Two digital health IPOs in the last month! I bought one of them on opening day and not the other. Let’s check in.
- 34 days since Hinge Health’s IPO and 18 days since Omada Health’s
- Hinge is up 46%, Omada is down 17%
- Hinge has 81% gross margins (unreal!) vs Omada’s 60%
- Hinge and Omada both sell to employers and health plans, but Omada is much more concentrated
- Hinge posted profit in Q1, while Omada is narrowing losses
This is the just the beginning of digital health heating up. 🔥
Originally posted on LinkedIn.