SALT LAKE CITY, Aug. 19, 2015 /PRNewswire/ -- For the third year in a row, Health Catalyst, a leader in healthcare data warehousing, analytics and outcomes improvement, has been named to Inc. magazine's list of the fastest-growing private companies in America. With sales growth of 629 percent from 2011 to 2014, Health Catalyst ranked No. 713 on the exclusive 2015 Inc. 5000 list, which represents the most comprehensive look at one of the most important segments of the global economy — America's privately-owned businesses.
Health Catalyst's Late-Binding™ Data Warehouse and Analytics platform forms the information foundation for value-based performance at some of the nation's largest health systems, serving more than 50 million patients overall. The platform can be implemented in a matter of weeks, providing health systems a single source of truth by combining clinical, financial and operational data from electronic health records (EHR) and many other enterprise applications while enabling flexible and fast visualization of the data across all clinical and process domains. Equipped with near real-time data and self-service analytics, health systems can quickly adapt to changing market conditions and identify opportunities for key process improvements.
"We are honored to be named among the nation's fastest growing companies, and we attribute our growth to our customers' success in using Health Catalyst's analytics platform to systemically improve clinical and financial outcomes," said Dan Burton, CEO of Health Catalyst. "Enabling this clinical and financial improvement is central to our company's mission."
Health Catalyst's Inc. 5000 ranking is one of several accolades the company has received this year. The respected healthcare research firm, KLAS, gave Health Catalyst the top score for overall "vendor contributed value" among the healthcare analytics companies profiled in its report, "Healthcare Analytics Performance: The Data Deluge." Health Catalyst also was identified as a market leader in the IDC MarketScape report, "U.S. Healthcare Provider Clinical and Financial Analytics Standalone Platform Vendor Assessment." Over the past 12 months, the company has received four "best place to work" awards. Health Catalyst was selected from among 4,000 US companies as one of the 75 best places to work for Millennial employees in America, and for the second year in a row, Health Catalyst was recognized nationally by Modern Healthcare as one of the 100 best places to work in healthcare. In addition, Becker's Hospital Review recognized Health Catalyst as one of the 150 best places to work in healthcare, and the Salt Lake Tribune ranked the company the No. 1 best place to work in the greater Salt Lake City region in the mid-sized company category. Health Catalyst CEO Dan Burton and Co-Founders Steve Barlow and Tom Burton also won the Ernst & Young Entrepreneur Of The Year® 2015 Award, in the technology category of the Utah Region.
The 2015 Inc. 5000 is the most competitive crop in the list's history with an aggregate revenue of $205 billion, and has generated 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-In-Chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident."
More about Inc. and the Inc. 500|5000
Inc. 5000 Methodology
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
About Health Catalyst
Health Catalyst is a mission-driven data warehousing, analytics and outcomes-improvement company that helps healthcare organizations of all sizes perform the clinical, financial, and operational reporting and analysis needed for population health and accountable care. Our proven enterprise data warehouse (EDW) and analytics platform helps improve quality, add efficiency and lower costs in support of more than 50 million patients for organizations ranging from the largest US health system to forward-thinking physician practices. For more information, visit https://www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.
SOURCE Health Catalyst