Health Catalyst (HCAT) to Acquire KPI Ninja

Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today announced that it has entered into a definitive agreement to acquire KPI Ninja, a Lincoln, Nebraska-based provider of interoperability solutions and population health analytics.

KPI Ninja's end-to-end technology solution combines the agility of a centralized platform with interoperability and analytic technology. Health Catalyst believes KPI Ninja's powerful and flexible event-driven data processing capabilities, a natural complement to Health Catalyst's Data Operating System (DOS™) Platform, will empower customers with the ability to build and customize new services, clinical solutions, and operational tools around their core care systems, without the major refactoring and processing typically required of these systems.

Additionally, Health Catalyst expects KPI Ninja's ability to seamlessly ingest, aggregate, and analyze varied data sources from inside and outside the hospital, such as FHIR, Hl7 V2, CCDs, flat files, and APIs, will bolster Health Catalyst's existing data processing capabilities and maximize functionality of Health Catalyst's Analytics Applications layer. Health Catalyst is committed to enabling KPI Ninja's focus to be on continued outstanding execution and delivery to existing clients, with its current client support teams and relationships uninterrupted in enabling this focus and execution.

We anticipate that these attributes, together with Health Catalyst, will help ensure data is ready to power insights at every step of the decision-making process, allowing customers to see results faster with greater cost efficiency.

"KPI Ninja's powerful and flexible event-driven streaming capability strengthen our ability to offer innovative solutions within the healthcare data and analytics technology ecosystem and our ability to support healthcare organizations on their clinical, financial, and operational improvement journeys," said Dan Burton, CEO of Health Catalyst. "We look forward to welcoming every current KPI Ninja team member to Health Catalyst, and we are committed to supporting, as the top-priority, the current team's efforts to continue to deliver these tremendous solutions, consistently, and without interruption or disruption, to KPI Ninja's current clients."

"Both Health Catalyst and KPI Ninja share a common vision of advancing health care through arming health with data-driven insights," said Vineeth Yeddula, CEO of KPI Ninja. "By combining our technologies, we make a giant step toward advancing our shared vision. We are grateful to have Health Catalyst's support as we continue to serve our existing clients, ensuring the delivery of world class KPI Ninja products and services without interruption, while we continue to expand our footprint and maximize the value we deliver to the industry."

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