# Health Catalyst

**Type:** venture
**Status:** Draft
**Confidence:** Medium
**Focus:** healthcare data analytics, population health, value-based care, clinical data integration
**Stage:** Public (NASDAQ: HCAT); founded 2008; Salt Lake City HQ
**Location:** Salt Lake City, UT
**Updated:** 2026-06-21
**Needs-reviewed:** 2026-06-21
**Pull:** *Utah's flagship healthcare-analytics public company — a full data-platform play for health systems trying to make value-based care work.*

## Summary

Health Catalyst is a healthcare data and analytics company founded in 2008 in Salt Lake City. Its core product, the Health Catalyst Data Operating System (DOS™), ingests, cleanses, and integrates clinical, financial, and operational data from disparate health-system sources. Applications span population health management, quality improvement, value-based care performance, and operational efficiency. The company went public on NASDAQ (HCAT) in 2019 and serves hundreds of hospitals and health systems across the United States.

## 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](recursion-pharmaceuticals.md) and [Inherent Biosciences](inherent-biosciences.md).

## Evidence

- [Official Website](https://www.healthcatalyst.com)

## 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?