NASHVILLE, Tenn.--(BUSINESS WIRE)--HealthStream, Inc. (NASDAQ: HSTM), a leading provider of workforce, patient experience, and provider solutions for the healthcare industry, today announced that it has entered into a strategic partnership with EBSCO Health to offer a unique Clinical Skills Development Program, delivering innovative clinical competency solutions that meet a wide range of clinical staff development needs. EBSCO Health is a leading provider of evidence-based clinical information, healthcare business intelligence, and peer-reviewed medical research tools for the healthcare community. Together, HealthStream and EBSCO Health will deliver its evidence-based skills and procedures content through HealthStream’s mobile-ready platform and via EBSCO Health’s native app, the Nursing Reference Center™ Plus, also known as Clinical Skills Center™ and Clinical Decision Support™. To minimize time to decision, Nursing Reference Center Plus is fully integrated with EMRs.
HealthStream and EBSCO Health’s new Clinical Skills Development Program can be used for learning and professional development, as well as for reference purposes. This partnership fulfills the dual needs of point-of-care access and professional development which has become increasingly important for healthcare organizations. The more comprehensive approach of the Clinical Skills Development Program ensures that the development of clinical skills are aligned to key organizational initiatives and available to frontline staff when and where they need it.
Robert A. Frist, Jr., Chairman, President, and Chief Executive Officer, HealthStream, commented, “Improving healthcare will always start with those delivering the care—and that’s why HealthStream and EBSCO Health are 100% committed to supporting healthcare professionals with the most advanced, innovative, and accessible clinical knowledge and skills training available anywhere. In fact, with EBSCO Health’s clinical expertise and our expansive network and robust technology, we are creating a new vision for improving clinical competencies—one that expedites learning in the multiple modalities required by outcomes-focused healthcare organizations.”
As part of the new program, EBSCO’s clinical skills will also be built into HealthStream’s Checklist Management™ application to conveniently provide the means to validate and document skills acquisition in one central place, providing an automated audit trail for ease of organizational reporting. Introduced last year, hundreds of thousands of healthcare professionals currently subscribe and routinely use Checklist Management within their respective healthcare organizations. More than ever, supporting the accumulation of knowledge, development of skills, and ultimate validation of competency outcomes is essential to providing quality patient care, as well as meeting regulatory and accreditation standards. The Joint Commission requires initial and ongoing competency assessment and documentation on elements of performance.
EBSCO’s Clinical Skills Center and Decision Support resources include more than 1,400 standardized skills and procedures across 50+ clinical specialties, and over 17,000 evidence-based entries that cover a wide range of clinical topics, as well as over 8,000 patient-teaching handouts that can facilitate caregiver-patient communication. The superior quality of EBSCO Health’s evidence-based clinical content has been widely recognized in the healthcare industry, awarded by KLAS as having the “highest overall performance,” according to their report, Clinical Decision Support 2013: Sizing up the Competition.
“We are excited to provide EBSCO Health’s premium, unbiased and evidence-based content to clinical staff through HealthStream’s platform, the most widely adopted platform for workforce development in healthcare, which is used by over 4.5 million healthcare professionals with over 40 percent of them working as nurses” said Betsy Jones, Senior Vice President of EBSCO Health. “Together, EBSCO Health and HealthStream are offering healthcare professionals the best possible educational solutions to ensure a competent and skilled clinical workforce, while also delivering the best evidence-based point-of care-solution, which is—as we all know—the key to quality patient care and improved outcomes.”
To learn more about HealthStream’s Clinical Competency Solutions, go to www.healthstream.com.
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 solutions is contracted by, collectively, approximately 4.5 million healthcare employees in the U.S. for workforce development, 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, improve the patient experience, engage their workforce, and enhance physician alignment. Our provider solutions offer healthcare providers innovative tools to support healthcare organizations in appropriately credentialing and privileging their workforce. Based in Nashville, Tennessee, HealthStream has additional offices in Laurel, Maryland; Brentwood, Tennessee; Pensacola, Florida; Jericho, New York; Boulder; Colorado; and San Diego, California. For more information, visit http://www.healthstream.com or call 800-933-9293.
About EBSCO Health
EBSCO Health, part of EBSCO Information Services, is a leading provider of clinical decision support solutions, healthcare business intelligence, and medical research information for the healthcare industry. EBSCO Health users include professionals in medicine, nursing, and allied health. Flagship products include CINAHL®, DynaMed Plus®, Nursing Reference Center™, clinical e-books and e-journals, EBSCO Discovery Service™, licensed databases (such as MEDLINE®), plus EBSCONET®. EBSCO databases are powered by EBSCOhost®, the electronic resource favored by libraries around the world.
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.
