SALT
LAKE CITY, Jan. 13, 2025 /PRNewswire/ -- Health
Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading
provider of data and analytics technology and services to
healthcare organizations, today announced its recognition in the
Frost Radar™: US Population Health Management, 2024 report. In the
report, Health Catalyst is recognized as a leader in innovation,
cementing its position as a top provider in the competitive
population health management (PHM) market.
Frost & Sullivan analysts assessed more than 50 companies in
the United States PHM market based
on their innovation and growth strategies, spotlighting those
driving transformative healthcare advancements.
Health Catalyst received recognition as a leader in the industry
for its Population Health suite, which provides clients with
financial and quality benchmarking tools, administrative support,
and advanced analytics to enhance care delivery and outcomes.
The report lauded Health Catalyst's optimization efforts:
"Health Catalyst revolutionized how third-party PHM IT initiatives
are optimized. It offers custom configuration, a pre-built rules
engine, and superior data management capabilities to ensure that
every PHM initiative is successful."
"Being recognized in the 2024 Frost Radar™: US Population Health
Management report reflects Health Catalyst's ongoing commitment to
addressing healthcare's most pressing challenges through innovation
and client-centric solutions," said Dan
Burton, CEO of Health Catalyst. "We are thrilled to
contribute to the transition toward value-based care. In line with
our multi-decade mission, we are dedicated to equipping healthcare
organizations with the tools to facilitate data-informed healthcare
improvement, operational efficiency, and ultimately, improved
patient outcomes."
The report further highlights Health Catalyst's proactive approach
to innovation, addressing pressing industry challenges, and
consistently strengthening its portfolio with acquisitions like
Carevive and Lumeon. The report noted that these acquisitions
enhanced Health Catalyst's capabilities in oncology care management
and patient communication, reinforcing Health Catalyst's dedication
to meet evolving market demands.
"Health Catalyst, with a balanced focus on growth and innovation,
holds a solid position to ensure the success of population health
management initiatives through its comprehensive and flexible PHM
portfolio that seamlessly accommodates the needs of clients of all
sizes with custom configuration, a pre-built rules engine, and
superior data management capabilities," said Sagar Mukhekar,
Industry Analyst at Frost & Sullivan.
Additionally, Frost & Sullivan analysts commended Health
Catalyst's strong commitment to innovation, emphasizing its use of
client feedback to keep its solutions closely aligned with industry
trends. The company's strategic expansion into underserved
segments, including ambulatory practices and smaller healthcare
organizations, further solidifies its leadership in the PHM
market.
About Health Catalyst
Health Catalyst (Nasdaq: HCAT) is a leading provider of data and
analytics technology and services that ignite smarter healthcare,
lighting the path to measurable clinical, financial, and
operational improvement. More than 1,000 organizations worldwide
rely on Health Catalyst's offerings, including our cloud-based
technology ecosystem Health Catalyst Ignite™, AI-enabled data and
analytics solutions, and expert services to drive meaningful
outcomes across hundreds of millions of patient records. Powered by
high-value data, standardized measures and registries, and deep
healthcare domain expertise, Ignite helps organizations transform
complex information into actionable insights. Backed by a
multi-decade mission and a proven track record of delivering
billions of dollars in measurable results, Health Catalyst
continues to serve as the catalyst for massive, measurable,
data-informed healthcare improvement and innovation.
Media Contact:
Amanda Flanders
Senior Vice President of Marketing and Communications
media@healthcatalyst.com
808.743.1781
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SOURCE Health Catalyst
