NEWS COMMENTARY

Livongo Health and Health Catalyst join a growing list of digital health IPOs this year

Published:
July 30, 2019
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Very important

Both companies went public on the same day, with a strong debut. Change Healthcare and Phreesia, two other digital health companies, also went public recently. A shared feature among these companies is that they all offer solutions that support an emerging trend of a patient-centric, decentralized care model. The exuberant market response is a strong confidence booster for the digital health space, but clients should still perform their own due diligence before investing. Companies like Theranos are clear examples to avoid, but clients should also look at factors beyond the value proposition and validation of the core technology. We've seen how uBiome, despite a sound technology, raised concerns over its unscrupulous corporate practices.

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