Mercom Capital Group July 9, 2021
Despite the Covid-19 pandemic, so far, 12 digital health companies have already gone public in 2021
M&A was the only viable option for digital health companies in the past years due to the lack of initial public offerings (IPOs). However, all that changed this year with a slew of IPOs and announcements of plans to go public. So far this year, a total of 12 digital health companies have gone public (2 SPACs and 10 IPOs) compared to six in 2020.
Of the 12 companies that went public, 23andME and Hims & Hers went public via the SPAC deals, and ten digital health companies – Bright Health Group Convey Health Solutions, Dialogue Health Technologies, Doximity, MCI Onehealth, Mednow, Movano,...