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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