Mission Statement, Vision, & Core Values of Health Catalyst, Inc. (HCAT)

Are you curious about what drives a leading healthcare data and analytics company? Let's delve into the core of Health Catalyst, Inc. (HCAT), a company that reported a total revenue of $307 million in 2024 and an adjusted EBITDA of $26 million. What are the guiding principles behind their mission, vision, and core values, and how do these elements contribute to their goal of transforming healthcare through data-informed decisions?

With a vision to 'develop the software, data, and services that will enable providers to optimize each patient's health,' how does Health Catalyst translate this into tangible actions and measurable improvements? Considering their commitment to being 'the catalyst for massive, measurable, data-informed healthcare improvement,' what specific values underpin their daily operations and long-term strategies?

Health Catalyst, Inc. (HCAT) An Overview of

Health Catalyst, Inc. (HCAT) is a healthcare analytics company. It provides data and analytics technology and services to healthcare organizations. Founded in 2008, the company is focused on helping healthcare organizations improve their clinical, financial, and operational outcomes with data-driven insights. The company offers a comprehensive suite of analytics software and professional services that enable healthcare providers to analyze data, identify areas for improvement, and implement evidence-based practices.

As of April 2025, Health Catalyst continues to provide a range of solutions, including:

• Data Operating System (DOS™): A platform that integrates data from various sources to create a unified view of patient information.
• Analytics Applications: Tools designed to address specific clinical, financial, and operational challenges.
• Professional Services: Consulting and implementation support to help healthcare organizations maximize the value of their data.

Health Catalyst's solutions are used by hospitals, health systems, and other healthcare organizations to improve patient care, reduce costs, and enhance operational efficiency. The company operates primarily in the United States, serving a diverse customer base across the healthcare industry.

In 2024, Health Catalyst reported significant financial achievements. The company's total revenue for the fiscal year 2024 reached a new record of $277.6 million, marking a 10.4% increase compared to the previous year. This growth was primarily driven by a substantial rise in subscription revenues, which amounted to $238.4 million, representing an impressive 11.9% increase year-over-year. Professional services revenues also contributed, totaling $39.2 million. The company's strategic focus on its key product offerings and expansion into new markets has bolstered its financial performance.

Health Catalyst has established itself as a leader in the healthcare analytics industry. Its innovative technology and services enable healthcare organizations to harness the power of data to drive meaningful improvements. Interested in learning more about Health Catalyst's financial standing? Check out: Breaking Down Health Catalyst, Inc. (HCAT) Financial Health: Key Insights for Investors

Health Catalyst, Inc. (HCAT) Mission Statement

Health Catalyst, Inc. operates with the mission to be the catalyst for massive, measurable, data-informed healthcare improvement. The company strives to achieve this by integrating data within a flexible, open, and scalable platform to drive healthcare's digital transformation.

The mission is an essential part of their fundraising efforts and has always been engrained in their culture. Employees must ask themselves, “Is everything on my priority list each day contributing to at least one of these objectives? And if not, why not?”

Vision Statement

Health Catalyst envisions a future where all healthcare decisions are data-informed, with a vision to develop the software, data, and services that will enable providers to optimize each patient's health.

Core Values

Health Catalyst emphasizes several core values that guide its operations and culture:

• Continuous Learning: Team members love to learn and are lifelong students, recognizing mistakes and correcting them quickly. They seek and respond favorably to feedback and coaching.
• Hardworking: A commitment to setting an industry-leading standard for excellence in each endeavor.
• Humility: The company was built on humility, giving credit where it's due and appreciating praise without letting it blind them to the contributions of others.
• World-Class: A commitment to building and maintaining a culture where team members are highly engaged in our mission leads team members to build world-class data and analytics technology and to provide industry-leading expertise.
• Improvement: Prioritizing innovations that accelerate improvement.
• Respect: Honest and compassionate interactions with others, treating confidential information appropriately, and protecting patient data.
• Ownership: Taking pride in the Health Catalyst brand, with a commitment to world-class performance in products and services.
• Transparency: Open communication and ethical practices in all aspects of the business.

Financial Performance in 2024

Health Catalyst reported strong financial performance for the full year 2024, with:

• Total revenue of $307 million.
• Adjusted EBITDA of $26 million.
• Technology segment revenue of $195 million for the full year and $52 million for the fourth quarter, representing 10% year-over-year growth.

For the full year 2025, the company expects:

• Total revenue of approximately $335 million.
• Technology revenue of approximately $220 million.

These values and financial achievements underscore Health Catalyst's dedication to improving healthcare through data and analytics.

Health Catalyst, Inc. (HCAT) Vision Statement

Health Catalyst, Inc. operates with the stated mission 'To be the catalyst for massive, measurable, data-informed healthcare improvement.' This mission drives their work in healthcare analytics and data solutions.

Health Catalyst's approach integrates data, analytics, and expertise to drive significant improvements in healthcare. The company's vision reflects a commitment to leveraging data to transform healthcare outcomes. As a key player in the healthcare analytics sector, Health Catalyst aims to lead the way in data-driven healthcare improvements. For more insights into their financial performance, you can explore Breaking Down Health Catalyst, Inc. (HCAT) Financial Health: Key Insights for Investors.

Core Values and Their Impact

Health Catalyst emphasizes several core values that underpin its operations and company culture:

• Client-first mentality: Prioritizing client needs to ensure solutions are tailored and effective.
• Innovation: Continuously seeking new and better ways to leverage data for healthcare improvement.
• Teamwork: Fostering a collaborative environment to maximize expertise and impact.
• Integrity: Maintaining high ethical standards in all interactions and data handling.

These values guide the company's interactions and strategic decisions, ensuring alignment with its mission and vision. Health Catalyst's focus on teamwork and innovation drives the development of cutting-edge analytics tools and solutions. Their client-first approach ensures these tools are effectively implemented and deliver measurable results for healthcare providers.

Data-Informed Healthcare Improvement

Health Catalyst focuses on measurable improvements in healthcare through data analytics. The company's solutions are designed to help healthcare organizations:

• Improve clinical outcomes
• Reduce costs
• Enhance operational efficiency

By providing robust data analytics platforms and services, Health Catalyst enables healthcare providers to identify areas for improvement and implement data-driven strategies. This approach leads to tangible benefits, such as reduced readmission rates, improved patient satisfaction, and lower healthcare costs. The emphasis on measurable results ensures that Health Catalyst's efforts directly contribute to better healthcare outcomes.

Financial Performance and Strategic Focus

In the 2024 fiscal year, Health Catalyst reported a revenue of $277.4 million, marking a 7.4% increase compared to the previous year. The company's strategic focus on expanding its product offerings and strengthening its market position has contributed to this growth. Despite a net loss of $77.7 million, Health Catalyst continues to invest in research and development to drive innovation and maintain its competitive edge.

The company's financial strategy includes:

• Investing in technology and innovation.
• Expanding its customer base.
• Focusing on recurring revenue streams.

These efforts are aimed at achieving long-term sustainable growth and profitability. Health Catalyst's commitment to data-informed healthcare improvement is reflected in its strategic investments and financial performance.

Health Catalyst, Inc. (HCAT) Core Values of

At Health Catalyst, the mission is to be the catalyst for massive, measurable, data-informed healthcare improvement. The company's core values are deeply ingrained in its culture and guide its daily operations. These values reflect a commitment to innovation, client success, and a people-centric approach. You can learn more about the company's mission and history here: Health Catalyst, Inc. (HCAT): History, Ownership, Mission, How It Works & Makes Money

Relentless Client Focus

Health Catalyst places a strong emphasis on client success, understanding that their growth and achievements are directly linked to the company's own. This commitment involves:

• Deeply understanding client needs and challenges.
• Tailoring solutions to meet specific client requirements.
• Providing ongoing support and guidance to ensure clients achieve their desired outcomes.

An example of this commitment is seen in Health Catalyst's partnerships with healthcare organizations to implement data-driven solutions that improve patient care and reduce costs. By working closely with clients, Health Catalyst helps them achieve measurable improvements in areas such as:

• Clinical outcomes
• Operational efficiency
• Financial performance

Innovation and Continuous Improvement

Health Catalyst fosters a culture of innovation and continuous improvement, encouraging employees to challenge the status quo and seek out new and better ways to serve clients. This value is reflected in the company's ongoing investment in research and development, as well as its commitment to staying at the forefront of healthcare technology. The company demonstrates this value through:

• Developing cutting-edge analytics and data management tools.
• Exploring new applications of artificial intelligence and machine learning in healthcare.
• Creating a collaborative environment where employees can share ideas and learn from each other.

People-Centric Approach

Health Catalyst recognizes that its employees are its greatest asset and is committed to creating a supportive and inclusive work environment where everyone can thrive. This commitment involves:

• Providing opportunities for professional growth and development.
• Promoting work-life balance and employee well-being.
• Fostering a culture of respect, collaboration, and open communication.

For instance, Health Catalyst offers various employee programs and initiatives aimed at promoting health and wellness, such as:

• Wellness programs
• Flexible work arrangements
• Employee resource groups

Integrity and Transparency

Health Catalyst operates with the highest standards of integrity and transparency, building trust with clients, partners, and employees. This value is demonstrated through:

• Adhering to ethical business practices.
• Being open and honest in all communications.
• Protecting the privacy and security of client data.

The company's commitment to integrity is reflected in its strong corporate governance policies and its dedication to complying with all applicable laws and regulations.