"Reform seems to be good for hospitals, and what's good for our customers we think is probably good for us."

That was HealthStream CEO Bobby Frist Jr.'s response to the health care industry's question du jour — how will health care reform impact your business — on his company's first quarter earnings call this morning. The health care learning and research business grew revenue by 9 percent in Q1, and Frist said the company's top line could continue to grow as hospitals feel the impact of the Patient Protection and Affordable Care Act. The idea is, if hospital patient volumes increase, they may add more staff, and that could mean more subscribers to HealthStream's products.

The company's stock (Ticker: HSTM) was trading slightly higher Tuesday morning.