Less than a month after its initial public offering resulted in total proceeds of more than $200 million, Salt Lake City-based data analytics company Health Catalyst reported high double-digit growth for the second quarter of 2019.

Payers and providers plan to put their money toward predictive analytics, with a majority of them — 61 percent — expecting the investment to pay off, according to the 2019 Predictive Analytics in Health Care Trend Forecast survey conducted by the Society of Actuaries.

Experian announced on Aug. 8 that it has signed an agreement to acquire MyHealthDirect, the Nashville-based developer of a digital care coordination platform.

Although most hospital leaders are unfamiliar with the specifics of automated technologies for data management, at least half plan on investing in the tech within the next two years, according to a new report.

Progknowse, a Tysons, Va.-based company developing predictive analytics software for precision medicine, has partnered with three health systems to further refine the technology.

When compared with industries like banking and entertainment, healthcare's digital transformation journey seems to have just begun. Industries that have been successful in this revolution understand it requires technology, leadership, culture change, workflow adaptation, employee engagement and digitizing useful, valuable data.

In early July, UC Health announced the appointment of Michael Legg as vice president and the Cincinnati-based health system's first chief data and analytics officer.

Ciox Health, the Alpharetta, Ga.-based provider of the HealthSource clinical data analytics and management platform, announced on July 25 a $30 million equity investment led by Merck's Global Health Innovation Fund.

Health Catalyst, a Salt Lake City-based provider of data analytics services to healthcare organizations, raised the proposed size of its initial public offering on July 23, Renaissance Capital reports.

Phreesia, a New York City-based company developing patient intake software customized to a hospital's needs, went public on the New York Stock Exchange on July 18.

Atrium Health has tapped Omnicell, a Mountain View, Calif.-based healthcare software company, to provide the Charlotte, N.C.-based health system with an automated, data-driven medication management infrastructure.

Peter Schuyler Greene, MD, brings more than 20 years of information technology experience to his role as chief medical information officer of Johns Hopkins Medicine in Baltimore.

Peoria, Ill.-based OSF HealthCare and the University of Illinois at Urbana-Champaign together added a total of $50 million to the endowment for their Jump ARCHES medical research partnership to improve community health and patient care.

The University of Missouri System and MU Health Care, both based in Columbia, have partnered with Siemens Healthineers to establish the Alliance for Precision Health.

UnitedHealth Group has partnered with the Atlanta University Center Consortium, the oldest and largest consortium of historically black colleges and universities, to establish an initiative encouraging students to pursue careers in data analytics.

University of California San Francisco has opened a $275-million cancer center that will use precision medicine to offer patients tailored treatments, including immunotherapy, genetic counseling and clinical trials.

As healthcare continues to shift toward more value-based care models, data and analytics will continue to play an important role. Providers will need to understand their patients not only as they pass through their care journey, but also as their journey coincides with similar patient populations and care pathways. 

Allscripts' healthcare decision analytics and budgeting business EPSi is partnering with the Healthcare Financial Management Association to research how health systems use data to manage increasing costs of care.