In a sign of the increasing importance of the healthcare sector in data analytics, note that Hospitals & Health Networks reports that six healthcare systems are investors in and customers of analytics company Health Catalyst or the rival it just bought, Health Care Data Works.
Brant Heise, managing director of the MemorialCare Innovation Fund, an investor in Health Care Data Works, told H&HN:
“We find that there are tremendous synergies that you can develop and foster between the entrepreneurial community and the healthcare system community by taking a slightly different approach than a typical vendor-client relationship. It’s really much more collaborative and collegial. We find that it’s tremendously valuable for all sides.”