StockNews.AI
HCAT
StockNews.AI
173 days

Signature Healthcare to Enhance Analytics by Leveraging Health Catalyst Ignite™

1. Health Catalyst signs multi-year deal with Signature Healthcare for data integration. 2. Ignite will optimize clinical and operational performance for Signature Healthcare. 3. Signature Healthcare aims to enhance patient outcomes through data insights. 4. Health Catalyst provides AI-enabled analytics solutions to over 1,000 organizations. 5. The partnership aligns with Signature Healthcare's mission of high-quality care.

6m saved
Insight
Article

FAQ

Why Bullish?

The agreement with Signature Healthcare can enhance HCAT's revenue streams, similar to past partnerships that led to stock price increases.

How important is it?

The multi-million dollar agreement signifies growth potential for HCAT, impacting investor sentiment and stock performance.

Why Long Term?

The multi-year nature of the contract suggests prolonged revenue growth and ongoing positive market perception.

Related Companies

CVSUNHMDT
, /PRNewswire/ -- Health Catalyst, Inc. ("Health Catalyst,"Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced a multi-year agreement with Signature Healthcare, an integrated healthcare delivery system serving Southeastern Massachusetts. Signature Healthcare is collaborating with Health Catalyst to integrate data resource queries and unlock referral-related data powered by Health Catalyst Ignite™, a modern data and analytics ecosystem. Ignite integrates best-in-class cross-industry technologies with healthcare-specific data models and self-service tools in a scalable environment. This solution will enable Signature Healthcare to leverage data insights to help support quality patient outcomes and optimize operational performance. Signature Healthcare will use Ignite to address key objectives, such as integrating clinical and claims data, while enhancing care coordination. "We're excited to partner with Health Catalyst. They quickly understood our needs and requirements and their solutions align with the work of our leadership team's governance objectives," said Robert Haffey, Signature Healthcare President and Chief Executive Officer. "At Signature Healthcare, our mission is to provide high-quality, compassionate care to all our patients and strengthen the health of our community. Based on this mission, it is important for us to identify key solutions to meet the needs of those we serve." The partnership aims to leverage the actionable insights powered by Ignite to help Signature Healthcare provide a caring environment to enhance patient health and wellness and support operational excellence. In addition, Health Catalyst will offer its population health expertise to help Signature Healthcare maximize Ignite's capabilities for long-term success. "We are honored Signature Healthcare has chosen Ignite to help in continuing their legacy of providing safe, high-quality care," said Dan Burton, CEO of Health Catalyst. "Ignite will enable actionable insights and drive measurable improvements in clinical and operational outcomes. We look forward to the meaningful results Signature Healthcare will achieve through this partnership and are excited to support their mission of quality healthcare for all. About Health CatalystHealth Catalyst (Nasdaq: HCAT) is a leading provider of data and analytics technology and services that ignite smarter healthcare, lighting the path to measurable clinical, financial, and operational improvement. More than 1,000 organizations worldwide rely on Health Catalyst's offerings, including our cloud-based technology ecosystem Health Catalyst Ignite™, AI-enabled data and analytics solutions, and expert services to drive meaningful outcomes across hundreds of millions of patient records. Powered by high-value data, standardized measures and registries, and deep healthcare domain expertise, Ignite helps organizations transform complex information into actionable insights. Backed by a multi-decade mission and a proven track record of delivering billions of dollars in measurable results, Health Catalyst continues to serve as the catalyst for massive, measurable, data-informed healthcare improvement and innovation. About Signature HealthcareSignature Healthcare is a not-for-profit, integrated healthcare delivery system providing a wide range of services to patients and communities throughout Southeastern Massachusetts. Signature Healthcare is comprised of the award-winning Signature Healthcare Brockton Hospital, Signature Medical Group (SMG), a multi-specialty physician group of more than 175 physicians practicing in 16 ambulatory locations, and the Brockton Hospital School of Nursing. Media Contact Kathryn Mykleseth Director of Public Relations and Communications[email protected] SOURCE Health Catalyst WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News