Matthew Hewitt

Richard Close

Vincent Colicchio

Constantine Davides

Jared Haase

John Pinney

Ryan Daniels

Stephanie Davis

- **HealthStream (HSTM)** has acquired **Virsys12**, a healthcare technology company specializing in provider data management solutions for payers and health plans.  **[1095565_d0053a0ecf4c47978b5b9a71bf0fbf10_0]** 
- This acquisition expands HealthStream's existing credentialing application solution, **Network by HealthStream™**, enhancing its capabilities to serve payers throughout the healthcare industry.  **[1095565_d0053a0ecf4c47978b5b9a71bf0fbf10_0]** **[1095565_d0053a0ecf4c47978b5b9a71bf0fbf10_1]** 
- HealthStream purchased Virsys12 for up to **$17 million in cash**, with the full payment contingent on earnout achievement and subject to a post-closing working capital adjustment.  **[1095565_d0053a0ecf4c47978b5b9a71bf0fbf10_1]**

HEALTHSTREAM (HSTM)