HealthStream Acquires Rievent Technologies

HealthStream (Nasdaq: HSTM) officially purchased Rievent Technologies on December 1, 2021.

Leveraging its hStream open architecture, HealthStream expands its ecosystem with a powerful continuing education management and delivery application.

Rievent joins the HealthStream!

As you may have heard already, Rievent Technologies has been acquired by HealthStream. HealthStream is dedicated to improving patient outcomes through the development of healthcare organizations’ greatest asset: their people. HealthStream’s unified suite of solutions is contracted by healthcare organizations across the U.S. for workforce development, training & learning management, nurse & staff scheduling, clinical education, credentialing, privileging, provider enrollment, performance assessment, and managing simulation-based education programs.

Through the acquisition, HealthStream gains an innovative, SaaS-based continuing education (CME/CE) management and delivery application, which supports publishers, professional associations, healthcare insurance companies, and healthcare providers. Rievent is highly praised by its customers and is ready to be integrated into HealthStream’s growing ecosystem.

Rievent fulfills an essential need in the management and delivery of CME/CE. In order to maintain and renew an active medical license in the state in which they practice, physicians must meet the exact educational credits and number of CME hours required by that state for their particular area of practice. According to the Federation of State Medical Boards, the number of CME hours required every two years varies from 25 to 100 with an average of about 50. Similarly, continuing education (CE) hours are required for registered nurses (RNs) to maintain licensure, which are, on average, about 30 CE hours every two years. CE hours are also necessary for a variety of other healthcare professionals. Rievent is an application that makes accessing and completing the appropriate CME/CE straightforward for learners, while making the delivery, management, and reporting of CME/CE easy, uncomplicated, and seamless for the “owner” of the CME/CE content and/or the healthcare provider.

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For more details, please refer to the full press release on HealthStream's website