HealthStream (HSTM) Declares $1.00 Special Dividend; 4.5% Yield
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HealthStream (HSTM) Sells Patient Experience Unit for $65.5M, Declares $1 Special Dividend
February 12, 2018 4:18 PM ESTHealthStream (NASDAQ: HSTM) today announced the divestiture of its Patient Experience (PX) business to Press Ganey Associates for $65.5 million in cash.
The outstanding solutions and service our PX employees have provided to customers over the years have been noticed by many in the industry, said Robert A. Frist, Jr., Chief Executive Officer, HealthStream. Their commitment to our vision to improve the quality of healthcare ensured that the voice of the patient was heard. We are grateful for their contributions to HealthStream and the industry.
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