HealthStream, Inc. acquired substantially all of the assets from Electronic Education Documentation System, LLC for $7 million.
January 02, 2023
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HealthStream, Inc. (NasdaqGS:HSTM) acquired substantially all of the assets from Electronic Education Documentation System, LLC (eeds) for $7 million on December 31, 2022. Under the terms of the transaction, the purchase price of $7 million was paid in cash, subject to customary post-closing purchase price adjustments. Of the purchase price paid at closing, $0.6 million is being held in escrow for a period of time following the closing. Karl Wilkins Vice President at HealthStream, will assume responsibilities for the management, growth, and future integration of all three applications Rievent Technology, CloudCME, and eeds. All of eeds? employees will join HealthStream.
HealthStream, Inc. (NasdaqGS:HSTM) completed the acquisition of substantially all of the assets from Electronic Education Documentation System, LLC on December 31, 2022. As of July 27, 2023, the purchaser price for approximately $6.6 million in cash, reflecting customary purchase price adjustments made to the purchase price paid of $7 million.
HealthStream, Inc. provides platform-delivered workforce solutions. Its solutions include Software-as-a-Service (SaaS), subscription-based applications used by healthcare organizations to meet a range of their workforce development needs around learning, clinical development, credentialing, and scheduling. Its content libraries allow customers to subscribe to an array of courseware, which includes content from healthcare and nursing associations, medical and healthcare publishers, and other content providers. Its scheduling solutions provide customers with real-time visibility into clinical staff scheduling. Its credentialing, privileging, and enrollment solution, CredentialStream, provides customers a user experience with a continual stream of enhancements, evidence-based content, and curated data, which provides healthcare organizations with tools to support the provider lifecycle management from recruiting, application submission, verification of licensure, and other credentials.
HEALTHSTREAM, INC. 
