HEALTH CATALYST INC.

Health Catalyst has appointed Tami Reller to the board of directors, effective October 1, 2026; she will also serve as chair of the audit committee and as a member of the compensation committee. The appointment takes effect simultaneously with Simeon Kohl assuming the role of CEO and president. Reller brings experience from leadership roles at Duly Health and Care and Microsoft, as well as various positions at UnitedHealthcare and Optum, and she serves on the boards of publicly traded companies. » Więcej na de.investing.com

Health Catalyst completed the sale of its Vitalware business unit to Med-Metrix on July 31 and received a total of $147 million in cash (before adjustments). Using the proceeds and existing cash, the company fully repaid its credit facility, eliminating approximately $19 million in annual interest expense on a GAAP basis. Health Catalyst will now focus on core products for cost control, improving clinical quality and customer retention, as well as on intelligence products. » Więcej na de.investing.com

Med-Metrix, backed by Harvest Partners and A&M Capital Partners, has signed a definitive agreement to acquire Vitalware from Health Catalyst. Vitalware provides cloud-based software for chargemaster management, revenue integrity, price transparency and coding workflows; financial terms were not disclosed. The deal remains subject to customary closing conditions, and Vitalware’s leadership team and employees are expected to join Med-Metrix. The acquisition expands Med-Metrix’s technology platform for revenue cycle management, particularly in the mid-revenue cycle. » Więcej na de.investing.com