Health Catalyst Unveils New Solution to Bring Clinical Research to Routine Healthcare
September 10, 2021 at 08:30 am EDT
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Health Catalyst, Inc. announced the launch of the Health Catalyst Research Offering for healthcare providers, biopharmaceutical companies, and clinical research organizations (CROs). The new offering will help health systems safely convert and maximize their existing clinical databases, unlocking access to mutually beneficial industry and research partnerships. The new offering consists of two core components: The Health Catalyst Research Network™ and the Health Catalyst Touchstone Match™. The research network is an established cloud-based forum for collaboration, bringing together an array of hospitals, medical centers, biopharma companies, and CROs. This ecosystem is made actionable through Touchstone Match, an intelligent search function and services that support data-informed research use cases– from clinical trial feasibility analyses to searches for patients eligible for real-world studies. Using existing real-world data, such as electronic health records, the new Health Catalyst Research Offering allows health systems to proactively establish relationships with CROs and sponsors, creating opportunity for revenue enhancement and improved patient outcomes. For biopharma companies and CROs, the new offering represents a step towards integrating their research and clinical trials with the broader healthcare system. Key research and clinical decisions can be made with confidence using a nationally integrated data asset containing millions of records, a multi-system provider network, scalable infrastructure, and a team of data analytics experts who understand scientific process and study design.
Health Catalyst, Inc. is a provider of data and analytics technology and services to healthcare organizations. The Companyâs solution comprises its cloud-based data and analytics platform, software applications, and professional services expertise. The Company operates through two segments: Technology and Professional Services. The Technology segment includes its data platform, analytics applications and support services and is focused primarily on contracts that are cloud-based subscription arrangements, time-based license arrangements, and maintenance and support fees. The Professional Services segment is generally the combination of analytics, implementation, strategic advisory, outsourcing, and improvement services to deliver capabilities to its customers to fully configure and utilize the benefits of its technology offerings. Its clients include academic medical centers, integrated delivery networks, community hospitals, physician practices, health insurers, and others.