UPMC, Norwest Venture Partners lead $70M funding round for Health Catalyst

Health Catalyst, healthcare data warehousing and analytics company, has closed a $70 million Series E funding round.

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Pittsburg-based UPMC and Norwest Venture Partners, a Palo Alto, Calif.-based equity investment firm, co-led the funding round.

UPMC is a Health Catalyst customer, and Norwest Venture Partners has been a leading investor in three previous funding rounds. MultiCare Health System, based in Tacoma, Wash., and OSF Healthcare, based in Peoria, Ill., also contributed to this funding round.

The funding will help support Health Catalyst’s new products. This year, the company plans to release new solutions focused on activity-based costing, care management and real-time clinical decision support.

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