Immunization data company raises $760K

Local immunization data venture MedPass Health has raised $760,000 from its founders and seven angel investors and aims to grow its staff to 20 from today's half dozen over the next year. CEO Hallett Ogburn and his team also have struck a partnership with the University of Alabama Management Information Systems program. Milt Capps has that info and more — including another capital raise — here.

The UA alliance helped MedPass develop its initial platform by drawing on a formalized team of six UA MIS students, who each work 20 hours per week, with guidance from MedPass engineers and oversight by a sponsoring faculty member, Joanne Hale, Ph.D. The UA MIS students are now working on MedPass iOS and Android mobile apps, which are to be available by late Summer.

Mar 25, 2015 12:05 PM

Baird starts HealthStream at neutral

Analysts at Robert W. Baird have launched coverage of HealthStream shares with a 'neutral' rating and a price target of $27. That leaves less than 10 percent of upside from where the shares (Ticker: HSTM) are changing hands today. They're down about 15 percent year to date.

Mar 19, 2015 11:44 AM

HealthStream director cashes in on options

Longtime HealthStream director Tom Dent last week cashed in on some stock options that would have expired in May. Dent, who co-founded PhyCor way back when and now leads three-state clinic operator Urgent Team, exercised 10,000 options at an average price of $3.12 and then sold almost 14,000 shares for more than $25 each. His proceeds from the transactions came to more than $320,000. At about 1:20 p.m. Monday, shares of HealthStream (Ticker: HSTM) were changing hands around $25, down 1.6 percent on the day. So far this year, they're off 15 percent.

Mar 16, 2015 1:27 PM

Analyst action: HealthStream, Delek

Avondale Partners analyst Richard Close says investors should jump at the chance to pick up shares of HealthStream after they took an 11 percent lickin' Thursday (Ticker: HSTM) following the company's Q4 report and issuance of 2015 guidance. That guidance of a drop in net income of about a third will scare off some investors, Close said, but it should turn out to be on the conservative side as the company reaps the rewards of various investments. Sticking to his 'market outperform' target and $33 target, Close told clients Thursday that HealthStream "has built an extremely valuable platform and product additions can help sustain steady growth [...] We would get more aggressive on a meaningful pullback."

Over at Deutsche Bank, analysts Ryan Todd and Igor Grinman are nowhere near as bullish on the prospects of Delek US Holdings. They say the Brentwood-based owner of refineries in East Texas and Arkansas is at a relative disadvantage to some competitors and have trimmed their price target to $37 from $40. Delek (Ticker: DK) closed Thursday trading at $32.95.


Feb 20, 2015 6:47 AM

HealthStream misses on revenue, EPS in line

Implemented subscriber base ends year up 22% from '13
Feb 19, 2015 6:54 AM

HealthStream rolls out online recruiting hub

HealthStream has pulled together various recruiting, tracking and assessment tools that help health care organizations find and hire the talent they want. The HealthStream Recruiting Center features dahsboards and various features to both speed up the hiring process and give employers more peace of mind about the type of people they're bringing in. As with other parts of HealthStream's spectrum of training and education products, it includes modules provided by the company's clients and partners. All the info is here.

Feb 4, 2015 6:47 AM

ICG Ventures leads $5M round in campus communication platform

Bay Area company looks to further develop product, expand reach
Feb 2, 2015 12:58 PM

Ingram Content VC arm invests in learning software company

Money will help refine virtual tutor technology, boost sales and marketing
Jan 29, 2015 7:06 AM

Vital Source moves Raleigh operations to larger office

Ingram company doubles work space; La Vergne office growth could loom
Jan 28, 2015 8:57 AM

HealthStream enters into new credit line

Company grows borrowing capacity by at least $30M
Dec 1, 2014 7:03 AM