Health Catalyst

OverviewSuggest Edit

Health Catalyst is a company providing data software for healthcare organizations. It offers a suite of healthcare data warehousing and process improvement solutions along with analytics applications, which combine data from multiple source systems and provide insights.
TypePublic
Founded2008
HQSouth Jordan, UT, US
Websitehealthcatalyst.com
Employee Ratings4.4
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)1,200(+20%)
Job Openings48
Revenue (FY, 2021)$241.9 M(+29%)
Share Price (May 2022)$16.1(+15%)
Cybersecurity ratingBMore
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Key People/Management at Health Catalyst

Dan Burton

Dan Burton

CEO, Director
Patrick Nelli

Patrick Nelli

President
Bryan Hunt

Bryan Hunt

Chief Financial Officer
Paul Horstmeier

Paul Horstmeier

Chief Operating Officer
Dan Orenstein

Dan Orenstein

General Counsel
Kevin Freeman

Kevin Freeman

Chief Revenue Officer
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Health Catalyst Office Locations

Health Catalyst has offices in South Jordan and Holladay
South Jordan, UT, US (HQ)
10897 S River Front Pkwy, Suite 300
Holladay, UT, US
3165 Millrock Dr, Suite 400
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Health Catalyst Financials and Metrics

Health Catalyst Revenue

Health Catalyst's revenue was reported to be $241.93 m in FY, 2021
USD

Revenue (FY, 2021)

241.9m

Gross profit (FY, 2021)

117.6m

Gross profit margin (FY, 2021), %

48.6%

Net income (FY, 2021)

(153.2m)

EBIT (FY, 2021)

(143.6m)

Market capitalization (13-May-2022)

839.7m

Closing stock price (13-May-2022)

16.1

Cash (31-Dec-2021)

193.2m

EV

851.0m
Health Catalyst's current market capitalization is $839.7 m.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

73.1m112.6m154.9m188.8m241.9m

Revenue growth, %

54%

Cost of goods sold

43.6m59.9m124.4m

Gross profit

29.4m52.7m117.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

16.4m17.5m17.6m20.6m23.0m32.9m35.2m36.8m39.4m45.1m25.5m47.2m55.8m59.6m61.7m

Cost of goods sold

11.4m11.7m10.6m11.6m12.5m17.0m17.3m24.4m30.1m33.1m

Gross profit

5.0m5.9m7.0m9.0m10.5m15.9m17.9m22.8m29.6m28.7m

Gross profit Margin, %

31%34%40%44%46%48%51%48%50%46%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

18.0m92.0m193.2m

Accounts Receivable

27.6m48.3m48.8m

Prepaid Expenses

7.5m10.6m14.6m

Current Assets

264.2m329.8m508.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

32.2m20.8m52.1m61.0m104.2m111.2m132.6m205.1m275.8m

Accounts Receivable

28.3m34.5m31.0m35.4m34.4m36.3m45.9m47.0m47.7m

Prepaid Expenses

5.7m5.6m6.4m9.4m9.0m11.3m12.4m11.3m12.5m

Current Assets

99.3m95.0m279.8m249.9m397.0m322.8m324.7m321.1m515.3m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(60.1m)(115.0m)(153.2m)

Depreciation and Amortization

9.2m18.7m37.5m

Accounts Payable

(86.0k)8.2m5.2m

Cash From Operating Activities

(32.2m)(26.1m)(23.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(13.7m)(24.4m)(45.8m)(17.5m)(44.7m)(72.0m)(28.4m)(64.2m)(10.4m)

Depreciation and Amortization

2.3m4.5m6.8m2.9m6.0m11.0m7.8m16.0m26.6m

Accounts Payable

382.0k(1.6m)1.7m(4.3m)(1.1m)6.6m(5.4m)2.4m3.3m

Cash From Operating Activities

(5.2m)(13.6m)(19.1m)(16.8m)(17.5m)(22.0m)(3.1m)(8.0m)13.3m
USDQ1, 2017

Revenue/Employee

35.7k
Show all financial metrics

Health Catalyst Operating Metrics

Health Catalyst's Enterprise Customers was reported to be 90 in FY, 2021.
FY, 2018FY, 2019FY, 2020FY, 2021

Domains (Registrar)

6501.2 k1 k1 k

Enterprise Customers

1261307490

Health Catalyst Acquisitions / Subsidiaries

Company NameDateDeal Size
VitalWareAugust 11, 2020$120 m
Able HealthFebruary 18, 2020$27 m
MedicityMay 04, 2018
Able Health, LLC
Health Catalyst Middle East FZ-LLC
Health Catalyst Singapore Pte. Ltd.
Health Catalyst UK Ltd
Healthfinch, LLC
Medicity LLC
Twistle, LLC
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Health Catalyst Revenue Breakdown

Embed Graph

Health Catalyst revenue breakdown by business segment: 61.1% from Technology and 38.9% from Professional Services

Health Catalyst Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Health Catalyst Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Health Catalyst Online and Social Media Presence

Embed Graph

Health Catalyst Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    94/100

  • Compensation

    B+

    80/100

  • Diversity

    B

    75/100

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Health Catalyst Blogs

Becoming A Change Agent in Healthcare: The Key to Meaningful Improvement

Facing constant change and dwindling profit margins, healthcare organizations consistently rely on financial management in response to market changes. While a financial focus is crucial for survival, healthcare leaders should realize the power of clinicians as change agents in driving meaningful cli…

Real-World Benefits of Machine Learning in Healthcare

Machine learning (ML) can deliver critical insight to clinicians at the point of decision making and replace manual processes, such as reviewing a patient’s lab history. However, many clinicians don’t reap these ML benefits due to a lack of understanding and data infrastructure. To maximize the many…

Surviving Value-Based Purchasing in Healthcare: Connecting Your Clinical and Financial Data for the Best ROI

With the healthcare industry move towards value-based payment (VBP), financial executives must navigate a shift away from volume and embrace quality care as a key driver of financial health—particularly as accountable care, quality measures, shared savings, and bundled payments gain traction. To mee…

How Proactive Patient Communication Solves Medication Non-Adherence

Former U.S. Surgeon General C. Everett Coop, MD, once said, “Drugs don’t work in patients who don’t take them.” Yet, patient adherence to prescribed medication tends to fall short of optimal. For example, according to the Centers of Disease Control & Prevention, patients don’t fill approximately…

Improving Patient Safety and Quality: What Healthcare Can Learn from the Airline and Nuclear Industries

Even though medication-associated errors affect over 7 million patients and cost more than $40 billion each year, healthcare often falls short when it comes to prioritizing patient safety. For example, in October 2021, a draft of the Department of Health and Human Services Strategic Plan FY 2022–202…

Four Characteristics of High-Value Healthcare Analytics Products

Advanced data and analytics are a good foundation for developing highly effective products for healthcare, but they’re not enough. Anne Marie Bickmore, Chief Product Officer at Health Catalyst, explains that building a product portfolio is more than a list of offerings—it starts with an immovable fo…
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Health Catalyst Frequently Asked Questions

  • When was Health Catalyst founded?

    Health Catalyst was founded in 2008.

  • Who are Health Catalyst key executives?

    Health Catalyst's key executives are Dan Burton, Patrick Nelli and Bryan Hunt.

  • How many employees does Health Catalyst have?

    Health Catalyst has 1,200 employees.

  • What is Health Catalyst revenue?

    Latest Health Catalyst annual revenue is $241.9 m.

  • What is Health Catalyst revenue per employee?

    Latest Health Catalyst revenue per employee is $201.6 k.

  • Who are Health Catalyst competitors?

    Competitors of Health Catalyst include Privia Health, Capsule Technologies and PHEMI Systems.

  • Where is Health Catalyst headquarters?

    Health Catalyst headquarters is located at 10897 S River Front Pkwy, Suite 300, South Jordan.

  • Where are Health Catalyst offices?

    Health Catalyst has offices in South Jordan and Holladay.

  • How many offices does Health Catalyst have?

    Health Catalyst has 2 offices.