Health Catalyst Inc HCAT

Health Catalyst is a healthcare company based in Salt Lake City, Utah. Serving the healthcare industry across the USA and internationally, the organisation provides data and analytics technology and other services for a variety of healthcare organisations. Its solutions include a cloud-based data platform, analytics software, and various professional services. The company was founded in 2008 and started trading publicly in July 2019.

Since its IPO in 2019, Health Catalyst has been trading on the NASDAQ GS with the ticker HCAT. Shares were initially priced at $26, and the company offered 7 million of them during its IPO. The HCAT share price stood at $36.98 at the start of October 2020, showing a 52-week low of $17.48 and a 52-week high of $41.26.

The company was founded by a team of respected professionals within the healthcare industry, and primarily serves other healthcare providers. Clients that are served by Health Catalyst include Acuitas Health, Billings Clinic, Banner Health and Community Health Network, and the National Institute for Cardiovascular Outcomes Research (NICOR). The Billings Clinic won a Microsoft Health Innovation Award in 2020 for Improving Operational Outcomes, with the use of Health Catalyst’s Data Operating System and Population Builder.

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