April 26, 2018 2:06 AM ET

Health Care Technology

Company Overview of NantHealth, Inc.

Company Overview

NantHealth, Inc., together with its subsidiaries, operates as an evidence-based personalized healthcare company in the United States and internationally. The company engages in converging science and technology through an integrated clinical platform to provide health information at the point of care. It develops NantHealth solution, an adaptive learning system, including molecular profiling solution, software, and hardware systems infrastructure that collects, indexes, analyzes, and interprets various molecular, clinical, operational, and financial data points derived from various sources to enhance decision-making. The company’s products include GPS Cancer, a molecular profile that integra...

9920 Jefferson Boulevard

Culver City, CA 90232

United States

Founded in 2010

494 Employees

Phone:

310-883-1300

Key Executives for NantHealth, Inc.

NantHealth, Inc. does not have any Key Executives recorded.

NantHealth, Inc. Key Developments

NantHealth Seeks Acquisitions

NantHealth, Inc. (NasdaqGS:NH) is looking for acquisitions. The company has filed has filed a Shelf Registration in the amount of $200 million and expects to use the net proceeds from the sale of the securities for working capital and other general corporate purposes and may also use a portion of our net proceeds to acquire and invest in complementary products, technologies or businesses.

NantHealth, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017

NantHealth, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company announced total net revenue was $22,298,000 compared to $17,846,000 for the same period a year ago. Loss from operations was $17,242,000 compared to $21,292,000 for the same period a year ago. Loss from continuing operations before income taxes was $24,850,000 compared to $53,010,000 for the same period a year ago. Net loss from continuing operations was $22,562,000 compared to $48,416,000 for the same period a year ago. Net loss was $21,634,000 compared to $59,951,000 for the same period a year ago. Total net loss per common stock, basic and diluted was $0.20 compared to $0.49 for the same period a year ago. Net loss - non-GAAP from continuing operations was $7,789,000 compared to $14,351,000 for the same period a year ago. Net loss per share from continuing operations - non-GAAP was $0.07 compared to $0.12 for the same period a year ago. For the full year, the company announced total net revenue was $86,676,000 compared to $80,404,000 for the same period a year ago. Loss from operations was $67,900,000 compared to $120,488,000 for the same period a year ago. Loss from continuing operations before income taxes was $133,602,000 compared to $164,318,000 for the same period a year ago. Net loss from continuing operations was $131,399,000 compared to $140,521,000 for the same period a year ago. Net loss was $175,211,000 compared to $184,102,000 for the same period a year ago. Total net loss per common stock, basic and diluted was $1.49 compared to $1.69 for the same period a year ago. Net loss - non-GAAP from continuing operations was $55,287,000 compared to $58,205,000 for the same period a year ago. Net loss per share from continuing operations - non-GAAP was $0.47 compared to $0.50 for the same period a year ago.

Mark Burnett Not to Stand for Reelection as Member of Board of Directors of NantHealth, Inc

On March 5, 2018, Mark Burnett, a member of the Board of Directors of NantHealth, Inc. notified the company of his desire not to be nominated for reelection as a board member at the company's next annual meeting of stockholders due to time constraints and his significant other obligations. Mr. Burnett will continue to serve as a director until the expiration of his term and will have continued involvement in other activities within the NantWorks, LLC family of companies.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 4, 2017
NantHealth, Inc., Patient & Provider Engagement Solutions Business
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