Health Catalyst agrees to sell Vitalware to Med-Metrix for $147 million cash

Health Catalyst

Health Catalyst

HCAT

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  • Health Catalyst agreed to sell its Vitalware mid-revenue cycle unit to Med-Metrix for USD 147 million in cash.
  • Proceeds are expected to bolster the balance sheet, supporting core technology and AI investment priorities.
  • Net proceeds, combined with cash on hand, are slated to repay and terminate a senior secured term loan with about USD 160 million outstanding.
  • Vitalware generated about USD 37 million in fiscal 2025 revenue, providing software for health system financial operations.
  • The deal is expected to close in 2026, subject to customary closing conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Health Catalyst Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606040903PRIMZONEFULLFEED9731925) on June 04, 2026, and is solely responsible for the information contained therein.