Health IT

Health Catalyst scoops up HIE company Medicity

The data analytics business bought Medicity, which was acquired by Aetna in 2011, for an undisclosed amount, HIStalk reported.

Health Catalyst, a data analytics business, has agreed to acquire Medicity, a health information exchange technology company, for an undisclosed amount. Both companies are based in Salt Lake City, Utah.

The news was first reported by HIStalk.

Medicity offers various interoperability, business intelligence and patient engagement solutions for health systems, physician practices and HIEs. In early 2011, health insurer Aetna bought it for $500 million.

As for Health Catalyst, the company has data warehousing and process improvement products. Last year, it introduced its own data operating system, which brings together the elements of data warehousing, clinical data repositories and health information exchanges in one platform.

The Medicity deal isn’t Health Catalyst’s first acquisition. It nabbed Columbus, Ohio-based competitor Health Care DataWorks in 2015.

As HIStalk pointed out, Health Catalyst president Brent Dover served as president of Medicity until 2013.

Via email, a Health Catalyst spokesman said the company is deferring all comments about the acquisition to Aetna.

When reached via email, an Aetna spokesman said the insurer has issued the following statement:

Based on the evolution of Aetna’s consumer health strategy, we have agreed to divest Medicity to Health Catalyst. The transaction is expected to close within 90 days. We are not disclosing further details at this time.

Photo: designer491, Getty Images

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