Healthcare DIVE March 12, 2025
The digital health IPO market has slowed to a crawl in recent years, but it could be poised for a turnaround in 2025, experts say.
Dive Brief:
- Virtual physical therapy company Hinge Health filed to go public on Monday, signaling the market for digital health initial public offerings may be starting to open.
- The firm narrowed its losses significantly last year, reporting a net loss of $11.9 million compared with $108.1 million in 2023, according to a securities filing. It also posted revenue of $390.4 million in 2024, an increase of more than 33% year over year.
- The IPO comes as filings in digital health have slowed to a crawl in recent years. But the market could be...
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