Definitive Healthcare Acquires HIMSS Analytics Data Services to Strengthen Healthcare Market Intelligence Platform
VCBeat (WeChat Official Account: vcbeat) has learned that Definitive Healthcare, a data and intelligence provider in the healthcare services market, announced on January 16 the acquisition of HIMSS Analytics’ data services business and related assets, including the LOGIC, PREDICT, ANALYZE, and CUSTOM RESEARCH products. The financial terms of the transaction were not disclosed. This acquisition builds upon Definitive Healthcare’s clear growth strategy to deliver the most reliable and consistent view of healthcare data and analytics in the market.
Through this transaction, Definitive Healthcare plans to strengthen its market intelligence platform. The Massachusetts-based company will integrate the acquired assets into its own platform to offer new services, including expanded coverage of IT procurement intelligence, making the development of business strategies more transparent and efficient.
“HIMSS Analytics has developed a very powerful dataset, including technology installation data and procurement contracts, as well as other leading intelligence. Combined with Definitive Healthcare’s own proprietary healthcare provider data, it will create a truly best-in-class solution for our customers,” said Jason Krantz, Founder and CEO of Definitive Healthcare.
Definitive Healthcare and HIMSS Analytics have leveraged over 20 years of data collection experience to develop deep healthcare data expertise through their unique methodologies. With this acquisition, Definitive Healthcare has further strengthened its leading market intelligence platform, which has already helped thousands of clients successfully collaborate with healthcare providers and improve industry efficiency.
“We identified Definitive Healthcare as our ideal strategic buyer early on,” said Blain Newton, Executive Vice President of HIMSS Analytics. “I can confidently state that the healthcare intelligence embedded in HIMSS Analytics’ data assets has created unprecedented value for Definitive Healthcare. Our two teams are working closely together to ensure the highest level of service for our customers during this transition and well beyond.”
“HIMSS Analytics is a highly reputable and impressive company in the market. They have established and maintained meaningful connections across the entire healthcare sector, becoming a powerful driver of change during critical periods in healthcare,” said Jason Krantz. “We are very pleased with this acquisition and the ongoing partnership with industry leaders like HIMSS Analytics, who are committed to advancing the healthcare industry.”
Definitive Healthcare, founded in 2011, is a leading provider of data and intelligence, offering information on hospitals, physicians, and other healthcare providers. It delivers the most comprehensive and highest-quality data on Integrated Delivery Networks (IDNs). Currently, Definitive Healthcare holds data on 8,800 hospitals and integrated delivery networks, 150,000 physician groups, 1 million physicians, and other professionals in the industry. The company provides clients with the analytics and insights needed to effectively segment and research the healthcare provider market.
HIMSS Analytics is a global healthcare advisory firm that provides market intelligence solutions to drive the industry forward. As a trusted healthcare research and consulting firm, the healthcare industry relies on HIMSS Analytics’ resources, benchmarks, predictive models, and assessment tools to improve decision-making for their IT strategic roadmaps and market strategies. HIMSS Analytics is a wholly owned subsidiary of HIMSS (Healthcare Information and Management Systems Society).