This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

HealthStream Advances Talent Management Strategy With Acquisition Of Decision Critical

HealthStream, Inc. (NASDAQ: HSTM), a leading provider of learning and research solutions for the healthcare industry, today announced that it has acquired Decision Critical, Inc., an Austin, Texas based company that specializes in learning and competency management products for acute-care hospitals. Through the acquisition, HealthStream adds a patented technology to its suite of innovative software-as-a-service (SaaS) based solutions as well as a customer base committed to advancing the development of their workforce.

“At HealthStream, we are passionate about developing the best possible products and capabilities to measure, manage, and develop hospitals’ workforces,” said Robert A Frist, Jr., chairman and chief executive officer, HealthStream. “Having recently launched the HealthStream Performance Center™ and SimCenter™, we are continuing to add products and capabilities to our innovative talent management suite through the acquisition of Decision Critical.”

Added to HealthStream’s talent management product suite is Critical Portfolio™, a patented electronic portfolio, which is an ideal SaaS based tool to store and view the qualifications, competencies, and skills of the hospital’s workforce, including their licenses, educational records, and credentials. Individual employees can maintain their individual profile, while hospital managers can access and use portfolio data for meeting regulatory reporting requirements or talent management needs such as succession planning and career ladder development. For HealthStream’s customer base, which represents over half of the nation’s acute-care hospitals, we believe Critical Portfolio will be a valuable add-on platform extension to our talent management suite of products.

For hospitals seeking and maintaining the Magnet™ designation, Critical Portfolio provides powerful capabilities. The Magnet Recognition Program® of the American Nurses Credentialing Center (ANCC) formally acknowledges healthcare organizations that epitomize nursing excellence. The extensive application process includes, among many other requirements, a comprehensive reporting of the qualifications and expertise of nursing personnel—including the ability to satisfy specific Magnet-required reporting.

We believe Critical Portfolio will support the approximately 400 current Magnet healthcare organizations—which include 237 that are currently HealthStream customers—that seek to maintain their status through their annual re-designation process, as well as those organizations that choose to initially embark on the prestigious Magnet journey.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs