SALT LAKE CITY, UT--(Marketwired - Jan 9, 2014) - Health Catalyst, a leader in healthcare data warehousing and analytics, received a high early- performance score among companies noted as having a healthcare-specific analytics platform in the report, Healthcare Analytics: Making Sense of the Puzzle Pieces, published this month by the respected research firm, KLAS. Health Catalyst achieved an early performance score of 90 on a scale of 100 in the report.
Heralded as a "newer and more effective way to approach EDW" that "often gives clients some tangible results in three to four months," Health Catalyst received favorable marks in a category that also included Deloitte (Recombinant), Explorys, Healthcare Data Works, IBM, Information Builders, Microsoft, Oracle, Premier, SAP (Sybase), and Teradata.
Health Catalyst's KLAS recognition follows recent accolades from Chilmark Research, which assigned Health Catalyst its highest overall rating in the Chilmark 2013 Clinical Analytics for Population Health Market Trends Report, and from Gartner, which named the company a "Cool Vendor for Healthcare Providers 2013" in its latest annual review of healthcare IT solutions.
KLAS' high marks of Health Catalyst are highlighted in what it calls an emerging category of enterprise data warehousing (EDW) and analytics platform solutions that are specifically designed for the unique challenges of healthcare. The nature of KLAS reporting is to provide market analysis based on the feedback from multiple healthcare organizations and KLAS notes that Health Catalyst is the only vendor in the emerging category of Healthcare Analytics Solution Platforms with "enough live clients validated by KLAS for an early performance score -- (and) reviews are highly positive."
Health Catalyst's Late-Binding™ Data Warehouse and Analytics platform, with more than 100 content-driven analytics applications, is "helping to redefine what EDW means in healthcare in a good way," according to the KLAS report. Health Catalyst takes "a fresh and palatable approach to healthcare EDW that challenges traditional thinking and long projects," the report added. "Initial clients see benefits beyond EDW and herald the vendor for introducing needed analytics paradigm changes in the organization."
"We appreciate the comprehensive research completed by KLAS and we are honored that their independent review highlighted our clients' successes in utilizing our platform and applications to improve care and efficiency," said Dan Burton, CEO of Health Catalyst. "Our clients' success and satisfaction is the fundamental way we measure our effectiveness. We're grateful to see third-party validation from KLAS that this is consistently occurring."
The report, Healthcare Analytics: Making Sense of the Puzzle Pieces, is available at klasresearch.com/reports.
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment and infrastructure systems to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.
About Health Catalyst
Based in Salt Lake City, Health Catalyst delivers a proven, Late-Binding™ Data Warehouse platform and analytic applications that actually work in today's transforming healthcare environment. Health Catalyst data warehouse platforms aggregate and harness more than 7 trillion data points utilized in population health and ACO projects in support of over 30 million unique patients. Health Catalyst platform clients operate over 135 hospitals and 1,700 clinics that account for over $130 billion in care delivered annually. Health Catalyst maintains a current KLAS customer satisfaction score of 90/100, received the highest vendor rating in Chilmark's 2013 Clinical Analytics Market Trends Report, and was selected as a 2013 Gartner Cool Vendor. Health Catalyst was also recognized in 2013 as one of the best places to work by both Modern Healthcare magazine and Utah Business magazine. Health Catalyst's platform and applications are being utilized at leading health systems including Allina Health, Crystal Run Healthcare, Indiana University Health, MultiCare Health System, North Memorial Health Care, Partners HealthCare, Providence Health & Services, Stanford Hospital & Clinics, Texas Children's Hospital, and Children's Hospital of Wisconsin. Health Catalyst investors include CHV Capital (an Indiana University Health Company), HB Ventures, Kaiser Permanente Ventures, Norwest Venture Partners, Partners HealthCare, Sequoia Capital, and Sorenson Capital. Visit www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.