other material
confidence high
sentiment neutral
materiality 0.30
Health Catalyst says SVB deposits are under 1% of cash and investments
Health Catalyst, Inc.
- Deposits with Silicon Valley Bank represent less than 1% of total cash, cash equivalents, and short-term investments as of March 10, 2023.
- Company acknowledges SVB closure and FDIC receivership but reports minimal exposure.
- No material financial impact expected from SVB failure based on current deposit levels.