Software solutions company in the healthcare industry
NantHealth, Inc.
Company type
Public
Traded as
OTCQB: NHIQ
Nasdaq: NH (2016–23)
Industry
Healthcare
Founded
2007; 17 years ago (2007)
Founder
Patrick Soon-Shiong
Key people
Patrick Soon-Shiong (CEO) Paul Holt (CFO)
Revenue
US$95.961 million (2019)[1]
Operating income
US$57.539 million (2019)[1]
Net income
US$62.762 million (2019)[1]
Total assets
US$266.487 million (2019)[1]
Total equity
US$323.623 million (2019)[1]
Number of employees
340 (2021)[2]
Website
www.nanthealth.com
NantHealth, Inc. is a provider of software solutions for the healthcare industry, including NaviNet for insurance companies and decision support systems targeted at healthcare. The publicly traded company is headquartered in Winterville, North Carolina.
The company was founded by Patrick Soon-Shiong. His investment portfolio NantWorks controlled 62% of the voting shares of NantHealth at the end of 2021.[2] Other notable early investors included Allscripts,[3] BlackBerry,[4] Kuwait Investment Authority,[5] Celgene,[6] and Verizon.[7]
In September 2014, NantHealth was featured as the cover story in Forbes Magazine, which estimated NantHealth's market capitalization at $1.6 billion.[8] In December 2014, NantHealth was featured on 60 Minutes by Sanjay Gupta.[9] In August 2017, NantHealth signed a distribution agreement for GPS Cancer with Asia Genomics.[10]
In January 2019, NantHealth received a delisting warning from Nasdaq "because the Company’s common stock failed to maintain a minimum closing bid price of $1.00 for 30 consecutive business days."[11] At the time, the market value of the company was approximately $57m.[12] The company made a 1-for-15 reverse stock split in December, 2022.[13]
^ abcde"NantHealth Annual Report (Form 10-K)". last10k.com. U.S. Securities and Exchange Commission. February 28, 2020.
^ ab"NantHealth Annual Report (Form 10-K) 2021". sec.gov. U.S. Securities and Exchange Commission. February 24, 2022.
^"NantHealth Investment deal paves way for IPO". Los Angeles Times. July 2015. Retrieved 1 July 2015.
^"BlackBerry Invests in NantHealth for Integrated End-To-End Healthcare Solutions". Retrieved 5 February 2015.
^"Soon-Shiong's NantHealth Raises $250 Million From Kuwait Fund". October 2014. Retrieved 5 February 2015.
^"Celgene Makes Landmark Investment in NantHealth to Advance Groudbreaking Cancer Research for Patients". Retrieved 5 February 2015.
^"Verizon invests in NantHealth to deliver mobile clinical data". 24 October 2012. Retrieved 5 February 2015.
^"Can Patrick Soon-Shiong, The World's Richest Doctor, Fix Health Care?". Forbes. Retrieved 5 February 2015.
^"Disrupting Cancer". CBS News. 7 December 2014. Archived from the original on October 30, 2020. Retrieved 5 February 2015.
^"NantHealth Signs Distribution Deal for GPS Cancer in Southeast Asia". GenomeWeb. Retrieved 2018-10-23.
^"8-K". www.sec.gov. Retrieved 2019-02-09.
^"NH : Summary for NantHealth, Inc. - Yahoo Finance". finance.yahoo.com. Retrieved 2019-02-09.
Verizon. In September 2014, NantHealth was featured as the cover story in Forbes Magazine, which estimated NantHealth's market capitalization at $1.6 billion...
"organized, informed and productive." In December 2014, BlackBerry and NantHealth, a healthcare-focused data provider, launched a secure cancer genome browser...
clients. In 2017, Allscripts acquired the patient-engagement assets of NantHealth. In 2020 Allscripts executed two major divestment moves. In October, Allscripts...
Corporation sold its healthcare division, Harris Healthcare Solutions, to NantHealth. In January 2017, Harris sold off its government IT services division...
Bullhorn, Inc. CloudHealth Technologies DebtX EverBank Game Show Network Geode Capital Management Google InvenSense NantHealth Nixon Peabody Rapid7 SimpliSafe...
Retrieved 23 April 2016. Mitra, Sramana (23 May 2016). "Biotech Startup NantHealth's Second Attempt to Go Public". Inc. Retrieved 23 April 2017. "Uxin prices...
web companies Patrick Soon-Shiong – founder of Abraxis BioScience and NantHealth, billionaire Lisa Su (蘇姿豐) – CEO and president of NASDAQ-100 component...
repurpose portions of it to support an ambitious healthcare project through NantHealth. The upgrade never took place. NLR ceased operations in March 2014. Members...
UBC Patrick Soon-Shiong, South African-American surgeon and chairman of NantHealth Peter Wall, property developer in Vancouver; played a significant and...
few tributaries, such as the River Cynon, River Rhondda, Bargoed Taf and Nant Clydach. It flows through Pontypridd and through to Taff's Well, the site...
the single larger Claerwen dam higher up the valley in the 1940/50s. The Nant-y-Gro dam – this small dam was constructed in the early stages of the project...
"Daughters of Charity Health System closes deal with hedge fund". 14 December 2015. Retrieved 2016-07-23. "Patrick Soon-Shiong's NantWorks to take over St...
Dragon Pizza Van, who organise the annual Brynmawr Street Food Festival. Parc Nant y Waun is a nature reserve incorporating 22 hectares (54 acres) of grassland...
Bennardd and Maenor Coed Alun, but are forced to retreat. He is pursued to Nant Call, where more of his men are slaughtered, and then to Dol Benmaen, where...
first time: Arfon and Dwyfor Meirionnydd replaced Caernarfon and Meirionnydd Nant Conwy, respectively; Aberconwy replaced Conwy. At the time of the election...
3+1⁄4 miles (5 km) east of Aberdaron, past a disused manganese mine in Nant y Gadwen. The mine employed 200 people in 1906; the ore was used as a strengthening...
from nature, and in 1847 the first picture exhibited by him in London, 'Nant Frangcon, Carnarvonshire,' appeared at the British Institution, and was followed...
biotech investor Patrick Soon-Shiong. This purchase by Soon-Shiong through his Nant Capital investment fund was for $500 million, as well as the assumption of...
Abergavenny, Law was educated at Grofield Secondary School and then attended Nant-y-Glo Community College. He later studied at the Open University. He ran...
Global Information
US$95.961 million (2019)[1]
US$62.762 million (2019)[1]
US$266.487 million (2019)[1]