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Health Catalyst to Announce Third Quarter 2025 Operating Results and Host Conference Call on Monday, November 10, 2025
Globenewswire· 2025-10-20 20:18
SALT LAKE CITY, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Health Catalyst, Inc. ("Health Catalyst", Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, will release its third quarter 2025 operating results on Monday, November 10, 2025, after market close. In conjunction, the company will host a conference call to review the results at 5:00 pm ET on the same day. Conference Call Details The conference call can be accessed by dialing 800-343-5172 for U.S. parti ...
Health Catalyst Announces Winners of the 2025 Catalyst Awards
Prnewswire· 2025-08-29 13:00
Core Insights - Health Catalyst, Inc. announced the winners of the 2025 Catalyst Awards, recognizing healthcare organizations leading in data-driven transformation [1][2] - The awards were presented at the Health Catalyst Analytics Summit, highlighting the importance of data and analytics in addressing critical healthcare challenges [2] Award Winners - **Care Quality Excellence Winner**: Lifepoint Health was recognized for saving over 700 patient lives through improved care processes, reducing blood transfusions by 1,200, and allowing patients to spend an additional 24,000 days at home [3] - **Financial Transformation Winner**: Temple University Health System utilized activity-based costing to enhance revenue and quality, generating millions in revenue through improved service line charge capture [4] - **Quality Performance & Measures Excellence Winner**: Revere Medical achieved a 56% increase in depression screening and improved glycemic control for 7,000 diabetes patients, generating millions in shared savings [5] - **Organizational Transformation Winner**: INTEGRIS Health implemented a data-informed operating system, resulting in $2.7 million in cost savings from avoided readmissions and $30 million in labor cost savings [6][7] - **Population Health Impact Winner**: Innovative Healthcare Collaborative of Indiana achieved a $28.3 million cost reduction and improved patient outcomes, including 307 fewer readmissions within 30 days of discharge [8] Evaluation Process - Over 200 client-driven improvements were evaluated by Health Catalyst's judging panel, focusing on measurable outcomes and impactful stories [9] - Nominations included metrics on challenges addressed, interventions, and their impact on patients and organizational performance [9] Company Overview - Health Catalyst is a leading provider of data and analytics technology, serving over 1,000 organizations globally and driving measurable improvements across healthcare [10]
Health Catalyst Announces Upfront: Market Insights on Salesforce AppExchange
Prnewswire· 2025-08-26 12:30
Core Insights - Health Catalyst has launched Market Insights on Salesforce AppExchange, enabling healthcare organizations to utilize actionable consumer insights to enhance patient care and improve campaign performance [1][2]. Company Overview - Health Catalyst is a leading provider of data and analytics technology and services aimed at improving healthcare outcomes, with over 1,000 organizations relying on its offerings [5]. - The company’s technology ecosystem, Health Catalyst Ignite™, leverages AI-enabled data and analytics solutions to transform complex healthcare information into actionable insights [5]. Product Features - Market Insights integrates seamlessly into existing Salesforce workflows, allowing healthcare enterprises to better understand their populations and create targeted patient journeys based on psychographics [2][3]. - The integration is designed to enhance existing workflows within Health Cloud and Marketing Cloud, aiming to drive better health outcomes for communities [3]. Market Context - Salesforce AppExchange serves as a significant enterprise marketplace, hosting over 9,000 apps and achieving more than 12 million customer installs since its launch in 2006 [3].
Health Catalyst Announces CEO Dan Burton to Step Down to Pursue Service Opportunities
Prnewswire· 2025-08-07 20:38
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]
Health Catalyst to Announce Second Quarter 2025 Operating Results and Host Conference Call on Thursday, August 7, 2025
GlobeNewswire News Room· 2025-07-17 12:30
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]
Accelerating Measurable Improvement Through Actionable Insights: Health Catalyst Announces the Release of 10 AI-Integrated Data Toolkits on Databricks Marketplace
Prnewswire· 2025-07-01 12:30
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]
Health Catalyst Reports First Quarter 2025 Results
Globenewswire· 2025-05-07 20:03
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]
Health Catalyst Announces Strategic Partnership with Microsoft to Accelerate AI Adoption and Transformation for Care Delivery Organizations
Prnewswire· 2025-04-29 12:30
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]