2024.
Participants can join the conference call via webcast or telephone. Those opting for telephone access must register in advance and will receive confirmation details including a unique passcode and registrant ID. All participants are advised to dial in 15 minutes before the start time. A replay of the conference call and webcast will be available on the company's website for at least 30 days after the event.
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