M&A
confidence high
sentiment neutral
materiality 0.30
HealthStream acquires Rievent Technologies for $4M in cash
HEALTHSTREAM INC
- Acquired substantially all assets of Rievent, a SaaS-based CME/CE management application, for ~$4.0M in cash.
- Rievent supports publishers, associations, insurers, and providers in managing continuing education for healthcare professionals.
- Integration with HealthStream's hStream platform and hStream ID aims to streamline credentialing and CME/CE tracking.
- Rievent founder Randy Rienerth and team will continue operations as part of HealthStream.
- Expands HealthStream's ecosystem in the continuing education market for physicians and nurses.