EXHIBIT 10.14
HealthStream, Inc. (the “Company”)
Summary of Director and Executive Officer Compensation
I. Director Compensation. Directors who are employees of the Company do not
receive additional compensation for serving as directors of the Company. The
following table sets forth current rates of cash compensation for the Company’s
non-employee directors.

          Retainers and Fees   2010  
Annual Retainer fee
  $ 2,000  
Board meeting fee
  $ 1,000  
Committee chair meeting fee
  $ 1,000  
Committee member meeting fee
  $ 500  

     In addition to the cash compensation set forth above, each non-employee
director receives a nondiscretionary annual grant of a non-qualified option for
the purchase of 10,000 shares of the Company’s common stock. The option is
granted in connection with our Annual Meeting of Shareholders, vests over a two
year period, and has an exercise price equal to the fair market value of the
stock on the grant date.
II. Executive Officer Compensation. The following table sets forth the current
base salaries and the fiscal 2009 performance bonuses provided to our executive
officers, including the individuals who the Company expects to be its Named
Executive Officers for 2010.

                  Executive Officer   Current Salary     Fiscal 2009 Bonus
Amount  
Robert A. Frist, Jr.
  $ 210,000     $ 73,500  
Arthur E. Newman
  $ 210,000     $ 73,500  
J. Edward Pearson
  $ 215,000     $ 75,250  
Kevin P. O’Hara
  $ 200,000     $ 70,000  
Gerard M. Hayden, Jr.
  $ 205,000     $ 71,750  
Jeffrey S. Doster
  $ 205,000     $ 71,750  
Michael Sousa
  $ 185,000     $ -0-  

III. Additional Information. The foregoing information is summary in nature.
Additional information regarding Director and Named Executive Officer
compensation will be contained in our proxy statement for the 2010 Annual
Meeting of Shareholders that we will file with the Securities and Exchange
Commission within 120 days of the end of the fiscal year to which this report
relates.