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Health Catalyst Announces Partnership Expansion with Western U.S.'s Largest Health Information Exchange, Contexture

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Health Catalyst (Nasdaq: HCAT) has announced an expanded partnership with Contexture, a nonprofit regional health information exchange organization. The partnership now includes technology and services support for Quality Health Network (QHN), a Contexture affiliate in western Colorado. This expansion follows Contexture and QHN's affiliation in May 2024 to unify services in Colorado and the western slope.

The collaboration will leverage Ninja Universe by Health Catalyst™, a cloud-native platform designed for Health Information Exchanges (HIEs). This platform aggregates, normalizes, and optimizes multi-source healthcare data in real-time, supporting Contexture and QHN's efforts to improve data sharing and patient care in Arizona and Colorado.

Health Catalyst (Nasdaq: HCAT) ha annunciato un'espansione della partnership con Contexture, un'organizzazione no-profit regionale per lo scambio di informazioni sanitarie. La partnership ora include supporto tecnologico e servizi per il Quality Health Network (QHN), un affiliato di Contexture nella Colorado occidentale. Questa espansione segue l'affiliazione tra Contexture e QHN avvenuta a maggio 2024, con l'obiettivo di unificare i servizi in Colorado e nella zona occidentale.

La collaborazione sfrutterà Ninja Universe by Health Catalyst™, una piattaforma nativa cloud progettata per gli Scambi di Informazioni Sanitarie (HIE). Questa piattaforma aggrega, normalizza e ottimizza i dati sanitari provenienti da più fonti in tempo reale, supportando gli sforzi di Contexture e QHN per migliorare la condivisione dei dati e la cura dei pazienti in Arizona e Colorado.

Health Catalyst (Nasdaq: HCAT) ha anunciado una asociación ampliada con Contexture, una organización sin fines de lucro regional para el intercambio de información sanitaria. La asociación ahora incluye soporte tecnológico y de servicios para el Quality Health Network (QHN), un afiliado de Contexture en el oeste de Colorado. Esta expansión sigue a la afiliación entre Contexture y QHN en mayo de 2024, con el objetivo de unificar los servicios en Colorado y en la ladera occidental.

La colaboración aprovechará Ninja Universe by Health Catalyst™, una plataforma nativa en la nube diseñada para los Intercambios de Información de Salud (HIE). Esta plataforma agrega, normaliza y optimiza los datos sanitarios de múltiples fuentes en tiempo real, apoyando los esfuerzos de Contexture y QHN para mejorar el intercambio de datos y la atención al paciente en Arizona y Colorado.

Health Catalyst (Nasdaq: HCAT)는 비영리 지역 건강 정보 교환 기관인 Contexture와의 파트너십 확대를 발표했습니다. 이번 파트너십은 서부 콜로라도의 Contexture 계열사인 Quality Health Network (QHN)에 대한 기술 및 서비스 지원을 포함합니다. 이 확장은 2024년 5월 서부 콜로라도에서 서비스 통합을 위해 Contexture와 QHN가 제휴한 후 이루어진 것입니다.

이번 협업은 건강 정보 교환(HIE)을 위해 설계된 클라우드 네이티브 플랫폼인 Ninja Universe by Health Catalyst™을 활용할 것입니다. 이 플랫폼은 여러 출처의 의료 데이터를 실시간으로 집계, 표준화 및 최적화하여 아리조나와 콜로라도에서 Contexture와 QHN의 데이터 공유 및 환자 치료 개선 노력을 지원합니다.

Health Catalyst (Nasdaq: HCAT) a annoncé un partenariat élargi avec Contexture, une organisation régionale à but non lucratif pour l'échange d'informations de santé. Le partenariat inclut désormais un soutien technologique et des services pour le Quality Health Network (QHN), une filiale de Contexture dans l'ouest du Colorado. Cette expansion fait suite à l'affiliation entre Contexture et QHN en mai 2024, visant à unifier les services au Colorado et sur la pente occidentale.

La collaboration s'appuiera sur Ninja Universe by Health Catalyst™, une plateforme native cloud conçue pour les échanges d'informations de santé (HIE). Cette plateforme agrège, normalise et optimise les données de santé provenant de multiples sources en temps réel, soutenant les efforts de Contexture et de QHN pour améliorer le partage des données et les soins aux patients en Arizona et au Colorado.

Health Catalyst (Nasdaq: HCAT) hat eine erweiterte Partnerschaft mit Contexture, einer gemeinnützigen regionalen Organisation für den Austausch von Gesundheitsinformationen, bekannt gegeben. Die Partnerschaft umfasst jetzt technische Unterstützung und Dienstleistungen für das Quality Health Network (QHN), eine Tochtergesellschaft von Contexture in Colorado-West. Diese Erweiterung folgt der Partnerschaft zwischen Contexture und QHN im Mai 2024, die darauf abzielt, die Dienstleistungen in Colorado und dem westlichen Hang zu vereinheitlichen.

Die Zusammenarbeit wird Ninja Universe by Health Catalyst™ nutzen, eine cloudnative Plattform, die für Gesundheitsinformationsaustausche (HIEs) entwickelt wurde. Diese Plattform aggregiert, normalisiert und optimiert Gesundheitsdaten aus mehreren Quellen in Echtzeit und unterstützt die Bemühungen von Contexture und QHN, den Datenaustausch und die Patientenversorgung in Arizona und Colorado zu verbessern.

Positive
  • Expanded partnership with Contexture, a large regional health information exchange
  • Inclusion of technology and services support for Quality Health Network (QHN)
  • Utilization of Ninja Universe platform to enhance data management and sharing capabilities
Negative
  • None.

This partnership expansion between Health Catalyst and Contexture, including its new affiliate QHN, is a strategic move in the healthcare data interoperability space. The implementation of Ninja Universe by Health Catalyst™ for HIEs is significant as it addresses the critical need for real-time, multi-source data aggregation and optimization.

From an investor's perspective, this deal strengthens Health Catalyst's market position in the growing HIE sector. The expansion into western Colorado through QHN potentially increases Health Catalyst's revenue streams and market reach. However, the financial impact remains unclear without specific contract details or revenue projections.

Long-term, this partnership could lead to improved healthcare outcomes and cost efficiencies in the regions served, potentially driving further adoption of Health Catalyst's solutions. Investors should monitor for future announcements on the partnership's performance and any resulting impact on Health Catalyst's financials.

This partnership expansion aligns with the growing trend of healthcare data interoperability and the increasing importance of HIEs in the U.S. healthcare system. The deal positions Health Catalyst to capitalize on this trend, potentially expanding its market share in a competitive landscape.

Contexture's status as the largest HIE in the Western U.S. makes this a notable win for Health Catalyst. It could serve as a reference case for attracting similar partnerships, potentially leading to accelerated growth in the HIE segment.

However, investors should note that the HIE market is complex and evolving, with potential regulatory changes and competition from large tech companies. While this partnership is positive, its long-term impact on Health Catalyst's market position and financial performance will depend on successful implementation and measurable outcomes for Contexture and QHN.

SALT LAKE CITY, Aug. 8, 2024 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced an expanded partnership with Contexture, a nonprofit, regional health information exchange organization that works to drive health data interoperability. Contexture supports the flow of health information between thousands of physician practices, hospitals, long-term care facilities, labs, radiology centers, and other healthcare organizations in Arizona and Colorado.

Health Catalyst and Contexture's expanded partnership will now include technology and services support for Quality Health Network ("QHN"), a Contexture affiliate that helps medical, behavioral, and social health providers in western Colorado securely share patient and client data. Contexture and QHN announced their affiliation in May 2024 to expand and unify services in Colorado and the western slope and bring extensive Health Information Exchange ("HIE") expertise to the communities they serve.

"Affiliating with Contexture is an important step forward for QHN's participants as we work to provide the best possible HIE services, putting data into the hands of care providers when they need it. Health Catalyst is a vital partner for this work," said Marc Lassaux, Executive Director at QHN.

To support Contexture and QHN's work in Arizona and Colorado, the organizations will leverage Ninja Universe by Health Catalyst™, an end-to-end cloud-native platform and set of applications purpose-built for HIEs that aggregates, normalizes, enriches, and optimizes multi-source, multi-format healthcare data in real-time.

"We're grateful for the opportunity to continue to support Contexture and its new affiliate, QHN, in their efforts to utilize data to transform patient care in Colorado," said Dan Burton, CEO of Health Catalyst. "Access to trustworthy data across a care network is an essential component of performance improvement activities, and our unified technology platform is the sustainable, scalable solution high-performing HIEs, like Contexture, need to support their care network's data migration and quality improvement goals."

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 clients 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-announces-partnership-expansion-with-western-uss-largest-health-information-exchange-contexture-302217226.html

SOURCE Health Catalyst

FAQ

What is the expanded partnership between Health Catalyst and Contexture?

Health Catalyst has expanded its partnership with Contexture to include technology and services support for Quality Health Network (QHN), a Contexture affiliate in western Colorado. This expansion aims to improve health data interoperability and patient care in Arizona and Colorado.

How will Health Catalyst support Contexture and QHN's work?

Health Catalyst will provide Ninja Universe, a cloud-native platform designed for Health Information Exchanges (HIEs). This platform will help aggregate, normalize, and optimize multi-source healthcare data in real-time, supporting data migration and quality improvement goals.

When did Contexture and QHN announce their affiliation?

Contexture and Quality Health Network (QHN) announced their affiliation in May 2024 to expand and unify services in Colorado and the western slope, bringing extensive Health Information Exchange expertise to the communities they serve.

What is the significance of this partnership for Health Catalyst (HCAT)?

This expanded partnership strengthens Health Catalyst's position in the health information exchange market, potentially leading to increased revenue and market share. It also demonstrates the company's ability to provide valuable solutions for large-scale health data management and interoperability.

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