Digital Health IPOs: Mixed Results Keep Analysts Guessing

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The digital health IPO window cracked open a bit in 2019, and much is riding on the performance of the five companies that went out. If they do well, others will surely follow in 2020; if not, some in the digital health field could face a reckoning.

Following nearly three years of dormancy, the digital health IPO window cracked open a bit in 2019. Since June, five digital health companies have gone public: Change Healthcare, Phreesia Inc., Health Catalyst, Livongo Health Inc., and Progyny Inc., and much is riding on their success or failure in the aftermarket.

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