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HealthStream Announces Fourth Quarter & Full-year 2020 Results

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HealthStream, Inc. (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, announced today results for the fourth quarter and full year ended December 31, 2020. In this earnings release, results are presented for continuing operations only, unless otherwise indicated, as our results for the fourth quarter and full-year 2019 reflect a gain on the sale of our previously divested Patient Experience (PX) business included in discontinued operations.
Fourth Quarter 2020
Revenues of $61.8 million, down 1% from $62.7 million in the fourth quarter of 2019
Operating income of $1.1 million, down 66% from $3.3 million in the fourth quarter of 2019, which comparison was negatively impacted in the amount of $3.0 million by operating losses associated with the four companies we acquired during 2020 (driven in part by deferred revenue write-downs), along wi ....

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Healthcare Mergers & Acquisitions | M&A Activity

What You Should Know: - Digital health company Sharecare and special purpose acquisition company (SPAC), Falcon Capital Acquisition Corp, today announced an agreement to merge to go public on the NASDAQ under the ticker symbol SHCR at enterprise value of $3.9B. - The transaction is expected to be funded through a combination of Falcon s $345 million of cash in trust (assuming no redemptions) supported by a $425 million fully committed PIPE at $10.00 per share and the Anthem ....

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HealthStream Acquires ComplyALIGN

Press release content from Business Wire. The AP news staff was not involved in its creation.
HealthStream Acquires ComplyALIGN
NASHVILLE, Tenn. (BUSINESS WIRE) Jan 19, 2021
HealthStream (Nasdaq: HSTM), a leading provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired ComplyALIGN (incorporated as ProcessDATA, Ltd.), a Chicago-based healthcare technology company. Through the acquisition, HealthStream gains an innovative, SaaS-based policy management system for healthcare organizations that is deployed and highly praised by its customers. ComplyALIGN’s products are used by over 200 healthcare facilities, including over 150 hospitals. ComplyALIGN also does business as HospitalPORTAL, which focuses on hospital intranet solutions that integrate with ComplyALIGN’s policy management system. ....

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HealthStream buys Chicago-based ComplyALIGN - Nashville Business Journal

HealthStream buys Chicago-based ComplyALIGN - Nashville Business Journal
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