M&A
confidence high
sentiment positive
materiality 0.85
Health Catalyst sells VitalWare for $147M, repays credit facility, Q2 revenue down 13%
Health Catalyst, Inc.
- Sold VitalWare to Med-Metrix for $147M cash; used proceeds plus cash on hand to fully repay $160M credit facility.
- Credit facility repayment included $122.8M term loan, $37.1M delayed draw, $3.2M prepayment premium, $0.5M accrued interest.
- Q2 2026 revenue $70.5M (down 13% YoY); net loss $40.5M (vs $41.0M loss in Q2 2025).
- Company expects to eliminate ~$19M annual GAAP interest expense from debt repayment.
- Pro forma shows VitalWare contributed $17.6M revenue in H1 2026; Health Catalyst now focuses on intelligence products.