About Health Catalyst
Health Catalyst is a company based in Salt Lake City (United States) founded in 2008 by Steven Barlow. Health Catalyst has raised $392 million across 10 funding rounds from investors including UPMC, Orbimed and Norwest Venture Partners. The company has 1,500 employees as of December 31, 2024. Health Catalyst has completed 12 acquisitions, including Able Health, Carevive and Electronic Registry Systems. Health Catalyst offers products and services including Ignite Spark, Population Health Management, and Revenue Cycle Management. Health Catalyst operates in a competitive market with competitors including Azalea Health, DrFirst, Innovaccer, CitiusTech and CompuGroup Medical, among others.
- Headquarter Salt Lake City, United States
- Employees 1500 as on 31 Dec, 2024
- Founders Steven Barlow
- Stage Public
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Sectors
HealthcareTechnology
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Phone
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Website
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Social
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- Legal Name Health Catalyst, Inc
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Annual Revenue
$306.58 M (USD)3.6as on Dec 31, 2024
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Net Profit
-$69.5 M (USD)41.17as on Dec 31, 2024
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EBITDA
-$13.32 M (USD)67.14as on Dec 31, 2024
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Total Equity Funding
$392 M (USD)
in 10 rounds
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Latest Funding Round
$50 M (USD), Post-IPO
Sep 08, 2020
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Investors
UPMC
& 15 more
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Employee Count
1500
as on Dec 31, 2024
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Investments & Acquisitions
Able Health
& 11 more
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IPO & Listings of Health Catalyst
Health Catalyst is a publicly listed company on the NASDAQ with ticker symbol HCAT in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Health Catalyst
Health Catalyst offers a comprehensive portfolio of products and services, including Ignite Spark, Population Health Management, and Revenue Cycle Management.
Platform for healthcare data analytics and efficient outcomes management.
Solutions for improving population health through data insights.
Tools to optimize healthcare revenue and cost management.
People of Health Catalyst
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Data Analysis and Operations Team
65 people
Software Development Team
53 people
Leadership Team
45 people
Sales and Marketing
17 people
Product Management Team
16 people
Finance and Accounting
11 people
Operations Team
9 people
Human Resources and Administration
8 people
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Funding Insights of Health Catalyst
Health Catalyst has successfully raised a total of $392M across 10 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Health Catalyst
Health Catalyst has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include UPMC, Orbimed and Norwest Venture Partners.
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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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Sequoia Capital is engaged in venture capital investments.
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Investor details for Health Catalyst
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Health Catalyst
Health Catalyst has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Able Health, Carevive and Electronic Registry Systems.
Investment portfolio details for Health Catalyst
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Patient engagement and care coordination solution for healthcare providers
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Cloud-based technology is offered for oncology practice management and EHR.
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Cloud-based pay-for-performance and risk adjustment solutions are developed.
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Locked | Locked | 2015 | Locked |
Complete acquisition details for Health Catalyst
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- Domains and locations
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Financial Statements - Health Catalyst
Detailed financials for Health Catalyst
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Health Catalyst Comparisons
Peer comparison for Health Catalyst
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Competitors of Health Catalyst
Health Catalyst operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Azalea Health, DrFirst, Innovaccer, CitiusTech and CompuGroup Medical, among others.
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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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E-prescription and secure messaging solutions are offered to healthcare providers.
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Provider of an AI-powered cloud platform for healthcare performance improvement
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Provider of AI solutions for clinical, operational, and business outcomes
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Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
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Detailed competitors of Health Catalyst
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Latest news on Health Catalyst
Complete news archive for Health Catalyst
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- Full article archive
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- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Health Catalyst
Health Catalyst was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Health Catalyst is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Dan Burton is the current CEO of Health Catalyst.
Health Catalyst is a funded company, having raised a total of $392M across 10 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Health Catalyst is 1,500.
Annual revenue of Health Catalyst is $306.58M as on Dec 31, 2024.
Health Catalyst was founded in 2008 in Salt Lake City, United States, within the healthcare analytics sector. A cloud-based platform is operated to deliver data analytics solutions, including population health management, patient injury prevention, operational efficiency, performance monitoring, and financial management. Data warehouse software and processes are designed and implemented to handle operational, financial, clinical, and research data for hospitals.
Health Catalyst's top competitors include Innovaccer, CompuGroup Medical and DrFirst.
Health Catalyst offers Ignite Spark, Population Health Management, and Revenue Cycle Management.
Yes, Health Catalyst is publicly traded on NASDAQ under the ticker symbol HCAT.
Health Catalyst has made 12 acquisitions, including Able Health, Carevive, and Electronic Registry Systems.
Health Catalyst has 16 investors. Key investors include UPMC, Orbimed, Norwest Venture Partners, Indiana University Health, and Sequoia Capital.
The ticker symbol of Health Catalyst is HCAT on NASDAQ.