James P. Aylward

Chairman, President, Chief Executive Officer
Sy.Med Development, Inc.

Mr. Aylward is Chairman, President, and Chief Executive Officer of Sy.Med Development. He joined Sy.Med in February of 1997 and was named President and Chief Executive Officer in May of 1997. Under his leadership, Sy.Med has won numerous business achievement awards and became an MGMA AdminiServe Partner and a Microsoft® Gold Certified Partner. Prior to joining Sy.Med, Mr. Aylward held sales and marketing management positions with three Tennessee HMOs: Complete Health, HealthWise of America and American Medical Security. He was an integral part of the senior management startup team at each of these companies, and was responsible for growing the health plan membership from zero members to tens of thousands of members in two years. United HealthCare acquired both Complete Health and HealthWise of America. After earning his Bachelor of Science degree from Bradley University in Peoria, Illinois, Mr. Aylward began his business career at Caterpillar Financial Services Corporation. Over a seven year period, he held various positions, including Territory Manager, and was responsible for all sales and marketing activities in Alabama, Kentucky and Tennessee.

Fred C. Goad, Jr.

Partner
Voyent Partners, LLC

Since August 2001, Mr. Goad has been a member in Voyent Partners, L.L.C., a private investment company based in Brentwood, Tennessee. From June 2000 through March 2001, Mr. Goad served as Co-Chief Executive Officer of the transaction services division of WebMD Corporation (Ticker: HLTH), a provider of health care transaction, information and technology services. From March 1999 through May 2000, Mr. Goad served as Senior Advisor to the Office of the President of the transaction services division of Quintiles Transnational Corp. (Ticker: QTRN), a provider of services to the pharmaceutical, biotechnology and medical device industries. Mr. Goad served as Co-Chief Executive Officer and Chairman of Envoy Corporation, a provider of electronic transaction processing services for the health care industry, from June 1996 until Envoy was acquired by Quintiles in March 1999. From 1985 to June 1996, Mr. Goad served as President and Chief Executive Officer and as a director of Envoy Corporation.

Mr. Goad also serves on the Boards of Directors of Performance Food Group Company (Ticker: PFGC), Vanderbilt Children’s Hospital and several private companies. He was also a founding member of the Nashville Healthcare Council. Mr. Goad received a B.S. Degree from the University of Virginia.

Thomas H. Stearns, FACMPE

Vice President of Medical Practice Services
State Volunteer Mutual Insurance Company

Mr. Stearns has had over 30 years experience as a Medical Management Executive. He is currently Vice President of Medical Practice Services with State Volunteer Mutual Insurance Corporation in Brentwood, Tennessee. He is a current member of the Board of Directors, a Fellow, and a Past Chairman of the Examinations Committee for the American College of Medical Practice Executives (ACMPE). Mr. Stearns is also very active with the Medical Group Management Association (MGMA) and has been Finance/Audit Chairman, Member of Board of Directors and Past President of the Southern Section. He has also held Secretary/Treasurer and Board of Director positions with the Center for Research in Ambulatory Health Care Administration (CRAHCA) and was Past President for the Tennessee Medical Management Association (TMGMA).

Frank E. Gordon

Managing Partner
Crofton Capital, L.P.

Mr. Gordon is currently managing partner for Crofton Capital, L.P. in Nashville, Tennessee. Prior to joining Crofton Capital, he was Vice President of Development and Managed Care of MediSphere Health Partners, a woman's healthcare company based in Nashville, Tennessee. He obtained a Bachelor of Science Degree from the University of Texas in Austin and a Masters in Business Administration Degree from Georgia State University in Atlanta. Prior to joining MediSphere, Mr. Gordon was Director of Provider Relations at HealthWise of America and served in this capacity through the acquisition of HealthWise by United HealthCare. He has also held various marketing and development positions with Hospital Corporation of America, Surgical Care Affiliates and Geriatric Medical Care. Gordon currently serves on the Board of Directors of HealthStream, Inc.

Gerard (Gerry) M. Hayden, Jr.

Chief Financial Officer
HealthStream, Inc.

Gerard ("Gerry") M. Hayden, Jr. joined HealthStream as senior vice president and chief financial officer (CFO) in mid-May 2008 after resigning from HealthStream's Board of Directors, where he had been a Member since 2006. Having led healthcare technology companies, he brings broad industry experience in finance, mergers and acquisitions, and accounting to HealthStream's executive team. Most recently serving as chief financial officer for MedAvant Healthcare Solutions, Mr. Hayden has additional experience serving as chief financial officer for such companies as Private Business, Inc., Covation, Meridian Occupational Healthcare Associates, Inc., ENVOY (now part of WebMD), and Allied Clinical Laboratories, Inc. In his new role at HealthStream, Mr. Hayden will assume leadership for accounting and financial operations. Mr. Hayden holds a Bachelor of Arts in Government and International Studies from the University of Notre Dame and a Master of Science in Accounting from Northeastern University.