Revenues up as HealthStream reports earnings

Workforce training and education provider HealthStream released its fourth quarter and 2021 earning reports, showing increased revenues but operating and net losses.

The company, founded in Nashville in 1990 by Bobby Frist and Jeff McLaren, attributed an operating loss of $500,000 (down from operating income of $1.1 million in the fourth quarter of 2020) and a net loss of $400,000 (down from net income of $900,000 in the fourth quarter of 2021) on Frist’s end-of-year gift of more than $2 million in HealthStream shares to employees.