HealthStream Acquires HealthLine Systems

February 13, 2015

HealthStream (NASDAQ: HSTM) agreed to acquire San Diego-based HealthLine Systems, Inc. for approximately $88 million in cash. The deal expands HealthStream’s healthcare-focused SaaS offerings by adding HealthLine’s credentialing, privileging, and provider enrollment solutions (including the Echo product) and will be combined with HealthStream’s SyMed business to form an expanded credentialing and provider data management business.

Buyers
HealthStream, Inc.
Targets
HealthLine Systems, Inc.
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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