Health Catalyst (HCAT) Earnings Call Presentation

Financial Performance & Targets - Health Catalyst's Q1 2025 total revenue reached $79.4 million, a 6% increase year-over-year, exceeding the guidance of approximately $79 million[48] - The company's Q1 2025 Adjusted EBITDA was $6.3 million, representing an 8% margin and an 86% increase, surpassing the guidance of around $4 million[48] - Health Catalyst anticipates a 2025 Adjusted EBITDA of approximately $41 million, a 57% increase, resulting in a 12% margin[15, 48] - The company targets approximately $500 million in revenue and $100 million in Adjusted EBITDA by 2028[15] Client Base & Retention - Health Catalyst has over 1,000 platform and app clients, including academic medical centers, integrated delivery networks, and health insurers[17] - The company added 10 net new platform clients in Q1 2025, with an aggregated average total ARR plus non-recurring revenue of approximately $500,000[48] - Health Catalyst aims to add approximately 40 net new platform clients in 2025, with an average ARR plus non-recurring revenue ranging from $300,000 to $700,000[48] - The dollar-based retention rate for Tech + TEMS is targeted at approximately 103% for 2025[48] Solutions & Improvements - Health Catalyst solutions focus on five core areas: Clinical Improvement, Revenue & Cost Improvement, Ambulatory Operations, Measures & Registries, and Data & Analytics[20, 21] - The company highlights examples of client improvements, such as $22 million in cost savings and $1.9 million in new revenue through improved patient flow[23] - Health Catalyst emphasizes its comprehensive solution, including a data platform, applications, and expertise, to drive measurable clinical, financial, and operational improvements for healthcare organizations[10, 15]