Critical Contrast: Health Catalyst (NASDAQ:HCAT) vs. OneMedNet (NASDAQ:ONMDW)

OneMedNet (NASDAQ:ONMDW) and Health Catalyst (NASDAQ:HCAT) are both healthcare companies, but which is the superior business? We will compare the two businesses based on the strength of their institutional ownership, risk, analyst recommendations, earnings, valuation, profitability and dividends.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for OneMedNet and Health Catalyst, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
OneMedNet	0	0	0	0	0.00
Health Catalyst	1	9	3	0	2.15

Health Catalyst has a consensus target price of $2.82, indicating a potential upside of 84.49%. Given Health Catalyst’s stronger consensus rating and higher possible upside, analysts clearly believe Health Catalyst is more favorable than OneMedNet.

Institutional & Insider Ownership

85.0% of Health Catalyst shares are owned by institutional investors. 19.4% of Health Catalyst shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares OneMedNet and Health Catalyst”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
OneMedNet	$1.46 million	N/A	N/A	N/A	N/A
Health Catalyst	$292.25 million	0.39	-$177.97 million	($3.68)	-0.42

OneMedNet has higher earnings, but lower revenue than Health Catalyst.

Profitability

This table compares OneMedNet and Health Catalyst’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
OneMedNet	N/A	N/A	N/A
Health Catalyst	-90.61%	-1.83%	-0.80%

Summary

Health Catalyst beats OneMedNet on 6 of the 9 factors compared between the two stocks.

About OneMedNet

OneMedNet Corporation provides clinical imaging solutions. It offers iRWD, a solution that utilizes AI to securely de-identify, search, and curate imaging data for its partner network consisting of medical and academic research institutions to generate progression in stages of medical research, discovery and diagnostics that span the field of life sciences. The company is based in Eden Prairie, Minnesota.

About Health Catalyst

Health Catalyst, Inc. provides data and analytics technology and services to healthcare organizations in the United States. It operates in two segments, Technology and Professional Services. The company provides data operating system data platform which provides clients single comprehensive environment to integrate and organize data from their disparate software systems; and analytics applications, a software analytics applications build for data platform to analyze clients face across clinical and quality, population health, and financial and operational use cases. It offers services expertise solutions comprising data and analytics, domain expertise and education, tech-enabled managed, and implementation services; and opportunity analysis and prioritization, data governance, data modeling and analysis, quality and process improvement strategy, cost accounting, data abstraction, and population health strategies. The company was formerly known as HQC Holdings, Inc. and changed its name to Health Catalyst, Inc. in March 2017. Health Catalyst, Inc. was founded in 2008 and is headquartered in South Jordan, Utah.