Health Catalyst
Health Catalyst is a public healthcare data and analytics company that sells the Ignite cloud platform and modular applications to over 1,100 US health systems, hospitals, and life sciences organizations, unifying clinical, financial, and operational data with AI-powered insights to drive measurable improvement.
- Company typePublic
- Founded2008
- HeadquartersSalt Lake City, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Health Catalyst does
Health Catalyst is a public healthcare data and analytics company founded in 2008 and headquartered in South Jordan, Utah, listed on NASDAQ under ticker HCAT. The company builds and sells the Ignite cloud-native data and analytics platform that unifies clinical, financial, and operational data from over 40 healthcare systems into a single source of truth, using AI-powered insights, machine learning, and interoperability standards (FHIR, HL7, OMOP). Health Catalyst serves more than 1,100 healthcare organizations including large health systems, hospitals, life sciences organizations, and revenue integrity teams, supported by 16+ years of healthcare-specific data models and 390+ documented case studies representing $2.8B+ in client-validated outcomes.
The portfolio extends beyond the Ignite core into modular applications and acquired brands: Patient Engagement (Twistle), Population Health Suite, Clinical Quality Improvement, Revenue Cycle Management, Care Flow, MeasureAble (ONC-certified), KPI Ninja, ARMUS, Lumeon (care management automation), Upfront Healthcare (patient engagement on Salesforce AppExchange), Intraprise Health (cybersecurity), and Carevive (oncology). The company is divesting Vitalware to Med-Metrix for $147 million (announced June 2026) and migrating customers from the legacy DOS platform to the modern Ignite platform while launching Ignite Spark to address community, regional, and specialty health systems.
The business operates an enterprise field sales motion with subscription-based recurring revenue (annual billing, quote-based pricing) supplemented by professional services for implementation and managed services. The company reports approximately 1,001-5,000 employees, FY2025 revenue of $311.14 million, and FY2026 revenue guidance of $260-265 million; under a 2026 strategic operating model reset the company is rationalizing its portfolio, improving EBITDA, and transitioning leadership (Ben Albert appointed CEO February 2026).
Health Catalyst firmographics
Firmographics- Name
- Health Catalyst
- Legal name
- Health Catalyst, Inc.
- Website
- https://healthcatalyst.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Health Catalyst is a public healthcare data and analytics company that sells the Ignite cloud platform and modular applications to over 1,100 US health systems, hospitals, and life sciences organizations, unifying clinical, financial, and operational data with AI-powered insights to drive measurable improvement.
- Ownership category
- akta.pro rank
Health Catalyst industry classification
Industry- Product category
- Healthcare Data Analytics
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Prepackaged Software (7372), Services-Health Services (8000)
- akta.pro primary industry
- Data Access, Sharing & Marketplace Platforms (incl. TEFCA/QHIN enablement) (HLACAIAL)
- akta.pro secondary industries
- Care Pathway Automation & Patient Engagement for RPM (Coaching, Messaging, Scheduling) (HLACAPAM), Care Coordination, Escalation & Clinical Workflow for RPM (HLACAFAI)
Keywords
Where Health Catalyst is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Health Catalyst business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Revenue: Recurring subscription revenue from cloud-based data platform and analytics applications. Customers pay subscription fees for access to the Ignite platform and related software solutions.
- Professional Services: Implementation, consulting, and managed services revenue accompanying technology subscriptions. The company combines subscription revenue with professional services to support healthcare organizations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription pricing for healthcare data and analytics platform |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Health Catalyst product offering
Product offeringCore offering
Health Catalyst sells a cloud-based healthcare data and analytics platform (Health Catalyst Ignite™) that unifies clinical, financial, and operational data into a single source of truth for hospitals and health systems. The company supplements the core platform with modular analytics applications and acquired solutions spanning population health, clinical quality improvement, revenue integrity, patient engagement, and care management automation, delivered primarily through enterprise subscriptions paired with implementation and managed services.
Product overview
Health Catalyst offers a modular healthcare analytics platform architecture centered on the Ignite™ data and analytics platform (formerly DOS), supplemented by specialized applications and acquired solutions. The core Ignite platform unifies clinical, financial, and operational data into a single source of truth, while modular applications address specific use cases including Population Health Suite, Clinical Quality Improvement, Revenue Cycle Management, and Patient Engagement (Twistle™). The portfolio includes numerous acquired brands such as Vitalware™ (revenue integrity, divested 2026), Lumeon (care management), ARMUS (clinical quality), KPI Ninja/Ninja Universe™ (HIE analytics), Upfront Healthcare (patient engagement on Salesforce), Intraprise Health (cybersecurity), and Carevive (oncology). The company is transitioning customers from legacy DOS to the modern Ignite platform while maintaining a comprehensive suite spanning the healthcare data value chain from data integration to advanced AI-powered analytics.
Differentiator
Problem solved
Functional benefit
Brands
- Health Catalyst Ignite: Cloud-based data and analytics platform for healthcare organizations enabling real-time insights and AI-powered healthcare improvement
- Twistle
- Vitalware
- Lumeon
- Ignite Spark
- Carevive
Products and services
- Health Catalyst Ignite™ Next-generation cloud-based data and analytics platform that unifies clinical, financial, and operational data into a single source of truth, enabling healthcare organizations to drive measurable improvement across all domains.
- Ignite Spark™ Data and analytics solution designed for community, regional, and specialty health systems, providing accessible analytics capabilities for smaller healthcare organizations that may not have the resources for full-scale enterprise solutions.
- Patient Engagement (Twistle™) AI-powered patient engagement platform enabling proactive communication, care coordination, and patient outreach to improve adherence and outcomes; acquired brand providing automated patient communication workflows.
- Vitalware™ Cloud-based revenue integrity and chargemaster management software providing hospitals and health systems with tools for chargemaster management, price transparency, coding optimization, and revenue integrity. Slated for divestiture to Med-Metrix in 2026.
- Upfront Healthcare AI-powered healthcare engagement platform enabling personalized patient outreach, care gap closure, and preventive care activation; available on Salesforce AppExchange.
- Lumeon Care management automation platform enabling automated care coordination workflows and care pathway management.
- ARMUS Clinical quality offering and outsourced services focused on data abstraction and clinical documentation improvement.
- KPI Ninja / Ninja Universe™ Health information exchange analytics platform providing measurement, reporting, and quality measure certification support for HIEs and health systems.
- MeasureAble™ Quality measurement and reporting solution that achieved ONC Health IT Certification, enabling healthcare organizations to meet regulatory reporting requirements.
- Carevive Oncology-focused health technology platform for cancer care coordination and patient management.
- Intraprise Health Cybersecurity solutions provider offering healthcare-specific security assessments and protection tools.
- Population Health Suite Comprehensive population health management tools enabling healthcare organizations to manage patient populations, coordinate care, and improve outcomes across value-based care models.
- Care Flow™ Workflow automation and care coordination solution enabling healthcare teams to manage patient journeys across care settings.
- Pop Analyzer™ Population health analytics tool providing insights for managing patient populations and stratifying risk.
- Ignite Platform Operations Managed services offering where Health Catalyst resources manage platform operations, freeing internal team time for value-added activities.
Quantifiable outcome
- $2.8B+ in client-validated outcomes
- +7 more outcomes
Companies that use Health Catalyst
Customer profileNamed customers12 records
Segments4 records
Ideal customer profiles3 records
Health Catalyst technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability8 records
Feature5 records
Health Catalyst partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- DatabrickscoreStrategic partnership with Databricks to enhance healthcare data analytics using Delta Sharing, integrating Health Catalyst Ignite with Databricks' infrastructure. The joint solution enables secure, scalable analytics and real-time insights for healthcare organizations, aiming to break down traditional data silos.
- Upfront Healthcare ServicescoreHealth Catalyst acquired Upfront Healthcare Services for $86 million in January 2025. Upfront Healthcare provides a data analytics platform that was integrated into Health Catalyst's offerings. Ben Albert, CEO and Co-Founder of Upfront, joined Health Catalyst as President and COO.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Health Catalyst competitors and assessment
Company assessmentDirect peers
- Arcadia: Arcadia provides a healthcare data analytics platform focused on value-based care, population health, and quality improvement for health systems and ACOs. It is a direct competitor in clinical and financial analytics for mid-to-large healthcare organizations.
- Innovaccer: Innovaccer is a healthcare data activation platform that unifies clinical, financial, and operational data for health systems and payers. It competes most directly with Health Catalyst Ignite in the unified data platform and population health categories.
- Premier Inc. Premier Inc. offers performance improvement, supply chain, and analytics services to US health systems, with a strong focus on clinical and operational benchmarking. It overlaps with Health Catalyst in performance improvement analytics and supply chain insights.
Broad incumbents
- Oracle Health (formerly Cerner): Oracle Health is a top-tier EHR and healthcare data platform serving many of the same large US health systems as Health Catalyst. With Oracle's cloud and analytics stack behind it, it competes head-to-head on data warehousing, population health, and clinical analytics.
- IQVIA: IQVIA is a global leader in life sciences and healthcare data, analytics, and real-world evidence. It is a broad incumbent competitor in clinical and commercial analytics, particularly for life sciences and health economics use cases adjacent to Health Catalyst's offerings.
- Veradigm (formerly Allscripts): Veradigm provides EHR, practice management, and analytics solutions to hospitals and ambulatory providers. It competes with Health Catalyst in clinical and financial analytics and in revenue cycle optimization for hospital and ambulatory customers.
- Optum (UnitedHealth Group): Optum's health analytics, risk adjustment, and value-based care capabilities serve payers and providers across the same healthcare ecosystem. Its scale, payer relationships, and integrated data assets make it a broad incumbent competitor in healthcare data and analytics.
- Epic Systems: Epic is the dominant EHR vendor in US large health systems and increasingly embeds analytics, population health, and AI capabilities directly into its platform. It is the most direct competitive threat to Health Catalyst at the data and analytics layer for large hospital customers.
Emerging players
- Merative (formerly IBM Watson Health): Merative sells healthcare data and analytics products (formerly IBM Watson Health) spanning clinical decision support, real-world evidence, and population health. It competes with Health Catalyst in the analytics, imaging, and life sciences data categories.
- Definitive Healthcare: Definitive Healthcare provides commercial intelligence and analytics on healthcare providers, including utilization, claims, and ecosystem data. It is a partial competitor in healthcare market and provider intelligence, with overlap in how customers consume healthcare data for decision-making.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Health Catalyst social profiles
Digital presenceHealth Catalyst compliance and trust
Trust signalCompliance8 records
Health Catalyst financial estimates
Financial estimateRevenue estimate
Valuation estimate
Health Catalyst leadership team
Management profileNumber of profiles
Profiles7 records
Health Catalyst subsidiaries and ownership
Company hierarchySubsidiaries9 records
Health Catalyst funding detail
Funding detailFunding overview
Funding rounds17 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Health Catalyst M&A and investment
M&A and investmentM&A13 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Health Catalyst
What does Health Catalyst do?
Health Catalyst sells a cloud-based healthcare data and analytics platform (Health Catalyst Ignite™) that unifies clinical, financial, and operational data into a single source of truth for hospitals and health systems. The company supplements the core platform with modular analytics applications and acquired solutions spanning population health, clinical quality improvement, revenue integrity, patient engagement, and care management automation, delivered primarily through enterprise subscriptions paired with implementation and managed services.
Is Health Catalyst a public or private company?
Health Catalyst is a public company. It is classified as public and is currently operating.
When was Health Catalyst founded?
Health Catalyst was founded in 2008. It employs 1,001 to 5,000 people.
Where is Health Catalyst based?
Health Catalyst is headquartered in Salt Lake City, United States, in the North America region.
How does Health Catalyst make money?
Two revenue lines are on record. Subscription Revenue is the primary driver. The others are professional Services.
Who are Health Catalyst's main competitors?
Direct peers on record are Arcadia, Innovaccer and Premier Inc.. Broad incumbents are Oracle Health (formerly Cerner), IQVIA, Veradigm (formerly Allscripts), Optum (UnitedHealth Group) and Epic Systems. Emerging players are Merative (formerly IBM Watson Health) and Definitive Healthcare.
Does Health Catalyst have an API?
No public API is recorded for Health Catalyst.
What industry is Health Catalyst in?
Health Catalyst's product category is Healthcare Data Analytics. Its primary akta.pro industry code is HLACAIAL, Data Access, Sharing & Marketplace Platforms (incl. TEFCA/QHIN enablement), with a secondary code of HLACAPAM, Care Pathway Automation & Patient Engagement for RPM (Coaching, Messaging, Scheduling). Its NAICS code is 5132 and its SIC code is 7372.