Health Catalyst, a provider of healthcare data analytics solutions for healthcare organizations, signed a definitive agreement to acquire all equity interests of Intraprise Health, for an aggregate purchase price of approximately $43 million.
Intraprise Health, a provider of cybersecurity software solutions for healthcare organizations, has raised a total of $12.4 million in equity funding to date.
Health Catalyst funded the acquisition with a mix of cash and stock, according to the press release. Additional details regarding the acquisition are available in Health Catalyst’s Form 8-K filed with the Securities and Exchange Commission (“SEC”) on November 6, 2024.
Commenting on the acquisition, Health Catalyst CEO Dan Burton said, “Cybersecurity is a critically important area for our clients. The addition of Intraprise Health to Health Catalyst’s existing portfolio of data-driven improvement offerings will help us fortify the support we provide healthcare leaders, specifically addressing the costs associated with risk management at the enterprise level and enhancing analytic capabilities to power more meaningful security insights.”
Healthcare IT companies providing healthcare cybersecurity solutions have raised less than $500 million in funding to date, according to our funding database.
For more information, click here to read the official press release…