Healthcare Waste Is a Problem that Helped Health Catalyst Earn a $1B Valuation (Digital Health)

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By Janae Sharp | March 05, 2019

For Health Catalyst, innovation is about bringing together agile partners who can make change with industry giants. I spoke with Tom Burton, co-founder of the health data, analytics and decision support company, shortly after receiving a billion-dollar valuation. This “unicorn” status is a huge accomplishment in health IT, and I wanted to hear what problems the leader of the company was most excited about solving.

I was thrilled to hear that Health Catalyst had a data product that helped improve the efficiency of activity-based costing in healthcare. Last year, I wrote about how transitioning to value-based care is limited by our data infrastructure. But this year, HIMSS had an answer to that question, and I found it in my meeting… Click to view full article