{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-030734","form_type":"8-K","ticker":"HSTM","cik":"0001095565","company_name":"HEALTHSTREAM INC","filed_at":"2025-10-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.779953+00:00","generated_at":"2026-05-17T04:09:06.574446+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"HealthStream acquires Virsys12 for up to $17M to expand payer credentialing","bullets":["HealthStream (HSTM) acquires Virsys12, a healthcare tech firm for payer provider data management and credentialing.","Purchase price up to $17 million in cash; full payment requires earnout achievement.","Virsys12's V12 Enterprise suite serves payers in 9 states; holds HITRUST r2 certification.","Acquisition boosts HealthStream's existing Network by HealthStream offering launched 14 months ago.","Virsys12's API-first platform will integrate with HealthStream's hStream Platform for provider data management."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-030734","json":"https://secwatch.observer/filing/0001437749-25-030734.json","markdown":"https://secwatch.observer/filing/0001437749-25-030734.md","text":"https://secwatch.observer/filing/0001437749-25-030734.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1095565/000143774925030734/0001437749-25-030734-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1095565/000143774925030734/hstm20251009_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:09:06.574446+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}