HealthStream (Nasdaq: HSTM), a leading healthcare technology platform for workforce solutions, announces that it has acquired two leading clinical rotation management businesses: Total Clinical Placement System (“TCPS”) and The Clinical Hub, Inc. HealthStream acquired substantially all of the assets of Total Clinical Placement System (TCPS) from Cyber Healthcare Solutions, LLC for up to $1.65 million in cash (the full payment of which will require earnout achievement), subject to customary post-closing price adjustments. HealthStream acquired substantially all of the assets of The Clinical Hub, Inc. for up to $600,000 in cash (the full payment of which will require earnout achievement), subject to customary post-closing price adjustments.
Read the full article: HealthStream Completes Two Strategic Acquisitions, Expanding Its Clinical Rotations Offering for Students, Schools, and Healthcare Organizations //
Source: https://www.businesswire.com/news/home/20241105570396/en/HealthStream-Completes-Two-Strategic-Acquisitions-Expanding-its-Clinical-Rotations-Offering-for-Students-Schools-and-Healthcare-Organizations