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Health Catalyst - HCAT STOCK NEWS

Welcome to our dedicated page for Health Catalyst news (Ticker: HCAT), a resource for investors and traders seeking the latest updates and insights on Health Catalyst stock.

Overview

Health Catalyst (HCAT) is an innovative provider of data and analytics technology and services tailored to healthcare organizations. The company is dedicated to enabling massive, measurable, data-informed improvement in patient care through its comprehensive suite of solutions that integrate advanced data warehousing, process improvement, and cloud-based analytics. Leveraging an adaptive data architecture and a late-binding bus framework, Health Catalyst delivers agile and flexible solutions that can be implemented rapidly compared to traditional models.

Core Capabilities and Business Model

At the heart of Health Catalyst’s business is its dual-segment model:

  • Technology Segment: This segment is the primary revenue driver and includes a cloud native data platform, a range of analytics applications, and extensive support services. The platform harnesses data from millions of patient records, normalizing and aggregating complex healthcare data to drive clinical, financial, and operational improvement. Its adaptive data model is designed specifically for the nuances of healthcare data, making it robust and scalable.
  • Professional Services Segment: Complementing the technology offerings, the professional services segment provides analytics, implementation, strategic advisory, outsourcing, and improvement services. This integrated approach ensures that healthcare organizations maximize the benefits of Health Catalyst’s technology by translating data insights into real-world care improvements.

Industry Significance and Technological Innovation

Health Catalyst is positioned firmly within the healthcare technology ecosystem, addressing significant challenges such as data interoperability, process inefficiency, and the unique regulatory demands of clinical data. The company leverages its adaptive data architecture—a solution born from years of healthcare veteran expertise—to overcome the limitations of traditional data models. By integrating advanced analytics, artificial intelligence, and cloud capabilities, Health Catalyst not only aids decision-making in clinical settings but also supports operational efficiency and revenue enhancement.

Partnerships and Strategic Acquisitions

Health Catalyst continuously strengthens its market position through strategic partnerships and acquisitions that reinforce its service portfolio. Recent collaborations include expanded relationships with health information exchanges to improve data interoperability across multi-state networks, as well as acquisitions in cybersecurity and patient engagement platforms. Such initiatives help the company provide an end-to-end data ecosystem that supports seamless clinical care, robust cybersecurity defenses, and enhanced patient engagement, ensuring a well-rounded and deeply integrated solution for healthcare organizations.

Operational Excellence and Market Position

The company’s offerings are characterized by their ability to be rapidly implemented, reducing the typical deployment time from months or years to mere weeks. This agility, combined with its comprehensive approach to data aggregation, normalization, and analytics, makes Health Catalyst a central player in helping healthcare providers make informed, data-driven decisions. Their technology is underpinned by decades of experience in clinical process improvement and data management, which informs every aspect of their product suite—from the cloud-based platform to the professional services that guide organizations in optimizing outcomes.

Technology, Integration, and Analytics

Health Catalyst’s ecosystem is built on a foundation of advanced technology:

  • Data Warehousing and Analytics Platform: Aggregates, normalizes, and enriches healthcare data from diverse sources using a proven, adaptive model.
  • Cloud-Based Solutions: Facilitates secure, scalable, and flexible access to data and analytics applications that overcome the limitations of traditional on-premises systems.
  • AI and Advanced Analytics: Integrates artificial intelligence and machine learning techniques to derive actionable insights that inform clinical and operational decisions.

This comprehensive approach ensures that healthcare data is both accessible and actionable, providing a competitive edge in an industry where timely and accurate information is critical.

Customer-Centric Approach

By combining technology with intensive professional expertise, Health Catalyst enables healthcare organizations to transition from data-heavy operations to insight-driven care delivery. The integrated nature of its solutions ensures that healthcare providers not only gain access to critical data, but also the expertise needed to analyze and implement changes that lead to improved patient outcomes, operational efficiency, and cost management.

Conclusion

In summary, Health Catalyst stands as a pivotal force in the convergence of data, technology, and healthcare improvement. Its adaptive data architecture, coupled with a broad array of analytics and professional services, positions it as an indispensable resource for healthcare organizations aiming to harness the power of data to drive clinical and operational excellence. The company’s commitment to integrating innovative technology with deep industry expertise makes it a noteworthy subject of analysis for investors and industry watchers seeking a comprehensive understanding of modern healthcare transformation.

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Health Catalyst, Inc. (HCAT) achieves ONC-Health IT certification for MeasureAble™, a quality measures application with over 240 regulatory measures. This certification allows eligible providers and hospitals to use MeasureAble to meet quality reporting program requirements, showcasing Health Catalyst's commitment to healthcare transformation and clinical excellence.
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Health Catalyst, Inc. will release its fourth quarter and full year 2023 operating results on February 22, 2024, after market close. The company will host a conference call to review the results at 5 p.m. E.T. on the same day. The conference call details are provided for both U.S. and international participants, including a webcast for on-demand listening.
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Health Catalyst, Inc. announced that its flagship hospital chargemaster solution, Vitalware, ranked number one in the Revenue Cycle - Chargemaster Management category of the '2024 Best in KLAS: Software & Services'. This achievement was a result of client feedback and interviews, showing the company's commitment to delivering world-class service and product excellence. The Best in KLAS award reflects Health Catalyst's dedication to addressing price transparency and revenue challenges for hospitals and health systems.
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The Healthcare Analytics Summit (HAS) announced its keynote and session speaker lineup for the 2024 event, featuring national experts in data and analytics, machine learning, AI, and healthcare technology. Keynote speakers include Jennifer Doudna, Michael A. Pfeffer, Melissa Welch, Gregory Robinson, Lisa Bodell, Natalie Nixon, Felipe Gomez, and Dan Burton. The event aims to leverage collective expertise and creative thinking to address healthcare's biggest challenges. HAS 24 will take place from February 27-29, 2024, in Salt Lake City.
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Health Catalyst, a leading provider of data and analytics technology and services to healthcare organizations, announced a multi-year partnership with SacValley MedShare, one of California's largest qualified health information organizations. The partnership aims to improve the quality and safety of healthcare by sharing health information securely and efficiently. Health Catalyst will provide a broad set of technology solutions to support SacValley's mission, including KPI Ninja, Healthcare.AI, and other application solutions and Professional Services. The partnership will strengthen interoperability, improve service to payers, and support high-quality reporting and patient care.
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Health Catalyst, Inc. (Nasdaq: HCAT) announced participation in the 42nd Annual J.P. Morgan Healthcare Conference in San Francisco, with a presentation scheduled on January 10, 2024, at 1:30pm PT. The presentation will feature Dan Burton, CEO, Bryan Hunt, CFO, and Adam Brown, SVP of FP&A and Investor Relations.
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Carta Healthcare (Private) announces the appointment of Brent Dover as CEO, triples revenue, and secures a series B funding round of $25 million. The company also received the Health Care of the Future Innovation Award in 2023.
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Health Catalyst, Inc. (HCAT) announced that WakeMed Health & Hospitals achieved a $10M variable cost reduction by leveraging Health Catalyst's data and analytics technology to decrease unnecessary care variation and improve care quality. WakeMed's clinical transformation efforts have improved care processes for 23 distinct patient populations, resulting in 37 patients avoiding readmission to the hospital and 17 surgical patients' lives saved. Health Catalyst's CEO, Dan Burton, expressed excitement for WakeMed's success, highlighting the massive, measurable data-informed healthcare improvement realized.
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Health Catalyst, a leading data and analytics provider to healthcare organizations, announced CFO Bryan Hunt and SVP Adam Brown's participation in investor conferences. The Piper Sandler 35th Annual Healthcare Conference in New York on Nov 29, 2023, and the Evercore ISI HealthCONx Conference in Miami on Nov 30, 2023.
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Health Catalyst, Inc. (Nasdaq: HCAT) to participate in Stephens Annual Investment Conference with CFO and Director of FP&A and Investor Relations presenting a fireside chat on November 15, 2023 at 9:00am CT. Replay available online at https://ir.healthcatalyst.com.
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FAQ

What is the current stock price of Health Catalyst (HCAT)?

The current stock price of Health Catalyst (HCAT) is $3.84 as of April 18, 2025.

What is the market cap of Health Catalyst (HCAT)?

The market cap of Health Catalyst (HCAT) is approximately 275.9M.

What is Health Catalyst's core business?

Health Catalyst provides data warehousing, analytics technology, and professional services designed to enable healthcare organizations to improve clinical and operational outcomes.

How does Health Catalyst generate revenue?

The company generates revenue primarily through cloud-based subscription contracts, licensing fees, and maintenance agreements within its technology segment, complemented by professional services contracts.

What makes Health Catalyst's data architecture unique?

Health Catalyst utilizes an adaptive data architecture based on a late-binding bus approach, tailored to handle the complexities of healthcare data with agility and flexibility.

Who are the likely customers of Health Catalyst?

Its customers include hospitals, health systems, physician practices, and health information exchanges that require comprehensive data integration and analytics solutions to drive quality improvement.

How does Health Catalyst support healthcare organizations beyond technology implementation?

In addition to its cloud-based solutions, Health Catalyst offers professional services that include analytics consulting, implementation support, strategic advisory, and process improvement to ensure maximum value extraction.

Which industry-specific challenges does Health Catalyst address?

The company tackles challenges such as data interoperability, complex clinical process modeling, cybersecurity, and efficient patient engagement, all within the context of evolving healthcare demands.

How does the company stay competitive in the healthcare technology market?

Through continuous innovation, strategic partnerships, and targeted acquisitions, Health Catalyst enhances its product offerings to address emerging challenges and maintain operational agility within the healthcare sector.

What role do partnerships and acquisitions play in Health Catalyst's strategy?

They are integral to expanding the company’s service portfolio and technological capabilities, enabling it to offer a more comprehensive solution that integrates cutting-edge analytics, cybersecurity, and patient engagement platforms.
Health Catalyst

Nasdaq:HCAT

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HCAT Stock Data

275.93M
67.17M
3.54%
76.54%
3.37%
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