HealthStream Inc

Humana's Medicaid managed care plan, Humana Healthy Horizons, is teaming up with HealthStream in Indiana to strengthen the state's home-care workforce. Under the initiative, Humana is sponsoring 1,000 Home Health Aide scholarships to help remove financial barriers for people entering the caregiving field. The program uses HealthStream's Career Network to reach rural and underserved communities, and Humana is also deploying HealthStream's CoachUp Care platform, predictive analytics and training tools to help providers recruit and retain caregivers. The collaboration targets high caregiver turnover, as home-care providers have an average annual turnover rate of 77%, while Humana says trained home-care aides are more than twice as likely to remain employed after three months and 64% more likely to stay after six months than workers without comparable training. Early results show 81% of participating providers achieving above-average caregiver retention, with providers that improved retention reporting an average 43% increase.

HealthStream reported record second-quarter results, with revenue rising 12.5% year over year to $83.7 million and adjusted EBITDA increasing 16.9% to a record $20.6 million. The company raised its full-year 2026 revenue guidance to a range of $327 million to $332 million and adjusted EBITDA guidance to $74 million to $78 million, while lowering its net-income outlook as it increases spending on career networks, product development, and the hStream platform. Growth was driven by core subscription products, recent acquisitions, and a nonrecurring $2 million revenue catch-up payment from a contingent-fee contract acquired in the 2020 ANSOS deal. HealthStream ended the quarter with $66.7 million in cash and investments, no long-term debt, and strong operating cash flow. Management said a recently disclosed cybersecurity incident has not disrupted operations or compromised customer-facing systems, though the investigation remains ongoing.