» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 35 | NO. 12 | Friday, March 25, 2011




HealthStream increases credit line to $20 million

Print | Front Page | Email this story

NASHVILLE (AP) — HealthStream Inc., which provides Internet-based educational and training content for health care professionals, said Wednesday that it signed an amendment with SunTrust Bank to increase its line of credit to $20 million from $15 million.

The move also extends the availability to July 2012.

"The amendment increases available capital for growth initiatives of the company," said CEO Robert A. Frist Jr. in a statement.

As of Dec. 31, HealthStream had cash balances of about $23.6 million and as of March 30 had no balances outstanding under its $20 million line of credit.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0