HealthStream Learning Center™ (HLC) Selected by Ardent Health Services to Support their Workforce, Enterprise-wide

Rhea-AI Summary

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.

Positive

• Multi-year agreement with Ardent Health Services to support 23,000 employees.
• HealthStream Learning Center is the most widely adopted learning application among U.S. hospitals.
• Includes access to a library of 800+ industry training courses and additional benefits.

Negative

• None.

NASHVILLE, Tenn.--(BUSINESS WIRE)-- HealthStream (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, today announced that its HealthStream Learning Center^® (HLC) application, hStream™ platform, SafetyQ^® compliance program, and HealthStream Video™ application have been selected by Ardent Health Services (“Ardent”) to support their 23,000 employees across 30 hospitals and more than 200 sites of care, enterprise-wide, in a multi-year agreement. HealthStream’s Learning Center application is the most widely adopted learning application among U.S. hospitals and health systems where approximately 400,000 courses and activities are completed every day, on average.

“It’s an honor to have a healthcare organization like Ardent that’s been named for 14 consecutive years by Modern Healthcare as one of the Best Places to Work in Healthcare select HealthStream’s Learning Center and our award-winning SafetyQ program for their workforce,” said Robert A. Frist, Jr., Chief Executive Officer, HealthStream. “They clearly understand the importance of an engaged, educated, and committed workforce in delivering superb patient care. I’m, therefore, very pleased Ardent chose to expand their relationship with HealthStream to support them in this journey.”

Prior to today, Ardent’s first HealthStream solution began with their selection of the American Red Cross Resuscitation Suite™ education program—where they’ve experienced much success. In fact, Ardent’s highly effective resuscitation training was recently recognized with a “2022 Resuscitation Trailblazer Award” by HealthStream at the annual Innovation Council Meeting in Washington, D.C.

“After a lengthy and thorough initiative where we evaluated a wide range of options for a learning management system and safety training programs, we chose HealthStream as the clear frontrunner as we’ve been consistently impressed with their performance, dedication to healthcare, and unique platform benefits—including an integration of multiple solutions that significantly streamlines our work-flows,” said Carolyn Schneider, Chief Human Resources Officer, Ardent.

HealthStream’s software applications—like the HealthStream Learning Center, when coupled with HealthStream’s proprietary hStream platform, yield many unique benefits unavailable from other learning management system providers. Through Ardent’s subscriptions to the hStream platform, the following benefits will be included: a primary source license verification service, MyTeam™ application for managers, a library of 800+ industry-provided product training courses, access to a growing library of learning APIs for interoperability, and specialized purchasing & discount programs, among many other valuable benefits. Moreover, as a member of HealthStream’s network, Ardent will have access to join and participate in the “HealthStream Community,” the nation’s largest online community of healthcare professionals focused on developing and supporting the healthcare workforce.

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 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, 2021, filed on February 28, 2022, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230216005141/en/

Mollie Condra, Ph.D.

HealthStream

(615)-301-3237

mollie.condra@healthstream.com

Source: HealthStream, Inc.

FAQ

What is the recent agreement between HealthStream and Ardent Health Services?

HealthStream has entered into a multi-year agreement with Ardent Health Services to provide workforce solutions for over 23,000 employees across 30 hospitals.

How does HealthStream's Learning Center application benefit hospitals?

HealthStream's Learning Center supports hospitals by providing access to approximately 400,000 courses and activities completed daily, enhancing workforce training and patient care.

What platforms are included in HealthStream's agreement with Ardent?

The agreement includes HealthStream Learning Center, hStream platform, SafetyQ compliance program, and HealthStream Video applications.

What awards has Ardent Health Services received related to HealthStream's solutions?

Ardent's resuscitation training program, utilizing HealthStream's services, was recognized with the 2022 Resuscitation Trailblazer Award.