Key Highlights
- Health Catalyst to acquire Intraprise Health in Q4 2024 to expand cybersecurity and risk management offerings.
- Intraprise recognized for top ratings in KLAS Research’s 2024 Cybersecurity Survey for healthcare cybersecurity products.
- Combined capabilities will provide data-driven security insights, enhanced risk management, and AI-powered cybersecurity solutions.
Source: PR Newswire
Notable Quotes
- “Cybersecurity is a critically important area for our clients. The addition of Intraprise 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.” — Dan Burton, CEO at Health Catalyst
- “Health Catalyst’s next-generation healthcare data and analytics ecosystem, Health Catalyst Ignite™, is well positioned to help power additional foundational capabilities within our offerings. The ecosystem’s key efficiency in data gathering across the enterprise complements our solution to monitor the effectiveness of operational security controls and programs.” — George Pappas, CEO at Intraprise Health
- “As we support our clients’ fundamental data management and data governance tasks through Ignite, folding in Intraprise’s generative AI to help address complex and evolving third-party risks will have a significant impact on their data-driven efforts, optimizing decision-making and, ultimately, improving healthcare outcomes.” — Dave Ross, Chief Product Officer and Chief Technology Officer at Health Catalyst
SoHC's Take
This acquisition is a strategic move by Health Catalyst to fortify its data-driven healthcare solutions with cutting-edge cybersecurity expertise, a pressing need given escalating cyber threats within healthcare. Integrating Intraprise’s acclaimed cybersecurity capabilities with the Health Catalyst Ignite™ ecosystem creates a robust solution uniquely tailored to the healthcare sector’s evolving security landscape. This union not only broadens cybersecurity risk management but leverages generative AI for advanced monitoring and response capabilities, addressing both the internal and third-party risks healthcare leaders face today. The synergy between these two companies marks a critical step in the industry’s shift toward data-informed and secure healthcare environments.
