South Jordan's Health Catalyst finalizes acquisition of Lumeon
Health Catalyst Inc., a South Jordan-based provider of data and analytics technology and services to healthcare organizations, has acquired Lumeon Ltd., a digital patient engagement platform with operations in the U.S. and United Kingdom.
“This acquisition aims to leverage Lumeon’s robust and market-leading platform and make it more intelligent through the application of advanced analytics, AI, and Health Catalyst Ignite data processing capabilities,” Health Catalyst said. “Health Catalyst expects this combination will further strengthen and differentiate its core focus on clinical improvement and ambulatory operations, in addition to supporting its current and future tech-enabled managed services partnerships.”
“We are excited to welcome the Lumeon team and work alongside them in support of our shared mission — to enable massive, measurable, data-informed healthcare improvement,” said Health Catalyst CEO Dan Burton. “Effective care management is an essential part of a patient’s clinical care journey, and the addition of Lumeon’s Care Orchestration to Health Catalyst’s existing technology and services offering will further enhance the analytics insights made available to providers seeking to transform clinical care.”
Lumeon CEO Robbie Hughes said, “By combining the Health Catalyst Ignite AI platform with our Care Orchestration technology, we will enable healthcare organizations to not only access data-driven insights at scale but now also automate the clinical actions needed to ensure those insights are translated into personalized care processes for patients and care teams, closing the loop for data-driven transformation and accelerating our shared flywheel further and faster than ever before.”
Health Catalyst funded the transaction with a mix of stock and cash, the company said.