NASHVILLE, Tenn.--(BUSINESS WIRE)--
HealthStream, Inc. (NASDAQ: HSTM), a leading provider of workforce,
patient experience, and provider solutions for the healthcare industry,
today announced changes to the Company's management team.
Jeff Cunningham joins HealthStream as SVP & Chief Technology Officer;
Jeff Doster appointed SVP & Chief Information Officer;
Tom Schultz, SVP, Sales, to leave the Company to pursue other
Scott Fenstermacher promoted to VP & Head of Sales.
"The U.S. healthcare industry continues to make HealthStream the
preeminent source for workforce development with its strong embrace of
our platform applications and wide variety of clinical, business, and
compliance solutions," said Robert A. Frist, Jr., Chief Executive
Officer, HealthStream. "To support the Company's growth, we are
expanding our technology leadership within the management team as we
also promote an executive to lead our sales organization."
Jeff Cunningham will join HealthStream on July 17th as
Senior Vice President (SVP) and Chief Technology Officer (CTO). As CTO,
Jeff will assume executive oversight of the Company's core technology
platform and all of the development teams involving our products and
solutions. He will become the Company's top technical evangelist,
connecting customers and stakeholders to where the industry is going—and
showing them that HealthStream is the best choice to take them there.
Prior to HealthStream, Jeff was a founder and served as CTO & Chief
Strategy Officer for Informatics Corporation of America (ICA), one of
the leading Health Information Exchange solution providers in the U.S.,
where he successfully led the design, development, and delivery of their
national scale healthcare interoperability platform and related eHealth
solutions. Previous to ICA, Jeff served as CTO for Medibuy/GHX and as a
Partner in Computer Sciences Corporation's eBusiness consulting
practice. Across his 20+ years in technology leadership, Jeff has
successfully designed and delivered a wide variety of large scale,
highly interoperable, data intensive, and intelligence-driven solutions.
Additionally, Jeff has served in a number of industry leadership roles
supporting the advancement of healthcare technology including the
national eHealth Exchange network and the Carequality interoperability
Jeff's proven success in building healthcare technology solutions that
combine advanced service-based architectures, big-data analytics, and
ecosystem-wide interoperability will help HealthStream to further its
leadership in healthcare workforce solutions and provide a catalyst for
establishing an industry-wide platform that brings together customers
and business partners across the healthcare landscape.
Jeff Doster, the Company's current SVP & CTO, will transition to
SVP & Chief Information Officer (CIO), a new role at HealthStream. With
nine years of tenure at HealthStream, Jeff will now serve as
HealthStream's top technology infrastructure executive, focusing on
security, IT operations, and support services. His priorities will be on
ensuring optimal cybersecurity, overseeing all management information
systems (MIS) and customer relationship management (CRM) systems,
streamlining business processes with technology, and collaborating with
vendors that supply us with necessary infrastructure solutions. As CIO,
Jeff's managerial oversight will extend to include the Company's project
management office (PMO) and customer-facing application support for our
4.6 million subscribers, which includes implementations, customer
support, and professional services, among others.
Tom Schultz, Senior Vice President, Sales, has resigned from the
Company to pursue other opportunities. "Tom has served HealthStream
extraordinarily well over the last three years as SVP, Sales and we are
grateful for his contributions to the Company," said Robert A. Frist,
Jr., Chief Executive Officer, HealthStream. "We wish him the best in his
career as he moves forward to new opportunities."
To lead our sales organization, Scott Fenstermacher, currently
serving as Vice President, Solution Sales, has been promoted to Vice
President & Head of Sales. Since joining HealthStream in early 2012,
Scott's sales leadership has progressively grown to include many of the
Company's core solution areas, such as compliance, revenue cycle,
patient experience, and clinical products—where he has excelled in each.
Prior to HealthStream, Scott served as Director, Business Development &
Licensing at Lippincott Williams & Wilkins, a major division of Wolters
Kluwer Health, a global healthcare publisher. As a dynamic, successful
industry veteran in sales of healthcare workforce solutions—both at and
prior to HealthStream, Scott brings superb skills and proven leadership
to build upon the momentum we have experienced in the marketplace.
"Jeff Cunningham brings outstanding experience and technology leadership
to our executive team—and he is joining our Company at a great time as
we work to develop and launch disruptive technologies to support
healthcare professionals improve healthcare delivery," said Robert A.
Frist, Jr., Chief Executive Officer. "Jeff Doster's and Scott
Fenstermacher's new positions of CIO and VP & Head of Sales,
respectively, underscore our continued commitment to develop our highly
skilled leaders. We are excited to have both Scott and Jeff step up to
their expanded leadership roles for the Company."
HealthStream (NASDAQ: HSTM) is dedicated to improving patient outcomes
through the development of healthcare organizations' greatest asset:
their people. Our unified suite of solutions is contracted by,
collectively, approximately 4.6 million healthcare employees in the U.S.
for workforce development, training & learning management, talent
management, credentialing, privileging, provider enrollment, performance
assessment, and managing simulation-based education programs. Our
research solutions provide valuable insight to healthcare providers to
meet HCAHPS requirements, improve the patient experience, engage their
workforce, and enhance physician alignment. Based in Nashville,
Tennessee, HealthStream has additional offices in Brentwood, Tennessee;
Jericho, New York; Boulder; Colorado; Chicago, Illinois; and San Diego,
California. For more information, visit http://www.healthstream.com
or call 800-933-9293.
This press release includes certain forward-looking statements
(statements other than solely with respect to historical fact),
including statements regarding expectations for the financial
performance for 2017, that involve risks and uncertainties regarding
HealthStream. These statements are based upon management's beliefs, as
well as assumptions made by and data currently available to management.
This information has been, or in the future may be, included in reliance
on the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995. The Company cautions that forward-looking statements
involve known and unknown risks, uncertainties, and other factors that
may cause the actual results, performance, or achievements to be
materially different from future results, performance, or achievements
expressed or implied by the forward-looking statements, including,
without limitation, as the result of risks referenced in the
Company's Annual Report on Form 10-K and in the Company's other filings
with the Securities and Exchange Commission. Consequently, such
forward-looking information should not be regarded as a representation
or warranty or statement by the Company that such projections will be
realized. Many of the factors that will determine the Company's future
results are beyond the ability of the Company to control or predict.
Readers should not place undue reliance on forward-looking statements,
which reflect management's views only as of the date hereof. The Company
undertakes no obligation to update or revise any such forward-looking
View source version on businesswire.com: http://www.businesswire.com/news/home/20170711005387/en/
Mollie Condra, Ph.D., 615-301-3237
President, Investor Relations & Communications
Source: HealthStream, Inc.
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