Recognizing Healthcare's Data-Driven Innovators at the 2025 Health Catalyst Analytics Summit SALT LAKE CITY, Aug. 29, 2025 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst,"Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced the winners of the 2025 Catalyst Awards, an annual program recognizing healthcare organizations at the forefront of data-driven transformation. The Catalyst Awards were presented at the Health Catalyst Analy ...

Hospitals and Health Systems Can Now Benefit from a Validated Consumer Science Model and Proprietary Business IntelligenceSALT LAKE CITY, Aug. 26, 2025 /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst,"Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that Upfront by Health Catalyst ("Upfront") has launched Market Insights on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts. With Market Ins ...

Core Points - Health Catalyst CEO Dan Burton will retire on June 30, 2026, to pursue volunteer service opportunities aligned with his faith [1][2] - Burton has led Health Catalyst for nearly 15 years, contributing to significant company growth, including an IPO in 2019 and expanding the client base to 1,100 healthcare clients [3] - The company has achieved over $2.2 billion in client-approved measurable improvements during Burton's tenure [3] - Health Catalyst has maintained high employee engagement levels, ranking between the 94th and 99th percentile over the past decade, and has received over 125 Best Workplace Awards since 2013 [4] - The company supports its team members' volunteer service contributions to the community [7] Leadership Transition - Burton will assist the Board in the search for a new CEO while continuing to serve on the Board [2] - The Board expressed gratitude for Burton's service and is committed to finding a world-class CEO for the next chapter of Health Catalyst [6] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [8] - The company serves over 1,000 organizations globally, utilizing its cloud-based technology ecosystem and AI-enabled solutions [9] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, driving data-informed healthcare improvement [9]

Core Insights - Health Catalyst, Inc. will release its second quarter 2025 operating results on August 7, 2025, after market close [1] - A conference call to discuss the results will take place at 5:00 pm ET on the same day [1] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes [3] - The company serves over 1,000 organizations globally, utilizing its cloud-based technology ecosystem, Health Catalyst Ignite™, and AI-enabled solutions [3] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, focusing on transforming complex healthcare data into actionable insights [3]

Core Insights - Health Catalyst, Inc. has announced the listing of 10 AI-integrated data toolkits on Databricks Marketplace, aimed at addressing significant challenges in healthcare organizations [1][2] - The toolkits are designed to provide actionable resources at no cost, enabling healthcare organizations to trial use cases and experience the value of Health Catalyst's expertise [2][4] - This initiative is part of a broader partnership with Databricks to enhance healthcare data sharing and analytics [3][7] Group 1: Product Offering - The data toolkits include advanced machine learning models and large language model capabilities to help health systems improve outcomes in various areas [4][6] - Key functionalities of the toolkits include predicting hospital readmissions, reducing avoidable emergency department visits, and optimizing surgical outcomes [6][7] - The toolkits are designed to remove barriers to measurable improvement by providing a ready-to-run framework for healthcare organizations [4][5] Group 2: Strategic Importance - The release of these toolkits reflects Health Catalyst's commitment to making data-driven improvements more accessible across the healthcare community [7] - The initiative follows the launch of Health Catalyst Ignite Spark™, which aims to provide tailored analytics solutions for smaller healthcare organizations [7][8] - By democratizing access to sophisticated analytics, Health Catalyst enables healthcare organizations of all sizes to leverage AI for better patient outcomes [5][8]

Core Insights - Health Catalyst reported strong financial results for Q1 2025, with total revenue of $79.4 million, exceeding guidance, and Adjusted EBITDA of $6.3 million, reflecting an 86% increase year-over-year [2][38] - The company added 10 net new Platform Clients in Q1 2025, contributing to confidence in achieving the target of 40 net new Platform Client additions for the year [2][38] - The financial outlook for Q2 2025 includes expected total revenue of approximately $80.5 million and Adjusted EBITDA of around $8 million [4][38] Financial Performance - Total revenue for Q1 2025 was $79.4 million, a 6% increase from $74.7 million in Q1 2024 [3][38] - Gross profit decreased slightly to $28.7 million, with a gross margin of 36%, down from 39% in the previous year [3][38] - The net loss for the quarter was $23.7 million, compared to a net loss of $20.6 million in Q1 2024, indicating a 15% increase in losses [3][38] - Adjusted Gross Profit was $39.0 million, with an Adjusted Gross Margin of 49%, down from 51% year-over-year [3][38] Client Growth and Market Position - The addition of 10 net new Platform Clients in Q1 2025 is significant, especially as Q1 is typically a quieter period for bookings [2][38] - The company anticipates achieving approximately halfway to the target of 40 net new Platform Clients by the end of Q2 2025 [38] Future Guidance - For the full year 2025, total revenue is projected to be around $335 million, reflecting a 9% increase [4][38] - The technology business unit is expected to generate approximately $220 million in revenue, a 13% increase [4][38] - Adjusted EBITDA for the full year is forecasted to be approximately $41 million, representing a 57% increase [4][38] Operational Insights - Health Catalyst's Ignite platform continues to gain traction, with recent client wins highlighting its momentum in the market [38] - The company remains confident in its ability to drive profitability despite a dynamic macroeconomic environment, with expectations for improved stock-based compensation as a percentage of revenue by 2026 [38]

Core Insights - Health Catalyst has announced a strategic partnership with Microsoft to enhance operational, clinical, and financial performance in healthcare through AI-driven innovation [1][2] - The collaboration leverages Health Catalyst's expertise with Microsoft Azure and Azure AI Foundry to provide advanced AI solutions for healthcare organizations [2][4] - The partnership aims to transform data and analytics into actionable insights, driving sustainable performance improvements for healthcare providers [4][5] Company Overview - Health Catalyst is a leading provider of data and analytics technology and services, serving over 1,000 organizations globally [5] - The company offers a cloud-based technology ecosystem, Health Catalyst Ignite™, and AI-enabled data and analytics solutions to improve clinical, financial, and operational outcomes [5] - Health Catalyst has a proven track record of delivering billions of dollars in measurable results, emphasizing its commitment to data-informed healthcare improvement [5] Product Offerings - Healthcare.AI™ and Health Catalyst Ignite™ are currently available on the Azure Marketplace, with additional solutions to be introduced [3] - These offerings enable healthcare organizations to address challenges in data analytics, cybersecurity, financial, and operational improvements [3] Strategic Goals - The partnership is designed to help healthcare organizations achieve their goals for 2025 and beyond by moving from data analytics to reliable actions and sustained outcomes [4] - The collaboration combines machine intelligence with healthcare expertise to accelerate AI-driven outcomes and optimize decision-making [4]