KLAS Report Places Health Catalyst Among Nation’s Best Healthcare Analytics Companies
Growing innovator of enterprise data warehousing & analytics distinguished for its “innovative approach to analytics,” speedy implementations& proactive customer support
SALT LAKE CITY,UT – January 8, 2014 – Health Catalyst, a leader in healthcare data warehousing and analytics, received the top score for overall “vendor contributed value” among the early “preliminary data,” “broad BI” healthcare analytics companies profiled in a report titled “Healthcare Analytics Performance: The Data Deluge,” published this month by the respected research firm, KLAS.
According to KLAS, Health Catalyst has “an innovative approach to analytics” that “bring(s) clinical discipline and problem solving to healthcare BI.” The company achieved an early performance score of 89.3 out of 100 in the report, which compared the products of fully-rated companies such as IBM, McKesson, Microsoft, Oracle and SAP.
Health Catalyst’s high score of 8.0 out of 9 in “vendor contributed value” reflects a composite score of client-reported reviews in areas such as speed to value, implementation timeliness, product ease of use, delivery of new technology, proactive vendor service, and vendor living up to expectations. Health Catalyst’s score in that category was higher than the other “preliminary data” companies – Oracle, SAS, and MicroStrategy.
KLAS interviewed 463 providers to review the performance of BI vendors in healthcare and highlight those who contribute the most value in the eyes of their customers.
The report marks the second time in two years that Health Catalyst has been recognized as an early leader in the healthcare business intelligence market by KLAS, whose last report on the market (Healthcare Analytics: Making Sense of the Puzzle Pieces) was released in December 2013.
Additional Health Catalyst-related KLAS findings from this year’s report include:
- A high early data/preliminary rating of 8.6 out of 9 for “implementation on time”
- A high early data/preliminary rating of 8.2 out of 9 for “proactive service”
- A higher rating than any other “preliminary data” vendor in each of the following areas: “ease of use,” “works as promoted/lives up to expectations,” and “delivery of new technology.”
Health Catalyst’s Late-Binding™ Data Warehouse and Analytics platform – including more than 100 content-driven analytics applications – helps clients build the information foundation for value-based performance faster, more efficiently and more predictably. The platform can be implemented in a matter of months, 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 appreciate the comprehensive research completed by KLAS and we are honored that their independent review highlighted our clients’ successes in utilizing our platform and applications to improve care and efficiency,” said Dan Burton, CEO of Health Catalyst. “Our clients’ success and satisfaction is the fundamental way we measure our effectiveness. We’re grateful to see third-party validation from KLAS that this is consistently occurring.”
The report, Healthcare Analytics Performance: The Data Deluge, is available at klasresearch.com/reports.
KLAS is a research firm on a global mission to improve healthcare delivery by enabling providers to be heard and counted. Working with thousands of healthcare professionals and clinicians, KLAS gathers data on software, services, medical equipment and infrastructure systems to deliver timely reports, trends and statistical overviews. The research directly represents the provider voice and acts as a catalyst for improving vendor performance. Follow KLAS on Twitter at www.twitter.com/KLASresearch.
About Health Catalyst
Health Catalyst is a mission-driven data warehousing and analytics 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 30 million patients for organizations ranging from the largest US health system to forward-thinking physician practices. For more information, visit www.healthcatalyst.com, and follow us on Twitter, LinkedIn and Facebook.
Amendola Communications for Health Catalyst