Friday, March 1, 2013

Health Catalyst Increases Series B To $41M

Salt Lake City-based HealthCatalyst, which develops healthcare informatics and data services for healthcare organizations, has added $8M in its Series B, bringing that round to $41M in funding. The new funding came from Kaiser Permanente Ventures and CHV Capital. CHV Capital is a venture capital fund which is owned by Indiana University Health, Indiana's largest health care system. HealthCatalyst develops data warehousing and analytics tools used by hospitals to improve their reimbursement and patient management efforts.

Health Catalyst closed the first part of its Series B, worth $33M, in December; that funding came from Norwest Venture Partners, Sequoia Capital and Sorenson Capital. Health Catalyst is led by Dan Burton.

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