What You Should Know:
– Health Catalyst, Inc. (“Health Catalyst,” Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced it has signed a definitive agreement to acquire Upfront Healthcare Services, Inc. (“Upfront”), a next-generation patient engagement platform provider. Health Catalyst anticipates the acquisition will close in the first quarter of 2025.
– Upfront provides a market-leading patient activation and engagement platform and a proprietary strategic marketing analytics and content personalization solution for healthcare enterprises. Upfront’s automated patient acquisition and retention solutions enable healthcare organizations to win loyalty and guide every patient to optimal care by leveraging hyper-personalized experiences.
Health Catalyst: Igniting Smarter Healthcare with Data-Driven Innovation
Health Catalyst (Nasdaq: HCAT) is a global leader in data and analytics technology and services, empowering healthcare organizations to achieve measurable clinical, financial, and operational improvements. With over 1,000 clients worldwide, Health Catalyst leverages its cloud-based ecosystem, Health Catalyst Ignite™, and AI-enabled data solutions to transform complex healthcare data into actionable insights. Backed by decades of expertise and delivering billions in measurable results, Health Catalyst continues to drive data-informed healthcare innovation and improvement.
Expanding Patient Engagement Capabilities
Health Catalyst is enhancing its patient experience offerings by integrating Upfront’s patient acquisition and scheduling technology with its existing platforms, including Twistle Patient Engagement by Health Catalyst™ and Lumeon by Health Catalyst™ Care Orchestration. This integration strengthens the ability to:
- Reengage patients through tailored care pathways.
- Promote appointment attendance and streamline scheduling.
- Improve care transitions and close care gaps.
Upfront’s technology analyzes clinical, sociodemographic, and patient-reported data to guide patients to the care they need, ensuring timely interventions and better health outcomes. The combination of Upfront’s capabilities with Ignite’srobust data foundation aims to support healthcare providers in delivering optimized care while enhancing patient satisfaction.
Enhancing Data-Driven Healthcare Improvement
Health Catalyst Ignite™ uses high-value data, standardized measures, and registries, combined with deep healthcare domain expertise, to enable smarter decision-making. By integrating Upfront’s innovative solutions, Health Catalyst enhances its ability to:
- Provide personalized patient experiences.
- Improve care coordination and outcomes.
- Foster greater patient engagement and satisfaction.
Leadership Vision
“We are thrilled to welcome the Upfront team as we unite our shared commitment to improving patient care,” said Dan Burton, CEO of Health Catalyst. “By combining our data-driven technology with Upfront’s expertise in patient engagement, we aim to optimize access, enhance care transitions, and close critical care gaps, ensuring better health outcomes for patients and communities.”
Strategic Growth and Investment
The acquisition of Upfront will be funded through a combination of cash and stock, reflecting Health Catalyst’s commitment to strategic growth. Further details about the transaction can be found in the company’s Form 8-K, filed with the U.S. Securities and Exchange Commission (SEC) on January 13, 2025.
With its innovative approach to data and analytics, Health Catalyst remains a catalyst for healthcare transformation, driving meaningful improvements in patient care, operational efficiency, and overall satisfaction.