Health Catalyst Named One of the Best Digital Health Companies in the World by Newsweek

Recent Launch of Health Catalyst Ignite™ Reinforces Company’s Revolutionary Status in Digital Health Space

Health Catalyst was recently named to Newsweek’s 2024 list of Best Digital Health Companies in the World, placing among the 50 best healthcare data analytics companies in the United States.

Newsweek’s award recognizes the world’s most exceptional digital healthcare companies and organizations. In addition to determining an organization’s score by analyzing factors such as financial performance and website and app traffic data, market intelligence company Holon IQ provided data on the impact of each business’s product or service and the expertise of its leadership.

The list includes 400 companies in 35 countries, representing seven industry segments, including diagnostics, health records, medical management, telehealth, and data analytics.

As a testament to its trailblazing status in data and analytics, Health Catalyst launched Health Catalyst Ignite™ shortly before the Newsweek accolade. Ignite is Health Catalyst’s next-generation healthcare data and analytics ecosystem, combining best-in-class technologies, healthcare-specific data models, self-service tools, and industry expertise in a single, modern environment.

The launch of Ignite marks a pivotal moment in Health Catalyst’s mission to enable massive, measurable healthcare improvement. The ecosystem breaks down the cost, time, access, and expertise barriers to data-informed healthcare improvement and gets the right data to the right decision-makers at the right time to drive massive, measurable improvement.

“Ignite enables us to explore what is possible when healthcare organizations are empowered to make clinical, operational, and financial decisions based on trustworthy, high-value data,” said Dan Burton, CEO of Health Catalyst, in the company press release.

According to data intelligence platform Statista, the global digital health market is predicted to compound an annual growth rate of more than 9 percent through 2028, when it will arrive at a projected market volume of $275 billion. With this prediction in mind, Newsweek said it generated the list to be a resource for would-be patients or medical providers to assess which products, services, or data suppliers are most reliable and best able to meet their needs.

“We hope this ranking helps all health care industry stakeholders and patients identify the digital health companies that make the most sense for them,” said Nancy Cooper, Global Editor in Chief of Newsweek, when announcing the 2024 World’s Best Digital Health Companies list.

For the complete list of this year’s winners, please visit https://www.newsweek.com/rankings/worlds-best-digital-health-companies-2024.

Notes From the Field: 7 Questions with Ben Cleveland, Principal Data Scientist, UnityPoint Health

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