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 (Nasdaq: HSTM) is described as the healthcare industry’s largest ecosystem of platform-delivered workforce solutions, with a focus on helping healthcare professionals deliver excellence in patient care. The HSTM news feed highlights how the company develops and expands its workforce and provider technology platform through financial performance updates, acquisitions, and capital allocation decisions.
Investors and healthcare professionals following HSTM news will find regular earnings announcements, where HealthStream reports quarterly revenues, operating income, net income, earnings per share, and adjusted EBITDA. These releases also discuss factors affecting performance, such as investments in the company’s platform and SaaS applications, changes in revenue mix, and sublease income. Guidance updates for the full year and commentary from management provide additional context on expectations for revenue, net income, adjusted EBITDA, and capital expenditures.
The HSTM news stream also covers strategic acquisitions that expand HealthStream’s ecosystem. Recent examples include the acquisition of Virsys12, a healthcare technology company offering a provider data management and credentialing suite for payers and health plans, and the acquisition of MissionCare Collective, a healthcare workforce company with a large caregiver network and the myCNAjobs.com platform. These transactions are presented as strengthening HealthStream’s credentialing capabilities and workforce ecosystem, including its Career Networks and provider data management solutions.
Other recurring news topics include share repurchase programs authorized by the Board of Directors, quarterly cash dividend declarations under the company’s dividend policy, and corporate actions such as employee-focused stock contributions by executives. Together, these updates provide insight into HealthStream’s capital allocation approach and its efforts to support and engage its workforce.
For anyone tracking HSTM, the news page offers a centralized view of HealthStream’s operational, strategic, and financial developments, from platform investments and acquisitions to dividends and repurchase authorizations.
HealthStream (HSTM) has acquired two clinical rotation management businesses: Total Clinical Placement System (TCPS) and The Clinical Hub for up to $1.65 million and $600,000 in cash respectively, subject to earnout achievements. Combined with HealthStream's existing myClinicalExchange™ platform, these acquisitions expand the company's capabilities in managing clinical rotations for nursing and allied healthcare students. The myClinicalExchange application has already facilitated over 285,000 clinical rotations this year. These acquisitions will enhance HealthStream's geographic coverage in Tennessee, surrounding states, and Oklahoma, improving clinical placement options for hospitals, schools, and students.
HealthStream (Nasdaq: HSTM) announced strong financial results for Q3 2024. Key highlights include:
- Revenues increased 3.9% to $73.1 million
- Operating income up 33.6% to $6.5 million
- Net income grew 48% to $5.7 million
- EPS rose to $0.19 per share
- Adjusted EBITDA increased 9% to $17.7 million
The company updated its 2024 guidance, projecting revenue of $290-$292 million and net income of $18.5-$19.5 million. HealthStream's CEO highlighted the benefits of their innovative platform strategy, which is driving increased value for customers and shareholders. The Board declared a quarterly cash dividend of $0.028 per share, payable on November 15, 2024.
HealthStream, Inc. (Nasdaq: HSTM), a leading healthcare technology platform for workforce solutions, has announced its upcoming third quarter 2024 earnings conference call. The call is scheduled for Tuesday, October 22, 2024, at 9:00 a.m. Eastern Time. Financial results for the quarter ending September 30, 2024, will be released after market close on Monday, October 21, 2024.
Participants can join the conference call via webcast or telephone. Those opting for telephone participation 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 call and webcast will be available on the company's website for at least 30 days following the event.
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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