Health Catalyst Inc.

HCAT

We are a leading provider of data and analytics technology and services to healthcare organizations. Our Solution comprises a cloud-based data platform, analytics software, and professional services expertise. Our customers, which are primarily healthcare providers, use our Solution to manage their data, derive analytical insights to operate their organization, and produce measurable clinical, financial, and operational improvements. We envision a future where all healthcare decisions are data informed.

The Health Catalyst Way

Our Mission

Our mission is to be the catalyst for massive, measurable, data-informed healthcare improvement. We fulfill our mission through a confluence of the following elements:
    
• Data Platform: integrate data in a flexible, open, and scalable platform to power healthcare’s digital transformation;
    
• Analytics Applications: deliver insights on how to measurably improve through the use of analytics applications;
    
• Services Expertise: enable data-informed improvement by providing analytical, clinical, financial, and operational experts; and
    
• Engagement: attract, develop, and retain world-class team members by being a best place to work.

The Health Catalyst Flywheel

We accomplish our mission with each of our customers by following a process we call the Health Catalyst Flywheel or the Flywheel. This process includes delivering on the three components of our Solution: data platform, analytics applications, and services expertise, which together drive measurable improvements. At the center of the Flywheel is the engagement of our team members. Team member engagement is foundational to everything we do and is the #1 priority of our CEO and broader leadership team.

When team members feel connected to our mission and are listened to, cared for, and respected at an extraordinary level, they produce outstanding work, which enables our customers to measurably improve. As customers realize improvements, their trust in Health Catalyst builds, their engagement in our shared work increases, and they choose to renew and expand their relationship with us, while also referring Health Catalyst to key decision-makers at other potential customers. Customer renewal, expansion, and referral produce growing, scalable, and predictable financial performance. 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$26.00 7,000,000 Positive High 86.86%

Offering Team

Deal Managers

  • Goldman Sachs
  • J P Morgan Chase
  • William Blair

Lawyers

  • Goodwin Procter LLP

Auditors

  • Ernst & Young LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

24 Jul, 2019

Offer

25 Jul, 2019

Look Ahead

Lock Up Expiry

25 Jan, 2020

Earning

Nov 1, 2018

IPO Terms

Offer Price $26.00
Offer Size 7M

Market Sentiments

Stock Price