Health Catalyst raises $100 million for health care analytics

The artificial intelligence (AI) in health care market is set to top $34 billion by 2025, according to some estimates -- and it's no real wonder why. One startup that's successfully maintained pole position is Health Catalyst, a Salt Lake City, Utah-based health care big data company founded in 2009 by Steven Barlow and Thomas Burton. It aims to drive clinical and operational performance improvements in state and regional health plan providers, physician groups, and extended care facilities through its suite of analytics apps. And it's raising capital to help further progress toward that goal. Health Catalyst today announced that it has secured $100 million in series F equity and debt financing led by health care investment firm OrbiMed, with participation from existing partners Sequoia Capital, Norwest Venture Partners, Sands Capital Ventures, UPMC Enterprises, and Kaiser Permanente Ventures.