Health to go to public as soon as April says source

Digital physiotherapy launch Hinge Health is preparing for the filing of the original public offer, potentially, as soon as next week, CNBC learned.

Health hinge helps patients with muscle injuries, ranging from minor stretching to chronic pain, restoring the comfort of their own homes. Its IPO was a long -awaited exit within the broken digital health sector that has was the press from the consequences of the COVID-19 pandemic.

IPO may happen in April, but the terms can still change with the uncertainty around the tariffs, according to a person familiar with this issue. Hinge Health, which concluded contracts with employers, brought $ 390 million in 2024, had $ 45 million in free cash flow and reached gross profitability, the man said.

The startup in San Francisco has raised more than $ 1 billion in investors such as Tiger Global and Coatue Management. Saving health had $ 6.2 billion estimate As of October 2021, by the end of the decade, physiotherapy is about $ 70 billion.

Hinge Health’s press -secretary refused to comment.

Hinge Health CEO Daniel Perez and Executive Chairman Gabriel Mecklenburg founded the company in 2014 after they were disappointed with their own experience in physical rehabilitation, according to the company’s website.

Hinge Health participants can access virtual physical therapy and an electric nerve stimulating device called Enso, which is designed to serve as an alternative to pain medication as opiates. The company uses generative artificial intelligence to scale its help in recent years.

The company fights directly with other digital healthpicks in healthcare, such as Health Sword Health, but Hinge Health is about four times more than a cabinet competitor, the man said.

Investors will keep a close eye on whether IPO Hinge Health serves as a positive call for the sector.

Bloomberg report IPO Hinge Health plans before Friday.

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