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, Inc. (Nasdaq: HSTM) reported a 4% increase in 2022 revenues, totaling $266.8 million. The fourth quarter revenue reached $68.5 million, a 7% year-over-year increase. Operating income improved to $3.1 million compared to a loss of $0.5 million in Q4 2021. Net income surged to $2.5 million from a loss of $0.4 million. The company introduced a quarterly cash dividend of $0.025 per share, with the first payment scheduled for April 28, 2023. HealthStream also completed the acquisition of eeds for $7 million and reported an increase in contracted subscriptions to 5.54 million.
HealthStream (Nasdaq: HSTM) announced a multi-year agreement with Ardent Health Services to provide workforce solutions for over 23,000 employees across 30 hospitals. The agreement includes the use of HealthStream Learning Center, hStream platform, SafetyQ compliance program, and HealthStream Video applications. With approximately 400,000 courses completed daily, HealthStream's learning solutions are pivotal in ensuring quality patient care. Ardent's choice followed a comprehensive evaluation process highlighting HealthStream's performance and unique benefits, including a licensed verification service and a library of 800+ training courses.
HealthStream (Nasdaq: HSTM) announced a conference call to discuss its fourth quarter and full-year 2022 financial results on February 21, 2023, at 9:00 a.m. Eastern Time. The results will be released after market close on February 20. This call will provide insights into the company's earnings, revenue, and overall financial performance for the last quarter and full year ending December 31, 2022. Participants can join via a webcast or telephone. A replay will be available for 30 days.
HealthStream (NASDAQ: HSTM) has acquired substantially all assets of eeds, a healthcare technology company based in Asheville, North Carolina, for approximately $7.0 million in cash. This acquisition marks HealthStream's third in the CME management software sector within 13 months, fulfilling its investment strategy in this specialty area. The eeds platform enhances HealthStream's offerings by providing an innovative, SaaS-based solution for continuing medical education (CME) management, aiming to improve the efficiency and tracking of required educational activities across healthcare organizations.
HealthStream (HSTM), a provider of workforce solutions for healthcare, has launched its hStream™ Developer Portal. This Portal enhances the hStream platform by offering scalable, secure APIs, facilitating integration among applications. CEO Robert A. Frist Jr. emphasized the Portal's role in empowering partners with access to essential functionalities. Additionally, a new partnership with CAE Healthcare has been formed, marking the manikin for resuscitation skills assessment as hStream-Certified. This initiative aims to streamline interoperability and enhance offerings in the healthcare ecosystem.
HealthStream (NASDAQ: HSTM) has partnered with CAE Healthcare to enhance the American Red Cross Resuscitation Suite program. This collaboration introduces a new hStream-Certified manikin for skills testing in resuscitation training, allowing healthcare organizations to choose from multiple manikin options. The technology measures learner performance objectively, providing a reliable pathway to certification. Over 700,000 healthcare professionals have already earned Red Cross certificates through HealthStream’s platform. Demonstrations of the new manikin are being offered, with shipments expected in early Q2 2023.
HealthStream, Inc. (Nasdaq: HSTM) reported a 5% year-over-year revenue increase for Q3 2022, totaling $67.3 million. Operating income rose by 33% to $2.4 million, and net income surged 144% to $3.7 million, resulting in an EPS of $0.12, up from $0.05 in Q3 2021. Workforce Solutions drove revenue growth, while the Provider Solutions segment saw a slight 2% increase. The company anticipates a revenue increase of approximately 3.8% for the full year 2022, reflecting ongoing market conditions. Key metrics include a $51.8 million cash position and 5.35 million contracted subscriptions to hStream.
HealthStream, Inc. (Nasdaq: HSTM) will hold a conference call on October 25, 2022, to discuss its third quarter 2022 financial results. The results, covering the quarter ended September 30, 2022, will be released after market close on October 24, 2022. The conference call is set for 9:00 a.m. ET on October 25 and will be accessible via webcast or telephone. A replay will be available on the company’s website for at least 30 days. HealthStream focuses on workforce development in the healthcare sector.
HealthStream (Nasdaq: HSTM) announced a virtual Investor Day on September 22, 2022, from 9:00 a.m. to 12:00 noon CT. CEO Robert A. Frist, Jr. and the management team will discuss the company’s growth in healthcare IT and share updates on operations and finances. The event will feature presentations from nine speakers and aims to outline HealthStream's future strategies. Registration is required to attend, and materials will be available on the company’s website for 90 days post-event.
HealthStream reported a 1% revenue increase to $65.6 million for Q2 2022, compared to $64.8 million in Q2 2021. Operating income fell by 14% to $3.0 million, while net income surged 26% to $3.1 million. EPS rose from $0.08 to $0.10. Adjusted EBITDA decreased by 10% to $13.1 million. The company acquired the remaining stake in CloudCME for $4 million in cash and $4.1 million in stock. HealthStream maintains 2022 revenue guidance between $267.5 million and $273.0 million.
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