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), a leading healthcare technology platform for workforce solutions, has scheduled its first quarter 2025 earnings conference call for Tuesday, May 6, 2025, at 9:00 a.m. Eastern Time. The company will release its Q1 2025 financial results after market close on Monday, May 5, 2025.
Participants can join the conference call through a webcast or telephone registration. Those joining by phone must register in advance to receive dial-in details and access credentials. All participants are advised to connect 15 minutes before the start time. The call recording and webcast will be available on HealthStream's website for a minimum of 30 days.
HealthStream (HSTM) has announced plans to sublease portions of its Nashville office space, specifically the 9th and 10th floors of the Capitol View building, while maintaining its 8th floor presence. This decision aligns with the company's commitment to a hybrid work model, which has been in place since March 2020 for the majority of its workforce.
The company will retain its corporate headquarters in Nashville's Capitol View building, continuing to hire both locally and nationally. The sublease is scheduled to begin in Q2 2025 and run through Q4 2031. HealthStream plans to use the cost savings from this arrangement for long-term growth initiatives, with no impact on its 2025 financial guidance.
The company also noted its recent recognition as #1 in G2's '2025 Best Software in Healthcare' list. Additionally, HealthStream announced it will not renew its San Diego office lease, which expires in June 2026.
HealthStream (Nasdaq: HSTM) has appointed Charles E. Beard, Jr. to its Board of Directors, where he will serve on the Audit Committee. Beard brings over 30 years of executive experience, most recently serving as Chief Operating Officer at Guidehouse until December 2024, where he helped achieve five-fold growth reaching $3 billion in annual revenue with 17,000 employees.
Prior to Guidehouse, Beard was a Partner at PwC and served as Chief Information Officer at SAIC (now Leidos). His board experience includes positions at Inova Health System ($5.7 billion health system), Fresh Del Monte Produce (NYSE: FDP), and Guidehouse. Beard holds a Master of Jurisprudence from Seton Hall School of Law, an MBA from the University of Montana, and served in the U.S. Air Force as a Space and Missile Operations Officer.
HealthStream (HSTM) reported strong financial results for Q4 and full-year 2024. Fourth quarter revenues increased 5.2% to $74.2 million, with operating income up 10.2% to $4.7 million and EPS of $0.16 per share.
Full-year 2024 performance showed significant growth with revenues up 4.5% to $291.6 million, operating income increasing 32.9% to $21.3 million, and net income rising 31.5% to $20.0 million. The company's EPS reached $0.66 per share, up from $0.50 in 2023.
Notable developments include the acquisition of two clinical rotation management businesses (TCPS and The Clinical Hub), a 10.7% increase in quarterly dividend to $0.031 per share, and top rankings for their Learning Center and CredentialStream applications in G2's 2025 Best Software Awards. The company ended 2024 with $97.2 million in cash and marketable securities.
HealthStream's Learning Management System (LMS), the HealthStream Learning Center®, has achieved the #1 ranking in G2's 2025 Best Software in Healthcare list. This recognition is particularly significant as G2's healthcare category encompasses thousands of vendors' products across various functions.
The achievement comes amid HealthStream's ongoing multi-year innovation initiative for their LMS, which has introduced several healthcare-specific enhancements including:
- Integrated primary source license and certification verification services
- Point-of-care device integrations
- New reporting and analytics stack
- Suite of APIs for process streamlining
The platform currently serves thousands of U.S. hospitals and healthcare organizations. G2's ranking system is based on verified user reviews and market presence data, with their platform reaching 100 million buyers annually and featuring over 180,000 software products and 2.8 million user reviews.
HealthStream (Nasdaq: HSTM), a healthcare technology platform specializing in workforce solutions, has announced its upcoming fourth quarter and full-year 2024 earnings conference call. The financial results will be released after market close on Monday, February 24, 2025, followed by a conference call on Tuesday, February 25, 2025, at 9:00 a.m. Eastern Time.
Participants can join via webcast or telephone, with telephone participants required to register in advance to receive dial-in details. The company recommends joining 15 minutes before the start time. A replay of both the conference call and webcast will be available on HealthStream's website for at least 30 days.
HealthStream (HSTM) announced that its CredentialStream application, CredentialStream Hub, and Network have achieved HITRUST r2 Certification, the highest level of information protection and compliance assurance. CredentialStream is used by hospitals and health systems for credentialing, privileging, and enrollment.
The certification process involved a comprehensive evaluation of 921 baseline controls across 19 domains, including data protection, network security, and business continuity. This achievement is particularly significant given that healthcare faces increased risk exposure due to protected health information and regulatory requirements. According to HHS data, 720 security breaches were reported in 2024, with 520 from healthcare providers, while HITRUST-certified environments reported only 0.64% of security breaches in 2022-2023.
HealthStream (HSTM) and the American Red Cross have expanded their Resuscitation Suite portfolio with a new Neonatal Advanced Life Support (NALS) education program. This addition marks the fourth component of their resuscitation training suite, joining Basic Life Support, Advanced Life Support, and Pediatric Advanced Life Support programs, which have already awarded over 1.5 million certifications since 2019.
The NALS program addresses a critical need, particularly in areas designated as 'maternity care deserts,' which affect over 35% of U.S. counties. The program extends beyond traditional settings like delivery rooms and NICUs to include emergency departments, birthing centers, and EMS services. The training is delivered through HealthStream's hStream® platform, featuring adaptive learning experiences, automated assignment capabilities, and seamless certificate management.
HealthStream (HSTM) has launched its new HealthStream Learning Experience™ (HLX) application, a modern healthcare-specific learning platform that offers personalized, self-directed learning pathways. The platform integrates with HealthStream's Learning Center® and Competency Suite™, utilizing AI and large language models to create engaging learning experiences and smart content recommendations.
Three large healthcare organizations have already chosen HLX as their employee development platform. The application supports various learning modalities including online blogs, articles, videos, social learning, virtual reality, and podcasts, while maintaining necessary compliance in healthcare's regulated environment.
The platform aims to enhance employee engagement, retention, and workforce upskilling, particularly supporting strategic initiatives like cross-training medical-surgical nurses to critical care roles. HLX leverages the company's hStream platform to aggregate user accomplishments and interactions for personalized learning experiences.
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.