Health Catalyst, Carle Health strengthen partnership in support of the health system’s financial transformation goals
Health Catalyst, Inc. (“Health Catalyst,”Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that Carle Health (Carle) has selected Health Catalyst PowerCosting™ to power the health system’s financial transformation.
“We are dedicated to creating the highest quality care experience possible for patients and members in every way,” Dennis Hesch, CPA, Carle Health chief financial officer and Health Alliance chief executive officer. “The capabilities Health Catalyst offers enables our teams to streamline processes and use insights to optimize the Carle Health vertically integrated system of care to be most effective and improve outcomes for the communities we serve.”
Based in Urbana, Illinois, Carle Health is an integrated health system that includes five hospitals, multi-specialty physician group practices with more than 1,000 doctors and advanced practice providers, health plans including FirstCarolinaCare and Health Alliance, as well as the Carle Illinois College of Medicine and the Stephens Family Clinical Research Institute.
This latest agreement strengthens the existing relationship between Health Catalyst and Carle, who will leverage the PowerCosting analytics application and Health Catalyst Data Operating System (DOS™) platform to give its health system leaders a critical view of their organization in order to help them better manage and assess the true cost of care.
“Carle Health is a world-class health system whose leaders continuously seek new opportunities to improve their clinical, operational, and financial performance,” said Dan Burton, CEO of Health Catalyst. “We’re grateful to have played a role in Carle’s transformation journey and look forward to continuing our work to help our partners at Carle realize the cost, revenue, and quality benefits of data-informed decision making and achieve their financial goals.”
