security

HealthStream prices its July cyber incident at $250,000 after insurance recoveries

By Tomas LindqvistPublished November 3, 20264 min read
A locked steel server cabinet stands in a dim, empty server-room corridor.
A secured server cabinet evokes the infrastructure behind HealthStream’s disclosed cyber-incident costs. Illustration: MarketIntelLabs

HealthStream put a price on its summer cyber event. The Nashville healthcare technology company filed third quarter results on November 2, and buried inside the earnings release was the first dollar figure attached to the cybersecurity incident it disclosed on July 29: approximately $250,000 of expense incurred during the third quarter, after giving effect to related insurance recoveries.

The number matters more for what it says than for its size. HealthStream is a small-cap healthcare software issuer, and the market gave the quarter a pass. HSTM closed at $34.58 on November 2, up about 2.6% from the $33.70 close on October 30, as the company raised its full year guidance and declared a quart…

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HealthStream Cyber Incident Cost: $250,000 After Insurance | MarketIntelLabs