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November 7, 2022

Framingham healthcare tech firm names new president

Photo | Courtesy Definitive Healthcare Corp. Definitive Healthcare Corp. President Jon Maack

Definitive Healthcare Corp., a publicly-traded company based in Framingham, specializing in market intelligence, named Jon Maack to be the company’s new president.

Maack will report to CEO Robert Musselwhite, who had been serving as president before being named CEO as of August 1.

Maack joins the company after having served as chief strategy and corporate development officer at athenahealth, a Watertown healthcare software firm, according to a Thursday announcement from Definitive.

“I’ve dedicated my career to improving the healthcare ecosystem and joining Definitive Healthcare is the absolute right next step in my journey. The market for healthcare commercial intelligence is still in its early innings, and I can’t wait to jump in with the team to design, build, and deliver the next great set of tools to help our more than 3,000 customers create new paths to commercial success,” Maack said in a Thursday press release.

On Thursday, the company announced third-quarter revenue of $57.4 million, a 33% increase year-over-year. It reported a net loss of $6.4 million compared with a net loss of $21 million in the third quarter 2021 and an adjusted net income of $8.9 million, compared with $2.2 million in the third quarter 2021.

According to the company's website, Definitive Healthcare employs more than 900 people. As of Monday morning, the company has a market capitalization of just over $1.1 billion.

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