Partnership between HealthStream and Quorum Health Resources

Sep 23 2009

HealthStream, Inc. (NASDAQ: HSTM), a leading provider of learning and research solutions for the healthcare industry, and Quorum Health Resources (QHR), the nation’s largest hospital management company and one of the top 10 healthcare consulting firms in the United States, announced today a partnership that enables both HealthStream and QHR to deliver a wider range of best-in-class solutions to the hospital market. Through the new partnership, QHR will be able to offer hospital clients industry-leading learning and research solutions from HealthStream while, concurrently, HealthStream will be able to offer hospital clients QHR’s proven consulting and innovative education and training solutions.

“The QHR – HealthStream partnership is a win-win situation all around, resulting in comprehensive, best-in-class education and operational support solutions for the hospital industry, including those hospitals already being served by each company,” said QHR president and chief executive officer, James L. Horrar. “HealthStream boasts the industry’s leading learning platform used by healthcare organizations, a powerful competency management solution, a top-quality catalog of educational courses, and a highly respected research division.”

“QHR clients can access HealthStream’s learning solutions, competency management system, and research services – not to mention seemingly countless new course offerings,” said Mr. Horrar. “For HealthStream clients, the partnership means access to QHR’s Learning Institute programs and QHR consulting services, which focus on addressing the financial, operational, and strategic challenges to drive overall hospital performance.”

“Quorum Health Resources is one of the industry’s top hospital management and consulting companies, implementing solutions that yield measurable results for clients across the country every day. We are excited to work collaboratively with them in our new partnership,” said Robert A. Frist, Jr., president and chief executive officer, HealthStream. “Our respective products and solutions are highly complementary—and, in turn, this partnership will undoubtedly benefit healthcare organizations and, ultimately, the care they provide to patients.”