HealthStream Acquires Virsys12

October 8, 2025

HealthStream (Nasdaq: HSTM) acquired Virsys12, a provider-data-management and credentialing software vendor, to expand its Network by HealthStream credentialing application suite for payers and health plan enterprises. The deal was for up to $17 million in cash (with earnout and post-closing working capital adjustments), and HealthStream will integrate Virsys12's V12 Enterprise application and managed services into its hStream Platform and Professional Services offering.

Buyers
HealthStream
Targets
Virsys12
Industry
Cloud & SaaS
Location
Tennessee, United States
Transaction Type
Buyout

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