Derek Gross's questions to Health Catalyst Inc (HCAT) leadership • Q2 2025
Question
Derek Gross inquired about the composition of net new platform client additions, specifically the split between existing clients upgrading versus entirely new logos.
Answer
CEO Dan Burton responded that the pattern has remained consistent, with the large majority, approximately two-thirds, of net new platform clients originating from their existing client base. He highlighted that this demonstrates the strength and efficiency of the company's cross-sell motion. He also noted a recent pickup in momentum in early Q3 after a slowdown at the end of Q2.