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April 8, 2014
07:00 EDTHSTMICD-10 delay a slight postiive for Healthstream, says William Blair
William Blair notes that last week, legislation delayed the transition to the ICD-10 coding system for one year, to October 1, 2015. The firm says HealthStream's revenue from ICD-10 content was 13% of sales in Q4, up from 5% in the prior-year period. William Blair says that while some investors are concerned the ICD-10 delay will have a negative impact on 2014 sales, it believes the delay is a slight positive for Healthstream. It keeps an Outperform rating on the stock.
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