MedCity News March 20, 2025
Amid the market volatility and intense macroeconomic uncertainty, is it wise for Hinge Health to test the public markets?
The digital health IPO market hasn’t exactly been active in recent years. There was a surge in 2021, when 21 of the 57 active public digital health companies today made their debut on the public markets, according to Halle Tecco, founder of Rock Health, in a blog post. Since then, only a smidgen of companies have filed, including Tempus AI and Waystar.
And many of those who have gone public have largely stumbled. Just recently it was announced that Accolade, which went public in 2020, is being acquired by Transcarent for $621 million. The deal will take the company private...
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