Utah's flagship healthcare-analytics public company — a full data-platform play for health systems trying to make value-based care work.
Health Catalyst
venture active confidence: Medium status: Draft updated 2026-07-14
Summary
Health Catalyst is a healthcare data and analytics company founded in 2008 in Salt Lake City. Health Catalyst occupies a real niche: large health systems have vast data but lack the infrastructure to make it analytically useful.
Impact
Health Catalyst occupies a real niche: large health systems have vast data but lack the infrastructure to make it analytically useful. The company's platform and advisory services are aimed at closing that gap. Its public-market status makes it one of the few Utah health-tech companies with a transparent financial track record, and its presence has helped anchor Salt Lake City as a hub for healthcare analytics.
What They Need Now
Data engineers, healthcare data analysts, implementation consultants, product managers with healthcare domain experience, and enterprise sales. University of Utah partnerships are a talent pipeline.
Utah Context
Health Catalyst was co-founded by Dan Burton, Tom Burton, and others, and is headquartered in Salt Lake City. It is one of Utah's largest health-tech employers and part of the state's broader digital health ecosystem alongside companies like Recursion Pharmaceuticals and Inherent Biosciences.
Evidence
Open Questions
- Current revenue trajectory and path to profitability as a public company (HCAT)?
- How does Health Catalyst's platform compare to Epic, Palantir Foundry for Health, or Arcadia in practice?
- Dan Burton's current strategic priorities and leadership team composition?