Health Catalyst, which counts several care providers as investors, has raised $182m in its initial public offering, with its share price shooting up more than 50% on the first day of trading.
Health Catalyst, a US-based healthcare data analytics software provider backed by care consortium Kaiser Permanente and healthcare and insurance provider UPMC, raised $182m in its initial public offering yesterday.
The company increased the number of shares in the offering from 6 million to 7 million and priced them at $26 each, above its $20 to $23 range. They surged more than 50% on its first day of trading on the Nasdaq Global Select Market, reaching a $39.17 close and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
