Definitive Healthcare earns 2024 Middle Market Leader Award from Boston Business Journal

Rhea-AI Summary

Definitive Healthcare (DH) has been named one of the Boston Business Journal’s Middle Market Leaders for 2024, showcasing significant revenue growth from 2020 to 2022. The company's total revenue increased from $118.3 million to $222.7 million during this period, marking a 34% year-over-year growth. Definitive Healthcare's recognition highlights its commitment to providing valuable healthcare commercial intelligence and its strong financial performance.

FRAMINGHAM, Mass., March 14, 2024 (GLOBE NEWSWIRE) -- Definitive Healthcare (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that it has been named one of the Boston Business Journal’s Middle Market Leaders for 2024, a ranking of the 50 highest growth companies in Massachusetts. This marks the second year in a row that Definitive Healthcare has won this award.

The Boston Business Journal selects the Middle Market Leaders using a weighted index score based on revenue growth from 2020 to 2022. For a company to qualify, it must report annual revenue between $25 million and $1 billion from 2020 to 2022.

From 2020 to 2022, Definitive Healthcare’s total revenue grew from $118.3 million to $222.7 million. At the end of the financial year 2022, the company exited with a 34% year-over-year increase.

“We’re honored to receive the Middle Market Leader recognition from the Boston Business Journal. It’s a reflection of the real-world value we create for our clients every day, thanks to the hard work of our outstanding team,” said Jason Krantz, founder, executive chairman, and interim CEO of Definitive Healthcare. “Our robust Atlas Dataset has empowered thousands of customers to navigate the complex healthcare market with clarity and confidence. As the foundation for our healthcare commercial intelligence, the Atlas Dataset has been instrumental to our financial growth, but more importantly, it has empowered our clients to achieve their commercial goals.”

This latest honor follows a Silver Stevie Award® in the category of Employer of the Year – Health Products and Services. Definitive Healthcare has also been recognized as a top place to work by the Boston Globe, Built In, and Energage.

For the full list of Middle Market Leaders, visit here.

About Definitive Healthcare
At Definitive Healthcare, our mission is to transform data, analytics, and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities, and people, so they can shape tomorrow’s healthcare industry. Our SaaS platform creates new paths to commercial success in the healthcare market, so companies can identify where to go next. Learn more at definitivehc.com.

Media Contact:
Bethany Swackhamer
bswackhamer@definitivehc.com

Investor Relations Contact:
Brian Denyeau
ICR for Definitive Healthcare
brian.denyeau@icrinc.com
646-277-1251

FAQ

What award did Definitive Healthcare (DH) win?

Definitive Healthcare won the Boston Business Journal’s Middle Market Leaders for 2024 award.

How is the Middle Market Leaders selected?

The Middle Market Leaders are selected based on a weighted index score derived from revenue growth from 2020 to 2022.

What was Definitive Healthcare's revenue growth from 2020 to 2022?

Definitive Healthcare's total revenue grew from $118.3 million to $222.7 million during the period.

Who is the founder, executive chairman, and interim CEO of Definitive Healthcare?

Jason Krantz is the founder, executive chairman, and interim CEO of Definitive Healthcare.

What is the significance of the Atlas Dataset for Definitive Healthcare?

The Atlas Dataset serves as the foundation for the company's healthcare commercial intelligence, contributing to its financial growth and empowering clients to achieve commercial goals.