secwatch.observer — SEC 8-K summary
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Issuer:     Health Catalyst, Inc. (HCAT)
CIK:        0001636422
Form:       8-K
Filed at:   2026-06-04T13:10:13+00:00
Accession:  0001636422-26-000082
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Health Catalyst sells Vitalware to Med-Metrix for $147M; plans to repay term loan
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- Sale price of $147M in cash, subject to customary adjustments; expected close in Q3 2026.
- Net proceeds plus cash on hand to repay ~$160M senior secured term loan, including prepayment premiums.
- Vitalware generated ~$37M in FY 2025 revenue; transaction sharpens focus on AI and core technology.
- Closing conditions include HSR clearance and ≥80% of Vitalware employees accepting job offers from buyer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636422/000163642226000082/0001636422-26-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636422/000163642226000082/hcat-20260604.htm
  HTML page:      https://secwatch.observer/filing/0001636422-26-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer