Gish Health to make public as soon as April, says Source

The Startup of Digital Physiotherapy, health health is preparing to request an initial public offer, potentially as soon as next week, CNBC has learned.

The hinge health helps patients with musculoskeletal lesions that range from minor sprains to chronic pain to recover from the comfort of their own homes. His opi has been a highly anticipated exit within the abused digital health sector, which has staggering state from the sequelae of the Covid-19 pandemic.

The OPI could already happen in April, but the timelines could still change due to uncertainty about tariffs, according to a person familiar with the matter. Hinge Health, who hired employers, generated $ 390 million in revenues in 2024, had $ 45 million in free cash flow and reached gross margins of approximately 78%, said the person.

The San Francisco Startup has raised more than $ 1 billion of investors such as Tiger Global and Coatue Management. The hinge health had a Valuation of $ 6.2 billion As of October 2021. Physiotherapy is estimated in a market of approximately $ 70 billion for the end of the decade.

A Hinge Health spokesman declined to comment.

Hinge Health CEO, Daniel Pérez, and executive president Gabriel Mecklenburg co -founded the company in 2014 after they were frustrated by their own experiences with physical rehabilitation, according to the company’s website.

Hinge Health members can access virtual exercise therapy and an electric nerve stimulation device called Enso that is designed to serve as an alternative to pain medications such as opiates. The company has been using generative artificial intelligence to climb its attention team in recent years.

The company competes directly with new digital health companies such as Sword Health, but Hinge Health is approximately four times greater than the closet competitor, the person said.

Investors will observe closely to see if Hinge Health OPI serves as a positive stimulus for the sector.

Bloomberg reported Hinge Health’s OPI plans earlier on Friday.

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