Health Catalyst (Nasdaq: HCAT) has closed the sale of its Vitalware business, conducted through Vitalware, LLC, to Med-Metrix, LLC for $147 million in cash, subject to customary adjustments. The transaction closed on July 31, 2026.Health Catalyst used the net cash proceeds plus cash on hand to fully repay and terminate all obligations under its credit facility, eliminating about $19 million in annual GAAP interest expense based on the first half of 2026. According to Health Catalyst, the strengthened balance sheet will support focused investment in its healthcare intelligence strategy and AI-driven products, leveraging $2.8 billion in documented outcomes across more than 380 client improvement case studies to help health systems improve cost, clinical quality, and consumer performance.

Health Catalyst will sell its mid-revenue cycle unit to fund AI investment and fully repay a $160m term loan.

Med-Metrix Enters Into Definitive Agreement to Acquire CanAide to Enhance ...

Med-Metrix has officially entered into an agreement to acquire CanAide, enhancing patient access and streamlining revenue cycle management for healthcare providers.

Med-Metrix has entered into an agreement to acquire Vitalware, aiming to improve revenue cycle management and coding accuracy. This merge promises enhanced financial outcomes for clients.

Med-Metrix, backed by Harvest Partners and A&M Capital Partners, entered a definitive agreement to acquire Vitalware from Health Catalyst (NASDAQ: HCAT).The deal aims to strengthen Med-Metrix's mid-revenue cycle platform, enhancing charge capture, coding accuracy, revenue integrity, and compliance for health system clients, subject to customary closing conditions.

Reported Thursday, Jun 4 - 9:06am EDT (TheFly subscription required to read more.)

Health Catalyst (Nasdaq: HCAT) signed a definitive agreement to divest its mid-revenue cycle business, Vitalware, to Med-Metrix for $147 million in cash. The company expects this move to sharpen its focus on core technology and AI-driven healthcare improvement.Net proceeds plus cash on hand are planned to fully repay and terminate a ~$160 million senior secured term loan, which Health Catalyst expects will strengthen its balance sheet and increase financial flexibility. Vitalware generated approximately $37 million in fiscal 2025 revenue. Closing is expected in 2026, subject to specified conditions and regulatory waiting periods.

Med-Metrix has named Beau Beasley senior vice president of revenue cycle services, according to a post on his LinkedIn page.  Mr. Beasley joins the RCM…

Aug 16, 2025 - Med-Metrix is hiring a remote Quality Assurance Analyst. 📍Location: India.

Harvest Partners has agreed to invest in Med-Metrix, according to a news release. Med-Metrix, founded in 2010 and based in Parsippany, New...