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Biotech / Medical : HealthStream (HSTM)
HSTM 19.42-3.3%May 23 3:59 PM EDT

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From: JakeStraw8/29/2006 9:44:43 AM
   of 21
HealthStream to Deliver Online Learning Solution to Cedars Sinai Medical Center
Tuesday August 29, 9:25 am ET

NASHVILLE, Tenn.--(BUSINESS WIRE)--Aug. 29, 2006--HealthStream, Inc. (NASDAQ: HSTM), a leading provider of learning solutions for the healthcare industry, today announced that it has been selected by Cedars Sinai Medical Center to provide learning solutions to its employees, with a five-year contract signed by both parties. The HealthStream Learning Center(TM), HealthStream's online learning platform, is expected to be rolled out during the fourth quarter of this year to Cedars Sinai's approximately 5,000 employees who comprise their core clinical staff. HealthStream's Authoring Center(TM) will also be provided, empowering Cedars Sinai managers to author online courses.

According to the new agreement, HealthStream's Internet-based HealthStream Learning Center will be used by Cedars Sinai's employees to meet regulatory training requirements as mandated by the Occupational Safety & Health Administration (OSHA) and the Joint Commission on Accreditation of Healthcare Organizations (JCAHO). With the convenience and accessibility of online learning, HealthStream's regulatory courses cover a wide range of topics, including Pain Management, General Safety, and Emergency Preparedness. Cedars Sinai will also incorporate HealthStream's Patient Safety Course Library into their training program, which includes, for example, courses on Medication Safety, Preventing Patient Falls, and Ventilator Safety.

"Cedars Sinai's firm commitment to quality education and training of our clinical staff is reflected in our decision to use the HealthStream Learning Center," said Robert Messerly RN, Clinical Informatics Coordinator, Cedars Sinai Medical Center. "With Internet-based learning that addresses the specialized educational needs in healthcare--including patient safety--HealthStream will assist us in more efficiently meeting accreditation and compliance requirements."

As the first hospital in California to earn the prestigious Magnet designation, Cedars Sinai Medical Center is one of the largest nonprofit academic medical centers in the Western United States. Ranked among the top 10 non-university hospitals in the nation for its research activities, Cedars Sinai is internationally renowned for its broad spectrum of programs and services as well as breakthroughs in biomedical research and medical education.

"As a world-class healthcare organization, Cedars Sinai's decision to partner with HealthStream further validates our commitment to provide superior learning solutions exclusively for healthcare professionals," commented Robert A. Frist, Jr., chief executive officer, HealthStream. "We look forward to supporting their high level of education excellence through our new partnership."
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