HealthStream has been in acquisition mode in recent years, and has just announced another move.

HealthStream has paid $48 million to buy Morrisey Associates, which offers Web-based provider credentialing software that operates from onboarding through reappointment by automating online applications, primary source verifications, contract and network management, credentialing packet reviews and peer reviews. The price represents about four times revenue for Morrisey in 2015.

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