Vitalware LLC

Canaccord Genuity acting as Exclusive Financial Advisor to Vitalware on its $150 million acquisition by Health Catalyst (NASDAQ: HCAT)

Canaccord Genuity is pleased to announce that on August 11, 2020, Vitalware, LLC entered into a definitive agreement to be acquired by Health Catalyst, Inc. for up to $150 million. Canaccord Genuity is acting as exclusive financial advisor to Vitalware.

Vitalware provides a full suite of mid-revenue cycle SaaS solutions that improves revenue visibility, ensures accurate reimbursements, produces clean and compliant claims, and provides a single source for all regulatory, coding and compliance content to nearly 1,000 hospital facilities. Vitalware’s flagship chargemaster offering, VitalCDM, was awarded Best in KLAS in both 2019 and 2020, and its newer Hospital Price Index solution supports compliance with expanding price transparency requirements.

The Canaccord Genuity team consists of Dudley Baker, Fred Fang and Rob Higham.