HealthStream Acquires MissionCare Collective for Up to $40M
HealthStream announced that it has acquired MissionCare Collective LLC, a healthcare workforce company that includes the largest caregiver network in the U.S. as providers, caregivers, and payors benefit from its portfolio of technology-based tools that help to recruit, engage, and retain the healthcare workforce and improve care delivery. "We built MissionCare Collective to help change the culture of care," said Brandi Kurtyka, Co-Founder and CEO of MissionCare Collective. "By joining HealthStream, we can extend that vision to reach more caregivers, clinicians, and healthcare organizations-helping the industry to recruit, engage, and retain their workforce while advancing our shared commitment to improve the quality of healthcare by investing in the people who deliver it." HealthStream acquired the outstanding equity of MissionCare Collective for a purchase price of up to $40M, consisting of (i) a closing cash payment of $26M, (ii) approximately $4M in shares of HealthStream common stock issued at closing through a private placement, and (iii) up to $10M of cash earnout payments subject to achievement of agreed upon targets over the next three years.
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- Oversold Stocks Overview: The healthcare sector's oversold stocks present investors with opportunities to buy undervalued companies, particularly those with a Relative Strength Index (RSI) below 30, indicating potential short-term rebounds.
- Schrödinger Inc Performance: Schrödinger (NASDAQ:SDGR) has seen its stock price fall approximately 28% over the past month, currently holding an RSI of 29.9 and a 52-week low of $11.15, although shares rose 1.6% to $11.81 on Wednesday, indicating some rebound potential.
- Edge Stock Ratings: With a momentum score of 2.78, Schrödinger's performance is relatively weak in the market, yet its oversold status may attract investor interest, especially during market recoveries.
- Industry Dynamics Analysis: As the healthcare sector experiences volatility, investors should focus on the potential rebound opportunities of oversold stocks, particularly those with RSIs near or below 30, to capitalize on gains when the market stabilizes.
- Earnings Release Schedule: HealthStream will release its financial results for Q4 and full-year 2025 after market close on February 23, 2026, indicating ongoing growth in the healthcare technology platform sector.
- Conference Call Timing: The earnings call is scheduled for February 24, 2026, at 9:00 a.m. Eastern Time, aimed at sharing financial performance and future outlook with investors.
- Participation Method: Investors can join the call via webcast or telephone, requiring advance registration to obtain dial-in details, reflecting the company's commitment to transparency and investor relations.
- Replay Archive: A replay of the call and webcast will be archived on the company's website for at least 30 days post-event, enhancing accessibility for investors who cannot attend live, thereby improving information dissemination.
- Acquisition Expansion: HealthStream's acquisition of MissionCare Collective for up to $40 million enhances its competitive edge in healthcare workforce solutions, particularly in recruiting and retaining non-medical caregivers.
- Market Demand: MissionCare's myCNAjobs.com platform currently connects 5.2 million caregivers, addressing the growing demand for home care in the U.S., with the 65+ population projected to reach 20.6% by 2030.
- Technology Integration: This acquisition integrates MissionCare's technological tools with HealthStream's hStream platform, enhancing support and professional development opportunities for caregivers, thereby strengthening the company's service capabilities.
- Industry Challenge Response: With staffing identified as the biggest challenge in home care by 2025, this acquisition positions HealthStream to better address this issue, potentially increasing market share and customer satisfaction.
- Employee Incentive Program: HealthStream CEO Robert A. Frist, Jr. donated approximately $3.5 million in personal stock to grant 146,286 shares to over 700 employees with at least three years of service, aiming to enhance employee engagement and morale.
- No Dilution Impact: The stock grant will not dilute existing shareholders' equity, except for Frist's personal shares, ensuring that shareholder interests remain intact while fostering a sense of ownership among employees.
- Financial Impact: The company will record approximately $3.5 million in compensation expenses and $275,000 in administrative costs in Q4 2025, leading to a decrease in operating income by $3.775 million, net income by $2.955 million, and a diluted EPS impact of $0.10.
- Strategic Significance: Frist emphasized that this stock contribution not only recognizes employee efforts but also aims to improve overall company performance by enhancing employee engagement, reflecting the company's commitment to valuing its workforce.
- Employee Incentive Program: HealthStream CEO Robert A. Frist, Jr. has donated approximately $3.5 million in personal stock, distributing 146,286 shares to over 700 employees with at least three years of service, aiming to enhance employee engagement and loyalty.
- No Dilution Impact: The stock grant will not dilute existing shareholders, except for Frist's personal shares, ensuring that shareholder interests remain intact while simultaneously boosting employee morale and sense of belonging.
- Financial Impact: This transaction is expected to reduce operating income by approximately $3.775 million, net income by $2.955 million, and earnings per share by $0.10 in Q4 2025, reflecting the accounting treatment of the stock contribution on financial statements.
- Strategic Significance: Frist emphasized recognizing employee efforts through shared ownership, aiming to enhance overall company performance by fostering a more engaged workforce, thereby driving HealthStream's long-term success in the healthcare industry.
Share Repurchase Program: HealthStream's Board of Directors has approved a $10 million share repurchase program, which will end on February 26, 2026, or when the maximum amount is spent.
Company Overview: HealthStream is a healthcare technology platform that offers Software-as-a-Service (SaaS) applications for healthcare organizations in the United States.









