Health Catalyst’s product portfolio is a combination of sophisticated analytics applications and one-of-a-kind warehousing architecture that employs a just-in-time approach to data binding to resolve the problems encountered while using traditional data warehousing methodologies. The Health Catalyst Analytics Platform is a unique, metadata driven ETL engine that extracts data from a hospital’s source systems and gathers it into Health Catalyst’s Late-Binding Data Warehouse and binds it at the right time and right place. “The rapidly deployable Late- Binding Healthcare Data Warehousing Platform serves as the cornerstone for the entire range of Health Catalyst applications,” delineates Burton.
Health Catalyst’s Late Binding Data Warehousing and Analytics Platform has allowed their existing customers to substantiate millions of dollars in cost savings along with major improvements in life-saving quality improvements.
Just one patient encounter can generate hundreds of rows of data in a healthcare organization’s source systems spanning nearly every area
The overall goal of a healthcare institution when leveraging historical patient data is to improve the current patient outcomes and predictive analytics has emerged as a powerful tool in this regard. Health Catalyst’s predictive analytics solutions are furthering the initiative of healthcare institutions for clinical event prediction and subsequent intervention. The company’s expertise in developing prediction models with the help of its EDW platform is crucial to gathering the rich data sets necessary for training and implementing predictors. Ongoing efforts include classification models for a generalized predictor of hospital readmissions, length of stay, and clustering of patient outcomes. With internal access to millions of de-identified hospital records in both the inpatient and outpatient settings, Health Catalyst aggregates and analyzes this training data to address the predictive analytics demands of its clients and site customization.
With an ever-expanding customer base and a repertoire of industry recognized solutions, Healthcare Analytics is poised for a significant market expansion within a short time-span. The company’s client base extends to over 250 hospitals, 3000 clinics, and 70 million patients across America. “Health Catalyst is proud that many of our nation’s most prestigious and forward-looking health systems have selected us as their partner to help deliver the improved quality and lower costs required to thrive in our evolving healthcare environment,” concludes Burton.