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HealthStream Announces the Addition of Terry Allison Rappuhn to the Board of Directors

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HealthStream (Nasdaq: HSTM) has appointed Terry Allison Rappuhn to its Board of Directors, effective immediately. Rappuhn will also serve on the Audit Committee. She brings extensive experience from her roles on six public company boards, focusing on healthcare providers, with a strong background in finance and cybersecurity governance. Rappuhn’s previous positions include serving as Chief Financial Officer at Quorum Health Group and a Certified Public Accountant at Ernst & Young. Her expertise is expected to enhance HealthStream’s financial oversight and governance.

Positive
  • Terry Rappuhn's extensive experience on six public company boards improves governance.
  • Rappuhn's background in cybersecurity governance brings valuable skills to the Audit Committee.
  • Her financial expertise is expected to enhance HealthStream's strategic decision-making.
Negative
  • None.

NASHVILLE, Tenn.--(BUSINESS WIRE)-- HealthStream (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, today announced that Terry Allison Rappuhn has joined its Board of Directors and will serve as a member of its Audit Committee.

(Photo: Business Wire)

(Photo: Business Wire)

Ms. Rappuhn has served on six public company boards with revenue ranging from $70 million to $5 billion, primarily among healthcare provider companies. She served as an audit committee member and financial expert for all six boards, while concurrently chairing four of those committees. She also served as the Chief Financial Officer for Quorum Health Group from 1999 to 2001. Ms. Rappuhn began her career as a Certified Public Accountant at Ernst & Young, LLP.

Along with Ms. Rappuhn’s executive-level financial expertise and leadership, she brings cybersecurity governance skills to HealthStream’s Board. She holds a CERT Certificate in Cybersecurity Oversight from the National Association of Corporate Directors and Carnegie Mellon University.

Ms. Rappuhn’s exceptional performance across multiple executive and director roles has earned national recognition through the years. Most recently, she was listed among Women Inc.’s “2019 Most Influential Corporate Board Directors” and Directors & Boards Magazine’s “2018 List of Directors to Watch.”

With a long-standing passion for healthcare delivery, Ms. Rappuhn has been actively involved in public service organizations. She founded Westminster Home Connection, a not-for-profit organization that makes homes safe and functional for older adults to age-in-place. Ms. Rappuhn also served as a project leader for the Healthcare Financial Management Association’s (HFMA) Patient Friendly Billing initiative, along with other key HFMA initiatives.

“Ms. Rappuhn makes an outstanding addition to our Board of Directors,” said Robert A. Frist, Jr., Chairperson and Chief Executive Officer of HealthStream. “Her distinguished record of accomplishments and financial expertise brings a wealth of experience to HealthStream. I expect that she will add a valuable perspective to Board discussions as she advises the Company.”

About HealthStream
HealthStream (Nasdaq: HSTM) is dedicated to improving patient outcomes through the development of healthcare organizations’ greatest asset: their people. Our unified suite of solutions is contracted by healthcare organizations across the U.S. for workforce development, training & learning management, nurse & staff scheduling, clinical education, credentialing, privileging, provider enrollment, performance assessment, and managing simulation-based education programs. HealthStream’s corporate office is in Nashville, Tennessee. For more information, visit http://www.healthstream.com or call 800-521-0574.

This press release includes certain forward-looking statements (statements other than solely with respect to historical fact) that involve risks and uncertainties regarding HealthStream. These statements are based upon management’s beliefs, as well as assumptions made by and data currently available to management. This information has been, or in the future may be, included in reliance on the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. The Company cautions that forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by the forward-looking statements, including that the anticipated financial results associated with the acquisition may not be achieved, and that the anticipated financial and strategic benefits of the acquisition may not be realized, as well as the result of risks referenced in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, filed on February 26, 2021, the Company’s Quarterly Report on Form 10-Q for the three months ended September 30, 2021, filed on October 28, 2021, and in the Company’s other filings with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any such forward-looking statements.

Mollie Condra, Ph.D.

HealthStream

(615)-301-3237

mollie.condra@healthstream.com

Source: HealthStream

FAQ

Who is Terry Rappuhn in relation to HealthStream?

Terry Rappuhn has been appointed to HealthStream's Board of Directors and will serve on its Audit Committee.

What experience does Terry Rappuhn bring to HealthStream?

Rappuhn has served on six public company boards, focusing on healthcare and has significant financial and cybersecurity governance expertise.

How might Terry Rappuhn's appointment impact HealthStream's stock?

Her extensive experience and skills in finance and governance may improve investor confidence and positively influence the stock.

What is the significance of having Rappuhn on the Audit Committee?

Her expertise is vital for enhancing financial oversight and ensuring strong governance practices within HealthStream.

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