Surgeon's Record March 18, 2025
Hinge Health, a virtual MSK company and one of health tech’s most well-known unicorns (over $1 billion raised, $6 billion valuation), has filed an S-1 with plans to go public. With a stubbornly frozen IPO market, sagging digital health stocks, and exit-hungry investors—the entire ecosystem is watching. Much is riding on Hinge’s performance.
One of healthcare innovation’s paradoxes is that great clinical models don’t always equate to great business models—and vice versa. While the venture capital community is more intently focused on how Hinge Health performs financially, questions surrounding Hinge’s clinical relevance remain. The company’s S-1 filing provides clues to both.
This week’s edition of The Surgeon’s Record, presented by Commons Clinic, breaks down Hinge Health’s...
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