NASHVILLE, Tenn.--(BUSINESS WIRE)--
HealthStream (NASDAQ: HSTM), a leading provider of learning and research
solutions for the healthcare industry, announced today that it has
signed an agreement with Nursing Registry Consultants Corporation (doing
business as "NurseCompetency") to be the exclusive distributor of
NurseCompetency's innovative software-as-a-service (SaaS) based
competency exams and skills checklists to hospitals and health networks
in the U.S. These products expand HealthStream's talent management suite
of products with solutions for testing and documenting nurses' clinical
competencies.
As hospitals shift to a model focused on performance-based outcomes to
improve care, the need to measure the clinical competencies of their
workforce becomes paramount. Through NurseCompetency, HealthStream will
offer over 75 valid and evidence-based exams that cover a wide range of
clinical competencies required for nurses in hospitals, including the
areas of critical care, psychiatric nursing, palliative care, magnetic
resonance imaging, respiratory therapy, among many others. The library
of clinical exams will be expanded as HealthStream assists
NurseCompetency in the development of new testing materials.
"The clinical exams from NurseCompetency play a key role for healthcare
organizations' talent management programs—as they are used to measure
and ensure that clinical personnel are knowledgeable and competent to
perform the tasks associated with their respective positions," said
Elease Caracci, vice president, NurseCompetency. "The high level of
authority among our subject matter experts consulted and the rigor in
exam development both contribute to make NurseCompetency's clinical
exams among the best available anywhere for assessing competencies."
Along with clinical competency exams, over 55 clinical skills checklists
will be offered through HealthStream, covering a wide range of
professional specialties. These self-assessments allow nurses to
consider the skills required for successful job performance and
correspondingly track their progress. Some of the areas where skills
checklists are provided include endoscopy, oncology, magnetic resonance
imaging, mammography, hospice, among many others.
As nurses comprise the largest single component of hospital staff, the
competency of nurses factors heavily into the overall competency of care
provided to patients. It is, therefore, critically important to measure
nurse competencies with highly effective exams and checklists that are
designed for this purpose.
HealthStream will immediately provide NurseCompetency's clinical exams
and skills checklists for nurses as stand-alone products, while future
plans include offering them as an integrated solution through
HealthStream's platform. "We look forward to offering NurseCompetency's
outstanding products; they add an important component to our overall
talent management strategy for hospitals and healthcare networks," said
Robert A. Frist, Jr., chairman and chief executive officer, HealthStream.
About HealthStream
HealthStream (NASDAQ: HSTM) is dedicated to improving patient outcomes
through the development of healthcare organizations' greatest asset:
their people. Our unified suite of software-as-a-service (SaaS)
solutions have been contracted by, collectively, over 2.9 million
healthcare employees in the U.S. for training & learning management,
talent management, performance assessment, and managing simulation-based
education programs. Our research solutions provide valuable insight to
healthcare providers to meet HCAHPS requirements, engage their
workforce, and enhance physician alignment. Based in Nashville,
Tennessee, HealthStream has an additional office in Laurel, Maryland.
For more information, visit http://www.healthstream.com
or call 800-933-9293.
This press release contains forward-looking statements that involve
risks and uncertainties regarding HealthStream. Investors are
cautioned that such results or events predicted in these statements may
differ materially from actual future events or results. 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. Investors are cautioned that such results or events predicted in
these statements may differ materially from actual future events or
results. The Company's preliminary financial results, while
presented with numerical specificity, are forward-looking statements
which are based on a variety of assumptions regarding the Company's
operating performance that may not be realized, and which are subject to
significant uncertainties and potential contingencies associated with
the Company's financial and accounting procedures and other matters
referenced from time to time in the Company's filings with the
Securities and Exchange Commission. Consequently, such forward-looking
information should not be regarded as a representation or warranty by
the Company that such projections will be realized.
HealthStream
Mollie Condra, 615-301-3237
mollie.condra@healthstream.com
Source: HealthStream
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