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 (NASDAQ: HSTM) announced a conference call to discuss its Q1 2021 financial results, scheduled for April 27, 2021. The results will be released post-market on April 26, 2021. The call will begin at 9:00 a.m. ET and can be accessed via a toll-free number for U.S. and Canadian callers, or by international dialing. A live audio webcast will also be available, with a replay option afterwards. HealthStream focuses on workforce solutions for healthcare organizations, aiming to enhance patient outcomes through the development of personnel.
HealthStream, a provider of healthcare workforce solutions, reported its financial results for Q4 and the full year 2020. Q4 revenues were $61.8 million, down 1% from $62.7 million in Q4 2019. Operating income decreased by 66% to $1.1 million, influenced by $3.0 million in operating losses from recent acquisitions. Full-year revenues declined to $244.8 million, a 4% decrease, while operating income increased by 7% to $15.8 million. The EPS remained stable at $0.44 per share for both years. For 2021, the company forecasts revenue between $242.5 million and $252.5 million.
HealthStream, Inc. (NASDAQ: HSTM) will hold a conference call on February 23, 2021, at 9:00 a.m. ET to discuss its fourth quarter 2020 financial results. The results will be released on February 22, 2021, after market close. Investors can access the call via telephone or through a live webcast. HealthStream provides solutions for workforce and provider development in the healthcare sector, emphasizing the importance of improving patient outcomes through enhanced workforce capabilities.
HealthStream (Nasdaq: HSTM) has announced the acquisition of ComplyALIGN, a Chicago-based healthcare technology company, for approximately $2 million in cash. ComplyALIGN offers a widely praised SaaS-based policy management system utilized by over 200 healthcare facilities, including more than 150 hospitals. This acquisition enhances HealthStream's offerings in workforce solutions, addressing significant policy management challenges faced by healthcare organizations. The integration of ComplyALIGN's technology is expected to expand HealthStream's market presence and improve service delivery within the healthcare sector.
HealthStream (Nasdaq: HSTM) has acquired substantially all assets of myClinicalExchange LLC for approximately $4.5 million. This acquisition enhances HealthStream's capabilities by integrating myClinicalExchange’s SaaS application, which supports healthcare organizations in managing clinical rotation educational requirements for students. Currently, the application serves around 400 hospitals and 1,000 colleges, facilitating the education of approximately 50,000 healthcare students annually. The deal is expected to create synergies in workforce management and improve compliance tracking for clinical rotations.
HealthStream (Nasdaq: HSTM) has acquired Change Healthcare’s staff scheduling business, including the ANSOS™ Staff Scheduling application, for approximately $67.5 million in cash. This acquisition enhances HealthStream’s Workforce Solutions segment, aiming to improve its offerings in workforce management within the healthcare industry. The integration is expected to bolster HealthStream’s capabilities in workforce development and support healthcare organizations in optimizing staff scheduling and management.
HealthStream (Nasdaq: HSTM) announced an agreement to acquire Change Healthcare's staff scheduling business, including the ANSOS™ application, for approximately $67.5 million in cash. This acquisition is expected to enhance HealthStream's Workforce Solutions segment by consolidating staffing solutions used by over 300 hospitals. The deal is projected to positively impact financial results in 2021, contributing an estimated $16.5 to $19.5 million in revenue, despite some initial write-downs and investment costs. Closing is anticipated in Q4 2020.
HealthStream (Nasdaq: HSTM) has launched its Resuscitation Specialty Sims, a simulation-based training program for healthcare professionals to enhance their resuscitation skills. The inaugural focus is on Operating Rooms, featuring scenarios for respiratory arrest and pulmonary embolism. These simulations target five critical roles in resuscitation events and can be completed quickly on mobile devices. Additionally, HealthStream has received a Notice of Allowance for a patent on its unique role-based education methodology. A webinar previewing the simulations is scheduled for today at 1:00 p.m. CT.
HealthStream (HSTM) reported Q3 2020 revenues of $60.9 million, a 3% decline from Q3 2019, primarily driven by a decrease in legacy resuscitation product sales. Operating income fell 16% to $3.1 million, with income from continuing operations down 24% to $2.6 million, resulting in an EPS of $0.08. Despite the challenges, the company reported cash and cash equivalents of $149.7 million. Adjusted EBITDA also decreased by 3% to $11.1 million. A significant acquisition of ShiftWizard for approximately $32 million was completed in October 2020.
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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