Health Catalyst Announces a New, External Leadership Assignment for Paul Horstmeier

Rhea-AI Summary

Health Catalyst (Nasdaq: HCAT) announced that COO Paul Horstmeier will serve as Mission President for the Church of Jesus Christ of Latter-Day Saints in Puerto Rico, effective late June 2023. He will transition to Senior Advisor on March 31, 2023, and assist in the transition of his responsibilities. CEO Dan Burton praised Horstmeier's significant contributions over the past 11.5 years. This marks the second time a senior leader at Health Catalyst has taken on such a role, following Co-Founder Steve Barlow's service in Ecuador from 2017 to 2020.

Positive

• Paul Horstmeier's leadership will continue in a Senior Advisor role during the transition.
• Health Catalyst supports community service, enhancing its brand reputation.

Negative

• Transitioning COO may cause temporary disruptions in leadership continuity.

SALT LAKE CITY, Jan. 6, 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 the leadership of the Church of Jesus Christ of Latter-Day Saints has called Paul Horstmeier, Health Catalyst's Chief Operating Officer, to serve for three years as the Mission President of the Puerto Rico San Juan Mission, beginning in late June 2023.

As a result, Mr. Horstmeier will transition from his full-time position as Chief Operating Officer, effective March 31, 2023, to that of a Senior Advisor. Mr. Horstmeier will continue working closely with Dan Burton, CEO of Health Catalyst, to transition his responsibilities to other senior leaders at Health Catalyst in the coming months.

"Paul's contributions to Health Catalyst's growth and success over the past 11 ½ years have been enormous and deeply impactful," said Mr. Burton. "Paul will be sorely missed as he and his wife Karryl serve the missionaries and people of Puerto Rico during their three-year tenure, but I have no doubt of the positive effect of their sacrifice and service, and we look forward to welcoming Paul back full-time to Health Catalyst after the conclusion of this mission assignment."

This is the second time a member of Health Catalyst's Senior Leadership Team has been called to serve as a Mission President for the Church of Jesus Christ of Latter-Day Saints. From 2017 to 2020, Health Catalyst Co-Founder Steve Barlow was called to serve as a Mission President in Ecuador, which necessitated his transition for three years, followed by his subsequent return to Health Catalyst in the fall of 2020. Health Catalyst, as a mission-driven organization, is grateful for and supportive of the many contributions its team members make in providing various types of volunteer service to the broader community. 

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 more than 500 clients leverage the cloud-based data platform or its other software applications—powered by data from over 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.

Health Catalyst Investor Relations Contact:

Adam Brown
Senior Vice President, Investor Relations and FP&A
+1 (855)-309-6800
ir@healthcatalyst.com 

Health Catalyst Media Contact:

Tarah Neujahr Bryan
Chief Marketing Officer
media@healthcatalyst.com

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SOURCE Health Catalyst

FAQ

What is the recent leadership change at Health Catalyst (HCAT)?

Paul Horstmeier, COO of Health Catalyst, will serve as Mission President in Puerto Rico, transitioning to Senior Advisor on March 31, 2023.

When will Paul Horstmeier begin his mission assignment?

Horstmeier's mission assignment will begin in late June 2023.

What impact does Paul Horstmeier's departure have on Health Catalyst (HCAT)?

His transition may lead to temporary leadership disruptions as responsibilities are reassigned.

How long did Paul Horstmeier serve as COO of Health Catalyst?

Horstmeier served as COO for 11.5 years before taking on his new role.

Has Health Catalyst (HCAT) had previous leadership transitions?

Yes, Co-Founder Steve Barlow served as Mission President in Ecuador from 2017 to 2020.