The Health Catalyst IPO: Continuing Our Mission

July 25, 2019

Article Summary


On July 25, 2019, our Health Catalyst CEO, Dan Burton, the rest of the executive leadership team, and dozens of fellow team members celebrated the Health Catalyst IPO in New York City.
More than 700 team members and their families all over the world joined the celebration during events held locally—from Salt Lake City to Boston to Columbus to Singapore.
This was a day long-in-the-making, starting with our prescient co-founders Tom Burton and Steve Barlow in 2008. From those early days onward, Health Catalyst has been a mission-driven company committed to being the catalyst for massive, measurable, data-informed healthcare improvement.

On July 25, 2019, I was honored to join our Health Catalyst CEO, Dan Burton, the rest of the executive leadership team, and dozens of fellow team members in celebrating the Health Catalyst IPO in New York City. In fact, more than 700 team members and their families all over the world joined the celebration during events held locally—from Salt Lake City to Boston to Columbus to Singapore. This was a day long-in-the-making, starting with the work of our prescient co-founders Tom Burton and Steve Barlow in 2008.

From those early days onward, Health Catalyst has been a mission-driven company committed to being the catalyst for massive, measurable, data-informed healthcare improvement. We strive to help our clients see real results in financial, operational, and clinical improvements—this means saving not only money, but lives. We do this through what we call The Health Catalyst Flywheel (see Figure 1). This process includes delivering on the three components of our Solution: data platform, analytics applications, and services expertise. At the center of the Flywheel is the engagement of our team members. Team member engagement is foundational to everything we do and is the number one priority of our CEO and broader leadership team.

Illustration of the Health Catalyst Flywheel
Figure 1: The Health Catalyst Flywheel

The Flywheel, driven by team member engagement at the center, has helped us deliver more than 650 documented, customer-verified improvements across clinical, financial, and operational domains. It’s helped us stay true to our mission, as affirmed by our IPO today.

But I would be remiss if I didn’t mention the more than 126 healthcare organizations we serve. Our profound gratitude for their trust in us, their partnership, and their growth humbles us in ways that are difficult to articulate.

The Health Catalyst IPO: Continuing Our Mission

As Dan Burton said in his Nasdaq Closing Bell remarks, “Today is another milestone in our ongoing and important mission, and we look forward to keeping our mission at the center of everything we do in the months, years and decades ahead.”

Here’s to the past 11 years of healthcare transformation…and to the many years of healthcare innovation to come!

Health Catalyst IPO Ceremony at NASDAQ with Health Catalyst executive leadership team, and dozens of team members attending
Health Catalyst IPO Ceremony at NASDAQ, Thursday, July 25, 2019 in New York. (Jason DeCrow/AP Images for Health Catalyst)

Additional Reading

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Health Catalyst Announces Pricing of Initial Public Offering

How Healthcare Cost-Per-Case Improvements Deliver Big Bottom-Line Savings

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