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Health Catalyst Acquires Medicity, Extending Its Leadership as the Data Platform for Healthcare

SALT LAKE CITY, July 11, 2018 – Health Catalyst, a leader in next-generation data, analytics,  and decision support, today announced completion of its acquisition of Medicity, one of the nation’s largest population health management companies with solutions for health information exchange (HIE), business intelligence, and provider and patient engagement.

Medicity adds to the Health Catalyst customer base more than 100 clients including 21 state and regional HIEs, large employers, health plans, 75 health systems encompassing over 1,000 hospitals and more than 185,000 providers in physician groups and extended care facilities, in support of over 75 million patients. The combined company is positioned to solve many of the most pressing problems of large healthcare delivery networks as they seek to improve the quality and lower the cost of patient care across communities.

“The future of healthcare will rely on the broad and more effective use of data to improve quality and costs, and with this acquisition, Health Catalyst can combine its expertise in data, analytics and decision support, including a data asset of over 100 million patients, with the expertise of Medicity in data exchange across the continuum of care,” said Dan Burton, CEO of Health Catalyst. “Medicity’s experienced team, extensive client roster, expansive data sets, and significant transactional capabilities are a compelling complement to Health Catalyst’s team, capabilities and offerings. Together, we’re well positioned to scale and to offer solutions designed to help our clients apply data-driven insights in a value-based care environment.”

The acquisition combines Medicity’s deep clinical dataset of over 75 million patients and significant transactional capabilities with Health Catalyst’s Data Operating System (DOS™) including AI-driven analytics and business intelligence, and a broad set of financial, cost, patient outcomes, and supply chain data from over 400 hospitals, 4,000 clinics and a data set of over 100 million patients nationwide. The unique combination will empower connected communities with the insights required to improve healthcare outcomes, control costs, and advance population health management.

“The combination of Medicity with Health Catalyst represents the best of both worlds – the transactional capabilities that our customers have been asking for, along with the analytics that Medicity’s customers have sought, delivered now from one company,” said Health Catalyst President Brent Dover, who was president of Medicity before joining Health Catalyst in 2013. “We share complementary technologies, a home base in Salt Lake City, a culture of innovation, and a commitment to improving healthcare. We believe customers of both companies will benefit.”

The integration of Medicity significantly expands the capabilities of the Health Catalyst Data Operating System, which will now have the unique ability to receive and analyze data in real time, and then embed the resulting insights into the workflow of virtually every Electronic Health Record (EHR) on the market today. The combined companies will also have a compelling solution for, and expertise in, the loosely affiliated community ambulatory care management space. These organizations, primarily independent physician groups, are in dire need of a simple means of integrating data between EHRs at the patient encounter level, with enough clinical quality analytics to meet the legal requirements of a Clinically Integrated Network.

“Adding Medicity’s data skills and technology, particularly in physician-led value-based care networks, is a great complement to our solutions,” said Dale Sanders, Health Catalyst’s president of technology. “Both customer bases will benefit from this acquisition. Medicity is very skilled at delivering a high volume of data exchange transactions with high availability. Health Catalyst excels at the bulk movement, curation, and analysis of data, while Medicity has complementary data content that will enhance the precision of our AI algorithms. They have great technology for interacting with literally every EHR under the sun, which will enhance our ability to embed analytics and decision support at the point of care, regardless of who the EHR vendor is.”

Sanders added, “I’ve always been intrigued by the analytics of HIE data traffic; not the data content but rather the network analysis of message types, destinations, and the timing of those messages. We plan on combining that metadata analysis with our data content analysis for new insights into population health, referral patterns, and patient outcomes in a region.  For the promise it offers, I believe this is a good acquisition for the industry.”

About Health Catalyst

Health Catalyst is a next-generation data, analytics, and decision-support company, committed to being a catalyst for massive, sustained improvements in healthcare outcomes. We are the leaders in a new era of advanced predictive analytics for population health and value-based care with a suite of machine learning-driven solutions, decades of outcomes improvement expertise, and an unparalleled ability to unleash and integrate data from across the healthcare ecosystem. Our Health Catalyst Data Operating System (DOS™)—a next-generation data warehouse and application development platform powered by data from more than 100 million patients, and encompassing over 1 trillion facts—helps improve quality, add efficiency and lower costs for organizations ranging from the largest US health system to forward-thinking physician practices. Our technology and professional services can help you keep patients engaged and healthy in their homes, communities, and workplaces, and we can help you optimize care delivery to those patients when it becomes necessary. We are grateful to be recognized by Fortune, Gallup, Glassdoor, Modern Healthcare and a host of others as a Best Place to Work in technology and healthcare. Visit www.healthcatalyst.com, and follow us on TwitterLinkedIn and Facebook. 

July 11, 2018 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 5 blogs containing over 11,000 articles with John having written over 5500 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 18 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

Medicity Reports Health Information Exchange Market Accelerated in 2011 As Organizations Prepare for Payment Reform and Accountable Care Models

Medicity’s health information exchange technology enables hospitals, clinics, physician practices, long-term care facilities and other health care organizations to securely exchange patient health information across their disparate locations and information systems. With Medicity’s solutions, for example, a physician seeing a patient for the first time can use her electronic health record (EHR) system to securely request and view a consolidated summary of a patient’s care history – including medications, allergies, vital signs, care plan, insurance information and more – whether the patient received care at a hospital, another physician practice, or a long-term care facility. Having this information on hand increases patient safety and convenience while decreasing unnecessary duplication of medical procedures – reducing the cost of care.

Medicity contracted with 43 health information exchanges in 2011

SALT LAKE CITY – Feb. 15, 2012– Medicity reports it saw acceleration in the number of health information exchanges being formed in the second half of 2011, supporting predictions recently voiced by Dr. Farzad Mostashari, National Coordinator for Health Information Technology, who said that health information exchange would turn a corner and take off in 2012. Medicity signed a record number of HIE contracts in 2011, with 43 health information exchanges (HIEs) contracting for its solutions, including 22 new HIE contracts that added approximately 150 hospitals to the Medicity ecosystem. An additional 21 existing clients expanded their health information exchange capabilities.

“Our business growth is a direct reflection of organizations building health information exchange to prepare for payment reform and new accountable care models,” said Brent Dover, president of Medicity. “The ability to securely exchange clinical data is one of the most critical but missing elements in helping to drive more cost-effective, quality patient care. Medicity’s capabilities enable that secure exchange of patient information to help physicians improve care as well as effectively track and manage the health care of their entire patient population across a spectrum of care providers.”

Medicity’s health information exchange technology enables hospitals, clinics, physician practices, long-term care facilities and other health care organizations to securely exchange patient health information across their disparate locations and information systems. With Medicity’s solutions, for example, a physician seeing a patient for the first time can use her electronic health record (EHR) system to securely request and view a consolidated summary of a patient’s care history – including medications, allergies, vital signs, care plan, insurance information and more – whether the patient received care at a hospital, another physician practice, or a long-term care facility. Having this information on hand increases patient safety and convenience while decreasing unnecessary duplication of medical procedures – reducing the cost of care.

“Our growth confirms that health information exchange has gained traction and validates the success Medicity has had over the past 10 years in establishing the most extensive footprint of connected health care providers in the nation,” Dover said. “Medicity’s technology lays that HIE foundation, which is essential to the success of accountable care organizations and other new payment models.”

Medicity’s 43 contracts include solutions for HIEs run by private health systems, community exchanges sponsored by third-party health information organizations and direct physician-to-physician exchange through Medicity’s iNexx platform.

About Medicity

Medicity, the industry standard for health information exchange (HIE), is the leading innovator and largest provider of HIE technology – with more than 800 hospitals and 250,000 physicians in its connected ecosystem. Medicity’s solutions empower hospitals, physicians and HIEs with secure access to and exchange of health information – improving the quality and efficiency of patient care locally, regionally and nationally. For more information, please visit www.medicity.com or follow us at twitter.com/Medicity.

February 16, 2012 I Written By