Are there any macroeconomic or regulatory factors highlighted that could affect the company's outlook?

Based on the content of the press release you supplied – the Health Catalyst “Second Quarter 2025 Results” announcement – there is no explicit reference to any macro‑economic or regulatory developments that the company says could influence its future outlook.

What the release actually covers

Implications

• Because macro‑economic or policy factors are not highlighted, the company either does not view any current external shifts as material to its quarter‑over‑quarter performance, or it chose not to discuss them in this particular earnings release.
  
• The typical “forward‑looking statements” clause in press releases does note that “factors such as… general economic conditions, changes in health‑care policy, and regulatory developments could affect results,” but these are boiler‑plate language and not a statement that a specific factor is presently impacting the business.

Takeaway

• No macro‑economic or regulatory factor is explicitly identified in the provided news summary as influencing Health Catalyst’s outlook for the remainder of 2025.
• If you need insight into external forces that could affect the company (e.g., U.S. health‑care reimbursement policy, federal budget allocations for health‑IT, overall health‑care spending trends, interest‑rate environment, or broader economic growth), you would have to consult additional sources (analyst reports, the company’s Form 10‑K/10‑Q filings, or subsequent earnings calls where executives may comment on those topics).