STOCK TITAN

Health Catalyst Acquires ERS, Bolsters Tech-Enabled Managed Services Offering with Data Abstraction and Oncology Registry Management Capabilities

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Rhea-AI Summary
Health Catalyst, Inc. has acquired Electronic Registry Systems, Inc. (ERS), a market leader in cancer registry software and services. ERS provides cancer registry compliance and informatics services through its flagship platform CRStar. The acquisition strengthens Health Catalyst's data abstraction and registry management capabilities, enhancing its Tech-Enabled Managed Services (TEMS) offering in the chart abstraction domain.
Positive
  • None.
Negative
  • None.

SALT LAKE CITY, Nov. 2, 2023 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that it has acquired Electronic Registry Systems, Inc. (ERS), a market leader in cancer registry software and services.

Headquartered in Cincinnati, Ohio, ERS provides cancer registry compliance and informatics services to enable customers to achieve their cancer center clinical and business objectives with a goal of improving cancer care for every patient. ERS has provided solutions to the cancer registry field since 1989 and is widely recognized for its flagship platform solution, CRStar. Specifically designed for Certified Tumor Registrars, the CRStar platform records and reports vital cancer patient information to oncology registries.

CRStar, in conjunction with ARMUS by Health Catalyst, strengthens Health Catalyst's comprehensive data abstraction and registry management capabilities and will enhance the company's Tech-Enabled Managed Services (TEMS) offering within the chart abstraction domain.

"This acquisition brings together two organizations deeply aligned in our belief in the power of data and analytics to drive improved clinical, operational, and financial outcomes," said Dan Burton, CEO of Health Catalyst. "By combining our strengths, we're well-positioned to support future TEMS growth in data abstraction and registry management within the cardiology and oncology domains.  I'm confident we are better equipped to achieve our mission with ERS employees on our team."

Commenting on the acquisition, CEO of ERS Rohit Nayak shared, "As a leading cancer registry software and informatics platform, ERS has played a key role right from the early days of the industry. We have remained steadfast in our mission to help cancer centers improve cancer care for every patient, and with Health Catalyst, we know we are best positioned to expand on this vision in new ways. We are excited to be a part of the Health Catalyst family and look forward to continuing to grow our collaboration and partnership with our clients and partners."

About Health Catalyst

Health Catalyst is a leading provider of data and analytics technology and services to healthcare organizations committed to being the catalyst for massive, measurable, data-informed healthcare improvement. Its customers leverage the cloud-based data platform—powered by data from more than 100 million patient records and encompassing trillions of facts—as well as its analytics software and professional services expertise to make data-informed decisions and realize measurable clinical, financial, and operational improvements. Health Catalyst envisions a future in which all healthcare decisions are data informed.

Media Contact:

Amanda Hundt
Vice President, Corporate Communications
amanda.hundt@healthcatalyst.com
575-491-0974

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/health-catalyst-acquires-ers-bolsters-tech-enabled-managed-services-offering-with-data-abstraction-and-oncology-registry-management-capabilities-301976209.html

SOURCE Health Catalyst

FAQ

What company has Health Catalyst acquired?

Health Catalyst has acquired Electronic Registry Systems, Inc. (ERS).

What are the services provided by ERS?

ERS provides cancer registry compliance and informatics services.

What is the flagship platform of ERS?

The flagship platform of ERS is CRStar.

What capabilities does the acquisition strengthen for Health Catalyst?

The acquisition strengthens Health Catalyst's data abstraction and registry management capabilities.

What offering of Health Catalyst is enhanced by the acquisition?

The acquisition enhances Health Catalyst's Tech-Enabled Managed Services (TEMS) offering in the chart abstraction domain.

Health Catalyst, Inc

NASDAQ:HCAT

HCAT Rankings

HCAT Latest News

HCAT Stock Data

452.71M
59.17M
2.78%
90.41%
4.67%
Health Information Services
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SOUTH JORDAN