Trade Health Catalyst - HCAT CFD

Health Catalyst Company profile

About Health Catalyst Inc

Health Catalyst Inc. is a provider of data and analytics technology and services to healthcare organizations. The Company operates in two segments: technology and professional services. The technology segment includes its data platform, analytics applications and support services. Its solution consists of a cloud-based data platform, analytics software and professional services expertise. Its cloud-based data operating system (DOS) is a healthcare-specific, open, flexible, and scalable data platform that provides customers with a single comprehensive environment to integrate and organize data from its software systems, which enables a range of analytics. Its software analytics application is built on top of its data platform to provide foundational or domain-specific insights that improve customers clinical, financial and operational performance. Its support services consist of both analytics experts and domain experts.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Health Catalyst Inc revenues increased 28% to $241.9M. Net loss increased 33% to $153.2M. Revenues reflect Technology segment increase of 34% to $147.7M, Professional Services segment increase of 20% to $94.2M. Higher net loss reflects Acquisition transaction costs increase from $2.7M to $26.2M (expense), Total Amort of Intangibles-excl Goodwill increase from $15.9M to $32M (expense).