HealthStream Announces Collaboration with the American Red Cross to Improve Resuscitation Outcomes
December 04 2018 - 9:25AM
Business Wire
In January 2019, the American Red Cross will
launch its new resuscitation suite with HealthStream
HealthStream (NASDAQ: HSTM), a leading provider of workforce and
provider solutions for the healthcare industry, today announced a
new, long-term agreement with the American Red Cross. HealthStream
and the Red Cross will work together to improve resuscitation
outcomes.
As a part of the collaborative relationship, HealthStream has
participated as an inaugural member of the American Red Cross
multi-disciplinary-based “Innovation Council on Resuscitation,”
which holds its next meeting on January 16, 2019 in Washington D.C.
Immediately following this meeting, the Red Cross will launch its
new resuscitation suite with HealthStream.
“According to JAMA Cardiology, the median survival rate after
in-hospital cardiac arrests is 23.8%, with a wide variance among
hospitals,” said David Markenson, MD, Chair of the Red Cross
Scientific Advisory Council, First Aid Task Force member of the
International Liaison Committee on Resuscitation (ILCOR), and
Medical Director at the New York Medical College Center for
Disaster Medicine. “We believe the survival rates should be
higher—across all of the nation’s hospitals and health systems. To
that end, we are collaborating with industry, including
HealthStream, who shares our vision to improve the quality of
healthcare and save lives.”
“The American Red Cross has a long history of making robust
contributions to the global science of resuscitation,” said Robert
A. Frist, Jr., Chief Executive Officer, HealthStream. “Like the
American Red Cross, we are committed to professional development in
healthcare—as we are confident that, together, we can improve
resuscitation outcomes.”
About HealthStream
HealthStream (NASDAQ: HSTM) is dedicated to improving patient
outcomes through the development of healthcare organizations'
greatest asset: their people. Our unified suite of solutions is
contracted by approximately 4.9 million healthcare employees in the
U.S. for workforce development, training & learning management,
talent management, credentialing, privileging, provider enrollment,
performance assessment, and managing simulation-based education
programs. Based in Nashville, Tennessee, HealthStream has
additional offices in Brentwood, Tennessee; Jericho, New York;
Boulder; Colorado; San Diego, California; and Chicago, Illinois.
For more information, visit http://www.healthstream.com or call
800-933-9293.
This press release contains forward-looking statements that
involve risks and uncertainties regarding HealthStream. Investors
are cautioned that such results or events predicted in these
statements may differ materially from actual future events or
results. This information has been included in reliance on the
“safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such results or
events predicted in these statements may differ materially from
actual future events or results. These forward-looking statements
are based on a variety of assumptions that may not be realized, and
which are subject to significant risks and uncertainties, including
that the acquisition may not be consummated and that the
anticipated financial and strategic benefits of the acquisition may
not be realized, as well as risks and uncertainties referenced from
time to time in the Company’s filings with the Securities and
Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20181204005211/en/
Mollie Condra,
Ph.D.HealthStream(615)-301-3237mollie.condra@healthstream.com
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