Med-Metrix to Acquire Vitalware, Boost Coding Accuracy and Revenue Yield
HCAT•Med-Metrix has agreed to acquire Health Catalyst’s Vitalware business, integrating its cloud-based chargemaster management and coding analytics platform. The deal is expected to enhance Med-Metrix’s mid-revenue cycle offering, improving coding accuracy and charge capture to drive measurable net revenue yield gains for its health system clients.
1. Transaction Details
Med-Metrix entered a definitive agreement to acquire Vitalware from Health Catalyst. The acquisition covers Vitalware’s cloud-based revenue workflow and analytics software, subject to customary closing conditions.
2. Strategic Rationale
Vitalware’s chargemaster management platform and coding analytics tools will enhance Med-Metrix’s mid-revenue cycle services by improving charge capture accuracy and regulatory compliance, supporting measurable net revenue yield improvements.
3. Integration Plans
Post-closing, Vitalware’s leadership team and employees will integrate into Med-Metrix to expand its operator-led services and scalable software offerings across the revenue cycle.
4. Vitalware Background
Founded in 2011, Vitalware specializes in mid-revenue cycle solutions with a five-time Best in KLAS chargemaster platform widely adopted by hospitals and health systems.
