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Definitive Healthcare Corp. (NASDAQ: DH) is a leading provider of healthcare commercial intelligence, specializing in delivering comprehensive data and analytics on healthcare providers and their activities. The company’s suite of solutions offers clients access to the most accurate and detailed information available, covering over 8,100 hospitals and Integrated Delivery Networks (IDNs), 7,300 ambulatory surgery centers, 11,000 imaging centers, 38,000 long-term care facilities, 1,200 Accountable Care Organizations (ACOs) and Health Information Exchanges (HIEs), 197,000 physician groups, 1.3 million physicians, and 750 Canadian hospitals.
Definitive Healthcare's robust data set helps organizations in the healthcare sector optimize everything from product development to go-to-market planning, and sales and marketing execution. Backed by Spectrum Equity, the company is committed to transforming data, analytics, and expertise into actionable healthcare commercial intelligence.
The company continually invests in enhancing its product offerings and expanding its data coverage. Recent achievements include a 14% year-over-year revenue growth in the third quarter, reaching $65.3 million. Additionally, Definitive Healthcare has forged strategic partnerships, such as the recent collaboration with VML Health to streamline engagement between pharmaceutical companies and Key Opinion Leaders (KOLs), leveraging the Monocl ExpertInsight platform.
Definitive Healthcare’s competitive edge lies in its ability to provide unparalleled insights into the healthcare provider market, which equips its clients with the necessary tools to identify and capitalize on new opportunities. The company’s platform supports clients in uncovering the right markets, opportunities, and individuals, thereby shaping the future of healthcare. With the majority of its revenue derived from the United States, Definitive Healthcare continues to be a pivotal player in the healthcare data analytics industry.
For more information, visit www.definitivehc.com.
Definitive Healthcare has launched Atlas AI, a suite of proprietary analytics designed to enhance healthcare commercial intelligence. Utilizing a comprehensive dataset, Atlas AI incorporates 11 analytics focused on empowering clients to make informed business decisions. Key features include Affiliations Intelligence, which uncovers connections among healthcare providers, and RxDecision Insights, identifying prescribing patterns among physicians. Other tools enable deeper market understanding, such as Claims-Based Specialty and Predicted Locum Tenens. This initiative represents a significant investment in data science and machine learning, further positioning Definitive Healthcare as a leader in its sector.
Definitive Healthcare Corp. (Nasdaq: DH) announced that it will release its first quarter financial results on May 4, 2023, after market close. The company will hold a conference call at 5:00 PM ET to discuss these results, accessible via a live audio webcast on their Investor Relations website. Participants can also join by calling 1-877-407-3982. A replay of the call will be available until May 18, 2023. Definitive Healthcare specializes in healthcare commercial intelligence, providing clients with data-driven insights to navigate market opportunities.
Definitive Healthcare (Nasdaq: DH) has launched its Atlas Dataset on Snowflake Marketplace, enabling joint customers to integrate healthcare commercial intelligence into their workflows. This integration allows for improved decision-making regarding commercialization efforts. Key datasets available include:
- NRx & TRx: Prescribing Activity - Offers insights into prescription activity and physician performance.
- Atlas US Healthcare Reference & Affiliations Dataset - Provides contact info, financials, and organizational data.
- RxDecision Insights - Focuses on optimizing sales force allocation and understanding treatment decisions.
Both companies aim to enhance market understanding and drive new revenue opportunities through data integration.
Definitive Healthcare (Nasdaq: DH) has launched DefinitiveConnect on Salesforce AppExchange, allowing customers to access healthcare data directly within Salesforce. This integration enables users to import over 300 data elements into Salesforce Account, Contact, or Lead records, providing valuable insights on facility metrics and organizational news. CEO Robert Musslewhite emphasized that DefinitiveConnect streamlines access to healthcare data, enhancing decision-making for commercial strategies. The launch is expected to accelerate business transformation and growth opportunities for customers, as noted by David Lee from AppExchange. Definitive Healthcare specializes in delivering commercial intelligence solutions for the healthcare sector.
Definitive Healthcare Corp. (Nasdaq: DH) announced that its Chief Financial Officer, Rick Booth, will present at the Raymond James 2023 Institutional Investors Conference on March 7, 2023, at 2:50 p.m. Eastern Time. Investors can access a live webcast of the presentation on the Definitive Healthcare investor relations website. A replay will also be available for a limited time.
Definitive Healthcare is a leader in healthcare commercial intelligence, transforming data and analytics to help clients identify market opportunities. To learn more, visit definitivehc.com.
Definitive Healthcare reported a strong performance for Q4 and full year 2022, with revenue growth of 31% to $60.6 million in Q4, and a 34% increase to $222.7 million for the year. GAAP net income improved to $6.7 million, contrasting with a loss of $14.8 million in Q4 2021. Adjusted net income also rose to $10.5 million. For 2023, the company anticipates revenue between $249.0 million and $255.0 million, reflecting a 14% year-over-year increase. The launch of the Atlas Dataset and several key customer contracts signify substantial growth potential in the healthcare intelligence market.
GovForce, a technology company focused on government contractors, has secured $2.5 million in seed equity funding led by
Definitive Healthcare (Nasdaq: DH) announced it will release its fourth quarter and full year financial results on February 23, 2023, after market close. The company will hold a conference call at 5:00 PM ET to discuss the results. Investors can listen to the event via a live audio webcast on the Definitive Healthcare Investor Relations website. The replay of the call will be available until March 9, 2023, for those who cannot attend the live session.
Definitive Healthcare specializes in healthcare commercial intelligence, aiding clients in identifying market opportunities.
Definitive Healthcare (Nasdaq: DH) announced the launch of its Atlas Dataset, a comprehensive resource for healthcare commercial intelligence. This dataset integrates information on over 15 million healthcare professionals and 300,000 organizations, positioning it as a leading tool for clients to make informed decisions. An independent survey indicated the dataset's top ranking for reference and affiliation data. It includes key components such as Atlas Reference & Affiliation, All-Payor Claims, and Prescription Claims, enhancing visibility into healthcare operations and contributing to improved market understanding.
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