Forbes June 28, 2019
In a much anticipated move, Livongo which uses a combination of devices, AI-driven data and specialized coaches to help people manage chronic conditions, filed today to go public. Number of shares offered and pricing have not been determined.
Livongo is part of a crop of companies operating at the intersection of healthcare and technology going public this year. Phreesia, which facilitates patient check-ins, filed a preliminary prospectus last week, followed yesterday by data warehousing and analytics company Health Catalyst.
It’s about time. Digital health companies have raised billions in venture funding but produced zero IPOs since 2016, falling short of the excitement they’ve generated and raising questions about their growth potential. Change Healthcare, a revenue cycle management company, slashed its...
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